WellsTrade® Commissions and Fees
Competitive and clear pricing for your Wells Fargo Advisor’s online investment accounts
Competitive and clear pricing for your Wells Fargo Advisor’s online investment accounts
|Household Annual Fee2
IRA Custodial Fee2
(for IRA only households)
$30 per household
You can avoid this fee with one of the following as of June 30 each year for all accounts in your WellsTrade household:
Fee will be charged in September of each year.
1 Each trade order will be treated as a separate transaction subject to commission. An order that executes over multiple trading days may be subject to additional commission. One commission will be assessed for multiple trades, entered separately, that execute on the same day, on the same side of the market
2 $30 per WellsTrade household. A WellsTrade household is comprised solely of WellsTrade accounts with the same ownership or address. Households comprised solely of one or more WellsTrade IRA accounts are subject to a $30 IRA Custodial Fee in lieu of the $30 Household Annual Fee.
If a Household Annual fee is due, the highest-value account in the client’s household that is eligible to be charged a fee will be debited in September of each year. IRA accounts will be charged only if there are no eligible non-IRA accounts in the household. If an IRA Custodial Fee is due, clients will receive a remittance notice with several payment options. If a payment option is not selected, the fee will be automatically deducted from the IRA in September of each year. Note: In the event that an annual fee results in a debit balance in the account, Wells Fargo Advisors may liquidate securities in the account to satisfy the debit, without prior notification to the client.
3 All accounts must be enrolled in electronic delivery to receive the following documents online only, including statements, trade confirmations, other documents, and shareholder communications, excluding tax documents/1099s. Please note that if a client elects to turn off paper delivery of these documents, they will receive these documents only via Access Online.
4 Refer to the Wells Fargo Bank Consumer Account Fee and Information Schedule for further information about the Prime Checking and Premier Checking account and applicable bank fees. For The Private Bank Interest Checking account and applicable bank fees, refer to both the Wells Fargo Consumer Account Fee and Information Schedule and The Private Bank Consumer Deposit Products Disclosure. The Prime Checking account has a $25 monthly service fee. The fee can be avoided each fee period with $20,000 or more in statement-ending qualifying linked balances. The Premier Checking account has a $35 monthly service fee. The fee can be avoided each fee period with $250,000 or more in statement-ending qualifying linked balances. The statement-ending qualifying balances for each of these account types include linked (a) bank deposit account balances (checking, savings, time accounts (CDs), FDIC-insured IRAs) and (b) investment account balances (brokerage available through our brokerage affiliate Wells Fargo Advisors, applicable bank fiduciary and custody accounts, annuities, and eligible foreign exchange transactions). For more information, call Wells Fargo Bank, N.A. at 1-866-245-3452. Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.
Wells Fargo Advisors:
• Brokerage products and services are offered through Wells Fargo Advisors. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company.
• Certain brokerage accounts are not available.
Insurance and annuities:
• Products are offered through non-bank insurance agency affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies.
• If the annuity becomes annuitized, or a periodic payment schedule has been established, the remaining balance will no longer be eligible for qualification.
5 Your total household value includes all assets listed in your WellsTrade account statements, except for those shown under the “Other Assets/Liabilities” section. The grouping of accounts into a household is based on account eligibility and family relationships such as children, parents, domestic partners, and others. Certain accounts cannot be included in a household. Please call us at 1-800-TRADERS for more information and to determine whether all eligible accounts have been included in your household. It is your responsibility to ensure that all eligible accounts are included in your household.
6 In accordance with the Wells Fargo Advisors Fraud Program, Wells Fargo Advisors must provide, without charge and within 30 days of the request, a copy of any client statements or transaction records to clients who have been a victim of identity theft."
7 Outgoing account transfer fees will display as “Termination Fee” on client statement.
8 Termination Fee applies to full distribution of Traditional, Roth, SEP, and SIMPLE IRAs; fee is waived for clients over age 70½ or accounts terminated due to death or disability.
9 Some foreign governments impose a fee on purchases and sales of securities of companies incorporated in their countries. The Foreign Financial Transaction Fee corresponds to the amount of the tax, as set forth under applicable foreign tax laws. It is generally a percentage or scheduled amount based on the aggregate purchase price of the securities subject to the tax. If this fee is charged, the amount will be displayed on the trade confirmation. More specific information about the fee and how it is assessed can be found at wellsfargoadvisors.com/disclosures/foreign-financial-transaction.htm.
10 The Securities and Exchange Commission (SEC) charges us a fee (Section 31 Fee) on all sales of securities and securities futures transactions with the exception of index options that deliver cash. Wells Fargo Advisors passes these fees through to you and the fees will be displayed on the trade confirmation. The SEC sets the Section 31 Fee rate as a dollar amount per $1 million of securities traded. The SEC periodically announces changes to the rate of the Section 31 Fee in a press release titled "Fee Rate Advisory" for the particular fiscal year. More information on the Section 31 Fee can be found in the Press Releases section of the SEC website.
11 The Option Regulatory Fee (ORF) is a pass-through exchange fee collected by the OCC on behalf of the U.S. option exchanges. The ORF is assessed to customer orders per the U.S. exchange listed option contract and is assessed on all trades, both buys and sells.
12 Overnight deliveries of checks are subject to an additional convenience charge. If Overnight Delivery of checks is requested, a charge of $15 will be charged in addition to any other charges/fees that may apply.
13 A prepayment is a payout (ACH, Checks and Federal Funds Wires) using funds from the proceeds of an unsettled sale of securities. These should be limited to time-sensitive requests only. The unsettled trade prepay fee will be a minimum of $10 for amounts up to $50,000 and an additional $10 for each $50,000 distributed.
14 Agents for foreign securities may impose a fee for custodial services rendered. If this fee is imposed, it will be passed to the client.
15 Deposit/Withdrawal at Custodian is the process of transferring shares between broker-dealer and the security issuer’s transfer agent. This fee applies only to transactions delivering shares from Wells Fargo Advisors to the custodian.
16 Fee applies to any asset for which Wells Fargo Advisors/First Clearing does not hold a selling agreement but has met the requirements to be displayed on the client statement. Applies to outside investments displayed on both standard brokerage and IRA statements.
17 WFA files IRS Form 990-T (Exempt Organization Business Income Tax Return) on behalf of custodial retirement accounts with Unrelated Business Taxable Income (UBTI).
18 All restricted stock, regardless of whether it is eligible to be held in street name, is subject to the Safekeeping fee. The fee also applies to unrestricted stock eligible to be held in street name.
Commissions and fees are subject to change without notice
Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells Fargo & Company, provides investment advisory and administrative services for Wells Fargo Managed Account Services and Wells Fargo Funds. Other affiliates of Wells Fargo & Company provide sub-advisory and other services for the funds. The funds are distributed by Wells Fargo Funds Distributor, LLC, an affiliate of Wells Fargo & Company.
Deposit products offered by Wells Fargo Bank, N.A. Member FDIC.