Broker Check

Transaction Fees & Commission Schedule

for Clients of 

Trumbower Financial Advisors, LLC

Through

Fidelity Institutional Wealth Services (Fidelity IWS)


Mutual Funds

No Transaction Fee (“NTF”) Funds1

$0

Transaction Fee (“TF”) Funds

$302


Equities and Exchange Traded Funds (“ETFs”)
Transaction fee                                              $0.003/trade up to 10,000 shares.  $0.01/share thereafter.  


Fixed Income
Includes municipal bonds, corporate bonds, CDs, US Treasury and related securities, MBS and structured notes.  Government auction orders (notes and bonds) are subject to a $50 trading fee.

Cross Transaction Fee                                                                   $30
Trade Away Fee4                                                                            $0
Auction Rate Securities                                                                 $50

Options
Transaction Fee                                                       $0.00/trade + $0.65 per contract


Other Fees

Wire Fee (submitted electronically by TFA)

$155

Foreign Security Transfer Fee

$100

Account Termination

$75 (non-IRA) and $125 (IRA)

Check Reorders

Mutual Fund Short-Term Trading Fee6

$6

0.50% of the principal amount of transaction. 
Max Fee - $200. Minimum Fee - $30.


Margin Borrowing                                            FABLR7 + an additional percentage based on sliding scale determined by total amount borrowed.  

Services Provided at No Cost
Custodial                                         Electronic Funds Transfers (“EFTs”)                                     Dividend postings


The fees and commissions described above have been negotiated on behalf of our clients.  TFA does not receive any remuneration of any nature, including “soft dollars,” from Fidelity or any other custodian, product sponsor or financial institution.

1Includes Fidelity Retail funds/Advisor funds/Money Market funds and Non-Fidelity funds that participate in NTF program.
2 An additional $20 fee will apply on purchase transactions for certain low expense share classes where the mutual fund company does not compensate Fidelity for inclusion on their trading platform
3 $4.95/trade for household accounts under $1MM that are not enrolled in eDelivery.
4 Applies to securities purchased from brokers outside of Fidelity.
5 $30 if processed manually by Fidelity.
6 Applicable to NTF funds held less than 60 days.
7 The Fidelity Advisor Base Lending Rate (FABLR) is set at Fidelity’s discretion with references to commercially recognized interest rates, industry conditions regarding the extension of margin credit and general credit conditions.