Fee Schedule

Annual Fee

Preferred Portfolio Services® (PPS) Custom account investors will pay an annual account management fee. Other transaction charges and third-party custodial fees may apply; see below for details.
The total assets will be billed at the rate depending on what account size level they fall within.
Management Fee
Transaction Charges**
Account Size Maximum Annual Fee*
$0–$1,000,000 1.10%
$1,000,000–$2,000,000 0.90%
$2,000,000+ 0.55%
*Please note: The minimum account size at account opening is $500,000.
EQUITIES Maximum Charges
OTC $25.00
Listed $25.00 up to 1,000 shares, +$0.01 per share thereafter
Treasuries, CDs, & Federal Agencies $30.00
Corporates & Municipals $30.00
UITs $20.00
CMOs $30.00
OPTIONS $20 + $1.25 per contract
Buy/Sell/Exchange $20.00

*The maximum annual fee for certain account size and type may be negotiated.
**Plus $4.00 confirm fee for all transactions except mutual fund exchanges, NTF funds, and periodic investment/systematic withdrawal transactions. Maximum transaction charges for purchases and sales within the CGM, Dimensional Fund Advisors, Dodge & Cox, Sequoia, and Vanguard mutual fund families have increased to $35.