Account Fees

IRA Accounts

Cash Management Services Fees 

*The Account Service Fee applies to select accounts in households totaling less than $50,000.00 in assets held at NMIS. Accounts exempt from this fee include: NMIS Gateway Platinum, IRA's, Qualified Plan Accounts, and accounts that contain certain single fund solutions. For more information regarding the Account Service Fee, please contact your NMIS registered representative.

**The annual fee for IRA accounts and Coverdell ESAs is waived if a single account, or a combined household, holds $250,000 or more in assets held in street name or network level 3 at NMIS. In addition, the IRA fee is waived for Signature Advisory IRA accounts. Contact your NMIS registered representative for details.

***One free IRA account when householded to a NMIS Gateway Platinum account.

****Effective January 1, 2005 NMIS reserves the right to assess a late payment fee, with a minimum of $10.00, for any trade paid for past Reg-T date. The charge will be calculated at the current margin interest rate beginning on settlement date. Late payment fees will be subject to a $10.00 minimum such that any fee calculated to equal $1.00-10.00 may be charged a flat $10.00. Amounts less than $1.00 may be waived. The interest period for late payments is the 16th of the month through the 15th of the next month. Charges are posted to the client's cash account on the same day margin interest is posted (second last business day of the month). IRA accounts, DVP accounts, and accounts with a margin balance are not subject to the late payment fee. Other accounts that accrue small interest amounts and/or that have no prior history of late payment, etc., may be waived by NMIS at NMIS's discretion.

Physical Security Deposits & Transfers

Resource Checking (New Accounts Available Only for IRA Account Holders Over 59½)

Pro Cash Plus Checking (Available in non-IRA accounts only)

NMIS Gateway Platinum (Not Available for IRA and Signature Advisory Accounts)

*Annual Gateway Platinum fee is waived if the account holds $250,000 or more, or if your combined household holds $250,000 or more in assets held in street name or network level 3 held at NMIS. Accounts must be householded prior to fee invoicing. Contact your NMIS registered financial representative for details. If the household contains an IRA, one IRA annual fee is waived. Other charges from outside vendors may apply (e.g., ATM or transfer agent fees).

¹Legal deposits are certificates that require legal documents (death certificate, corporate resolution, etc.) to render it negotiable.

²Reorganization Fee: The exchange of a physical certificate for another certificate (and/or cash) as part of a company reorganization activity. Applies to customer name certificates only; no fees are assessed for corporate action transactions for securities registered in street name.

ERISA Plan Fees