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Commission and Fee Schedule

Commission and Fee Schedule

Standard Commission Schedule

Commerce Brokerage Services, Inc.

(Effective Date 09/01/2014)

Note: Commissions and fees subject to change without notice.

 

Stocks

Dollar Amount of Transaction

Commission Rate

$0 - 2,500

$29.50 + 1.7% of principal

$2,501 - 6,000

$55.50 + .66% of principal

$6,001 - 22,000

$75.50 + .34% of principal

$22,001 - 50,000

$99.50 + .22% of principal

$50,001 - 500,000

$154.50 + .11% of principal

$500,000 +

$254.50 + .09% of principal

Minimum commission: 4¢ per share
Maximum commission: 54¢ on first 100 shares, 55¢ per share thereafter
All transactions subject to a minimum charge of $39.00**

**Minimum charge of $39.00 per transaction or $0.04 per share, whichever is greater. All orders executed on the same stock, on the same side, in the same day, shall be calculated as one transaction.

Large Block Transactions: For orders of 10,000 shares or more or on orders of $500,000 or over, contact your Commerce Brokerage representative for special handling.

Stocks priced less than $1.00

Commission: 4% of the principal amount

All trades are subject to $39.00 minimum

All orders executed on the same stock on the same side in the same day shall be calculated as one order

Options

Dollar Amount of Transaction

Commission Rate

$0 - 3,000

$39 + 1.1% of dollar amount

$3,001 - 10,000

$39 + .8% of dollar amount

$10,000 +

$39 + .7% of dollar amount

Minimum option commission: 1-10 contracts, $4.00 per contract; 11 contracts and over, $3.00 per contract
Maximum commission: $39.00 per contract on the first two contracts plus $4.00 per contract thereafter

U.S. Treasury Bills, Bonds, Notes, Treasury Strips, Government Agencies, Municipals

Principal trades on a net basis and agency trades subject to $50.00 fee

Corporate Bonds

Principal trades on a net basis and agency trades are subject to the following schedule:

1 - 25 Bonds

$40 + $4 per bond

26 and over

an additional $3 per bond

Unit Investment Trusts

Loads established by prospectus

$70.00 liquidation fee for UITs not purchased through Commerce

Mutual Funds

Loads established by prospectus, read carefully before investing

No-load funds are subject to the following transaction fees:

$40

per purchase

$20

per sale

Surcharge for Non-U.S. Securities

(Excluding ADRs and international mutual funds)

Foreign Bonds:

$50.00

Foreign Stocks:

$75.00

Premium Asset Management Account Fees

Accounts valued less than $100,000:

$6.00 per month

Accounts valued over $100,000:

no charge

Accounts are valued on the last business day of the month

Miscellaneous Fees

Stock Transfer to Agent:

$25.00 per issue

Stock Transfer w/ delivery of physical cert:

$200.00* per issue

Legal Transfer/Re-registration:

$90.00 per issue

Photocopies of statements or confirms:

$5.00 per copy

Wire Transfer Fee:

$25.00 per wire

Inactive Custody Fee:

$35.00 per year

Full Account Transfer:

$75.00

Partial Account Transfer:

$30.00

Stop Payment Fee:

$20.00 per check

Returned Check Fee:

$20.00

Trade Extension Fee:

$15.00

Restricted Stock/Legend Removal:

$250.00 per issue

Safekeeping (restricted stock only):

$5.00 per position per month

Account Research:**

$20.00 per security

Physical Reorganization:

$40.00 (Voluntary and Mandatory)

Alternative Investments:

$35.00 per year

Overnight Fee:

$15.00

Transaction Fee:

$3.00 per transaction

A transaction is a purchase or sale of a stock, bond, or option. Mutual funds and UITs are excluded.

*Dependent on availability by Transfer Agent to issue certificates.

**Account research only includes research requests for purchase/sale information on current or previously held positions.

