Brokerage fees
Two easy ways to invest
Self-directed brokerage clients have two investing options:
Trades placed online1
- Stocks, exchange-traded funds (ETF)2 and closed-end funds: $4.95 per trade
- 100 free online stock or ETF trades per year3 with a U.S. Bancorp Investments Self-Directed Brokerage Account enrolled in paperless document delivery and a U.S. Bank Platinum® Checking Package or U.S. Bank Gold® Checking Package4 – Checking accounts offered by our affiliate U.S. Bank
- Options: $4.95 per trade plus $1 per contract
- Mutual funds:
- No load, no transaction fee funds5: $0
- No load, transaction fee funds: $25 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
- Same commission rate listed under the trades placed online section, plus $25 for Brokerage Service Associate assistance
Additional fees
|
Fee type |
Fee cost |
|---|---|
|
Cash and stock extensions |
$15 per occurrence |
|
Wire transfers |
$30 per transfer domestic |
|
Returned checks |
$25 per occurrence |
|
Annual account fee6 |
$50 per account |
|
Annual IRA fee6 |
$50 per account |
|
Certificate re-registration7 |
$45 minimum per issue |
|
Certificate deposit/withdrawal |
$45 per issue |
|
Account transfers and IRA closeout fee |
$95 per account |
|
Electronic transfer return fee |
$25 per occurrence |
|
Overnight check |
$15 per occurrence |
|
Non-sufficient funds |
$25 per occurrence |
|
Stop payment |
$25 per occurrence |
|
Ticket charge |
$5 per transaction |
Corporate & municipal bonds
Transactions in Corporate and Municipal securities will be transacted on a principal basis and include a fair market mark-up or mark-down, which will be reflected in the execution price of the security.
Government securities & agencies
Primary Market U.S. Treasuries purchased directly at Auction $50 per transaction (bills, notes, & bonds).
Secondary market transactions in Government and Agency securities will be transacted on a principal basis and include a fair market mark-up or mark-down, which will be reflected in the execution price of the security.
Foreign securities
A clearing fee of $75 will be added to the underlying base commission (Canadian issues excluded) for any buy or sell transactions.
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.