Self-Directed Investing FAQs

How soon can I start trading?

You will be able to begin trading as soon as your account has been approved and we have received funding to open your account.

How much does it cost to trade online?

Trades placed online1

  • Equities, exchange-traded funds (ETF) and closed-end funds: $8.95 per order
  • Options: $8.95 per order plus $1.00 per contract
  • Mutual funds:
    • No load, no transaction fee funds2: $0.00
    • No load, transaction fee funds: $25.00 per transaction
    • Funds with sales loads: subject to applicable sales charges according to fund prospectus

Trades placed through Wealth Management Brokerage Services1

Call 800.888.4700, 24/7

  • Online commission rate for trades placed online, plus $25.00 for Brokerage Service Associate assistance

Additional fees

Fee type

Amount

Cash and stock extensions

$15 per occurrence

Wire transfers

$25 per transfer domestic

Returned checks

$25 per occurrence

Annual account fee3

$40 per account

Annual IRA fee

$40 per account

Certificate re-registration4

$45 minimum per issue

Certificate deposit/withdrawal

$45 per issue

Account transfers and IRA closeout fee

$75 per account

Electronic transfer return fee

$25 per occurrence

Bonds and government securities

Transactions where U.S. Bancorp Investments is acting as principal may include a markup or markdown (with no additional commission charge). Transactions in U.S. government securities, where U.S. Bancorp Investments acts as agent, carry a fee of $50.00 per transaction.

Load mutual funds/unit investment trusts/variable annuities

Subject to applicable sales charges and/or redemption fees as stated in the prospectus. Investors should consider an investment’s objectives, risks, charges, and expenses before investing. Please read the prospectus before investing. Minimum purchase requirements vary.

Foreign equities

A clearing fee of $75.00 will be added to the underlying base commission (Canadian issues excluded) for buy or sell transactions. Additional fees may apply for special or research items. (Fees subject to change without prior notice.)

How do I access my U.S. Bank and U.S. Bancorp Investments accounts?

With our consolidated dashboard, accessing all your accounts in one place is easy. Log in at usbank.com using your User ID and Password to view your U.S. Bank and U.S. Bancorp Investments accounts from your dashboard.

Not currently enrolled for online access to U.S. Bank or U.S. Bancorp Investments accounts? Get started by visiting usbank.com and clicking “Enroll Now.”

How do I download the U.S. Bancorp Investments mobile app?

The mobile app is available for both iPhones and Android phones. To download the app, go to the App Store or Google Play and search for U.S. Bancorp Investments. Select the “Mobile Brokerage” app.

How can I transfer my brokerage account from another firm to U.S. Bancorp Investments?

Online: Log into usbank.com, go to My Accounts, then Investment Accounts, then Transfers. Choose Asset Transfers from the dropdown and fill out the online form.

Phone: 800.888.4700, 24 hours a day, 7 days a week. You'll be asked to fill out a form and return it to us.

What can I do if I have investment questions or need additional guidance?

U.S. Bancorp Investments offers you a wide variety of investment tools, financial calculators, and educational material to help you determine if you’re on track to meet your investment objectives. Stay up to date and informed on financial markets with real-time market news, snapshots, and quotes on your current and prospective holdings in your portfolio. You may also receive assistance by calling the Wealth Management Advisory and Service Center at 800.888.4700, 24 hours a day, 7 days a week.