Margin Loans:

Margin Loans available to qualified Commerce Brokerage Services, Inc. clients. Call for rates. Margin Agreement Required.

Retirement Account Fees:
(Traditional, Rollover, Roth, SEP, SIMPLE,
Money Purchase and Profit Sharing Plans)

Annual Fee †:

$35.00

Termination Fee:

$95.00

† CBSI may subsidize a portion or all of the NFS Maintenance Fee as described in the "Annual Retirement Maintenance Fee Addendum" provided under separate cover.

Preferred Online Schedule

To be eligible for this discount pricing, you must submit an Online Account Access and Trading Acknowledgement Form and place your Stock, Option and Exchange Traded Fund trades online, sign up for e-confirmations and e-statements and have sufficient funds available in your cash or margin account at the time trades are placed.

(Effective Date 09/01/2014)

Note: Commissions and fees subject to change without notice.

Stocks / Exchange Traded Funds (ETFs)

  • $14.95 per transaction up to 2,000 shares
  • $14.95 plus 2 cents per share over 2,000 shares

All orders executed on the same stock on the same side in the same day shall be calculated as one order.

Stocks priced less than $1.00

Commission: 4% of the principal amount

All trades on stocks priced less than $1.00 are subject to $39.00 minimum

All orders executed on the same stock on the same side in the same day shall be calculated as one order.

Options

Dollar Amount of Transaction

Commission Rate

$0 - 3,000

$30 + .85% of dollar amount

$3,001 - 10,000

$30 + .65% of dollar amount

$10,001 +

$30 + .45% of dollar amount

Minimum option commission: 1-10 contracts, $3.00 per contract; 11 contracts and over, $2.00 per contract.
Maximum commission: $30.00 per contract on the first two contracts plus $3.00 per contract thereafter.

Mutual Funds

Loads established by prospectus, read carefully before investing.

No-load funds are subject to the following transaction fees:

$40

per purchase

$20

per sale

Surcharge for Non-U.S. Securities

(Excluding ADRs and international mutual funds)

Foreign Bonds:

$50.00

Foreign Stocks:

$75.00

Premium Asset Management Account Fees

Accounts valued less than $100,000:

$6.00 per month

Accounts valued over $100,000:

no charge

Accounts are valued on the last business day of the month.

Miscellaneous Fees

Stock Transfer to Agent:

$25.00 per issue

Stock Transfer w/ delivery of physical cert:

$200.00* per issue

Legal Transfer/Re-registration:

$90.00 per issue

Photocopies of statements or confirms:

$5.00 per copy

Wire Transfer Fee:

$25.00 per wire

Inactive Custody Fee:

$35.00 per year

Full Account Transfer:

$75.00

Partial Account Transfer:

$30.00

Stop Payment Fee:

$20.00 per check

Returned Check Fee:

$20.00

Trade Extension Fee:

$15.00

Restricted Stock/Legend Removal:

$250.00 per issue

Safekeeping (restricted stock only):

$5.00 per position per month

Account Research:**

$20.00 per security

Physical Reorganization:

$40.00 (Voluntary and Mandatory)

Alternative Investments:

$35.00 per year

Overnight Fee:

$15.00

Transaction Fee:

$3.00 per transaction

A transaction is a purchase or sale of a stock, bond, or option. Mutual funds and UITs are excluded.

*Dependent on availability by Transfer Agent to issue certificates.

**Account research only includes research requests for purchase/sale information on current or previously held positions.

Margin Loans:

Margin Loans available to qualified Commerce Brokerage Services, Inc. clients. Call for rates. Margin Agreement Required.

Retirement Account Fees:

(Traditional, Rollover, Roth, SEP, Simple, Money Purchase and Profit Sharing Plans)

Annual Fee †:

$35.00

Termination Fee:

$95.00

† CBSI may subsidize a portion or all of the NFS Maintenance Fee as described in the "Annual Retirement Maintenance Fee Addendum" provided under separate cover.

 

Standard Online Trading Schedule

Commerce Brokerage Services, Inc.

