What are the Apex Clearing custodial account maintenance and bank transfer fees?
Below is a list of Apex fees clients may incur that are not included in the Wrap Fee. These fees would be incurred based on a client’s request, beyond our control and accordingly excluded from the fees and services covered by the Wrap Fee. Should a client incur any of these fees, such client will be responsible for their payment in accordance with the terms and conditions of such client’s account opening agreements. This list of fees is the current list of Apex fees, as represented to us by Apex, but Apex reserves the right to change these fees in the future.:
Bank Transfer (ACH) Incoming – $0
Bank Transfer (ACH) Outgoing- $0
Returned ACH (insufficient funds) & Recall/Stop Payments – $0.50 each
ACH Notice of Correction (NOC) Fee – $5 per notice
Account Maintenance Fees:
Electronic Statement & Electronic Trade Confirms – $0
Paper Confirms* – $2 per confirm
Paper Statements* – $5 per statement
ACAT (Automated Customer Account Transfer)
ACAT Outgoing – $75 per account
ACAT Incoming – $0
*Statements and confirms are defaulted to electronic delivery. You can request paper confirms and statements if you choose. Paper confirm and statement fees will also occur if there is a typo in your email address that causes these documents to be bounced back as undeliverable. Please update your email address in the app or contact [email protected]
Q. Are there any trading fees associated with stocks on Stash?
There are no add on commissions or trading fees for adding stocks to your Stash portfolio. That means that you never have to pay extra to buy or sell, transfer funds or withdraw, or any action that you take to transact money in your Stash. Everything is included in the simple fee structure: $1 a…
Q. Will I be charged a penalty if I close my Retire account?
Yes. If you have a Roth IRA, you may close your account and withdraw your funds at any time. However, if you have not yet reached 59 ½ years old, you may be subject to penalties and taxes by the IRS. This also applies to Retire accounts that have been open for less than five…
Q. What are the Stash fees for a custodial account?
For balances of $5,000 or less, your first custodial account will cost $1 per month and additional custodial accounts will cost half as much—$1 every two months. All custodial accounts with balances over $5,000 will cost 0.25% per year of assets. There are no add-on fees or commissions for a custodial account. It’s always free…
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