To be eligible for this discount pricing, you must submit an Online Account Access and Trading Acknowledgement Form and place your Stock, Option and Exchange Traded Fund trades online.

(Effective Date 09/01/2014)

Note: Commissions and fees subject to change without notice.

Stocks / Exchange Traded Funds (ETFs)

  • $29.95 per transaction up to 1,000 shares
  • An additional $.03 per share over 1,000 shares
  • $5 fee for limit orders

Stocks priced less than $1.00

Commission: 4% of the principal amount

All trades on stocks priced less than $1.00 are subject to $39.00 minimum

All orders executed on the same stock on the same side in the same day shall be calculated as one order.

Options

Dollar Amount of Transaction

Commission Rate

$0 - 3,000

$39 + 1.1% of dollar amount

$3,001 - 10,000

$39 + .8% of dollar amount

$10,001 +

$39 + .7% of dollar amount

Minimum option commission: 1-10 contracts, $4.00 per contract; 11 contracts and over, $3.00 per contract.
Maximum commission: $39.00 per contract on the first two contracts plus $4.00 per contract thereafter.
*All orders executed on the same stock on the same side in the same day shall be calculated as one order.

Mutual Funds

Loads established by prospectus, read carefully before investing.

No-load funds are subject to the following transaction fees:

$40

per purchase

$20

per sale

Surcharge for Non-U.S. Securities

(Excluding ADRs and international mutual funds)

Foreign Bonds:

$50.00

Foreign Stocks:

$75.00

Premium Asset Management Account Fees

Accounts valued less than $100,000:

$6.00 per month

Accounts valued over $100,000:

no charge

Accounts are valued on the last business day of the month.

Miscellaneous Fees

Stock Transfer to Agent:

$25.00 per issue

Stock Transfer w/ delivery of physical cert:

$200.00* per issue

Legal Transfer/Re-registration:

$90.00 per issue

Photocopies of statements or confirms:

$5.00 per copy

Wire Transfer Fee:

$25.00 per wire

Inactive Custody Fee:

$35.00 per year

Full Account Transfer:

$75.00

Partial Account Transfer:

$30.00

Stop Payment Fee:

$20.00 per check

Returned Check Fee:

$20.00

Trade Extension Fee:

$15.00

Restricted Stock/Legend Removal:

$250.00 per issue

Safekeeping (restricted stock only):

$5.00 per position per month

Account Research:**

$20.00 per security

Physical Reorganization:

$40.00 (Voluntary and Mandatory)

Alternative Investments:

$35.00 per year

Overnight Fee:

$15.00

Transaction Fee:

$3.00 per transaction

A transaction is a purchase or sale of a stock, bond, or option. Mutual funds and UITs are excluded.

*Dependent on availability by Transfer Agent to issue certificates.

**Account research only includes research requests for purchase/sale information on current or previously held positions.

Margin Loans:

Margin Loans available to qualified Commerce Brokerage Services, Inc. clients. Call for rates. Margin Agreement Required.

Retirement Account Fees:

(Traditional, Rollover, Roth, SEP, Simple, Money Purchase and Profit Sharing Plans)

Annual Fee †:

$35.00

Termination Fee:

$95.00

† CBSI may subsidize a portion or all of the NFS Maintenance Fee as described in the "Annual Retirement Maintenance Fee Addendum" provided under separate cover.


Disclosures

The information provided on this website is not meant as a recommendation or endorsement of any specific security or strategy. An individual’s situation can vary; therefore the information provided above should be relied upon only when coordinated with individual professional advice.

Mutual funds, annuities, and other investment products:

Not FDIC-insured

May lose value

No bank guarantee

Commerce Brokerage Services, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Commerce Bank. This site is not intended for use by, or to provide any information to, investors in any state where Commerce Brokerage Services, Inc. is not registered or in any jurisdiction outside the United States of America where such use would be prohibited or otherwise regulated. Nothing on this web site shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.