Additional Charges
Orders executed in multiple lots on the same trading day will be charged a single commission. When an order is partially executed over multiple trading days, the order is subject to a separate commission charge for each trading day.
COMMISSION CHARGES:
| Annual Custodial Fee | $60.00 |
| Partial Termination | $35.00 per asset or position |
| Client Distribution via ACH (Monthly or Quarterly) | $10.00 each |
| Client Distribution via Check | Not applicable at this time |
| Client Distribution via Wire | $65 per occurrence |
| Federal or State Withholding | $15 per occurrence |
| International Delivery | At cost |
| Returned Wire | $30.00 |
| IRA Transfer Fee / Termination | $85.00 |
| Miscellaneous Fees / Charges | |
| Trade Processing Fee | $0.35 per customer trade – charged to customer |
| Blue Sheets | $125.00 per Request |
| New Account Verification (not currently provided) | $0.00 |
| Legal Review | $300 per item for internal review—external review at cost |
| Reorg Items and Tenders | $25.00 per item per account |
| Taxpayer ID Penalties | At cost |
| Employee Stock Option Plan (ESOP) | $60.00 per ESOP Transaction |
| Prepays on Customer Trades | $30.00 plus Interest to Settlement Date |
| Electronic Statements or Confirmations | Free |
| Paper Statements | $3.00 per month per account which requires paper statements to be mailed domestically. $6.00 per month per account which requires paper statements to be mailed internationally.(electronic delivery of Statements – Free) |
| Paper Confirmations | $3.00 per confirm per account which requires paper confirmations to be mailed domestically. $5.00 per confirm per account which requires paper confirmations to be mailed internationally. (electronic delivery of confirms — Free) |
| Research & Statement Copies | Correspondent will be provided copies of all statements and confirms in electronic, PDF format, either via WORM disk or secure file transfer. If correspondent requires reproduction or research unrelated to the service of AMID $125.00 per hour with a minimum of one hour. |
| Statement and Confirmation CD Copy | $60.00 monthly |
| Prospectus Delivery (Paper) | $3.00 each |
| Prospectus Delivery (Electronic) | Free |
| Inactive Account Fee | No fee at this time |
| Overnight Delivery Fee | $35.00 |
| International Delivery Fee | At cost |
| ADR conversions | $35.00 plus all fees and expenses |
| Physical Gold Custody Fees | Total Investment below $40,000.00 – 0.25% |
| Total Investment at or above $40,000.00 – 0.20% | |
| Systematic Change of Branch or Registered Rep. | $60.00 per request |
| (Optional) Web Site Installation | $600.00 plus out-of-pocket expenses |
| Taxpayer ID Penalties | At cost |
| Special FIX based connection | $850.00 per month |
| Cash Movement Fees | |
| Check Writing | Not applicable at this time |
| Check Re-order Fee | Not applicable at this time |
| Stop Payment | $60.00 |
| Returned Check | Not applicable at this time |
| Copy of Checks | Not applicable at this time |
| Outbound Domestic Wire | $45.00 |
| Outbound Foreign Wire | $65.00 |
| Returned Wire | $10.00 |
| ACH for Payment of Account Distributions | $15.00 |
| Returned ACH | $20.00 |
| Dividend Checks | $5.00 plus postage each |
| Check Distributions | Not applicable at this time |
| Depository Charges | |
| DTC Delivery Free | $60 per item |
| DTC Receive | Free — Generally no legal review will be required and Ascendiant will not be subject to legal review fee for DTC receives except in extenuating circumstances. |
| ACAT (Outbound) Fee | Not applicable at this time |
| Partial ACAT Fee | Not applicable at this time |
| Legal Item Review of Deposited Items | $300 per item |
| Safekeeping Fee | $70 charge per quarter per item |
| Deposit / Withdrawal at Custodian (DWAC) – Electronic transfer of shares via DTC and transfer agent* | $300.00 plus fees. This includes transfer and ship of a certificate, a free DTC delivery of a security and transfer of a security using the DWAC and DRS system. |
| Direct Registration (DRS) – Shares held in book entry form at the transfer agent | $300.00 plus fees |
| Statement (Physical Certificate Alternative) | $35.00 |
| Physical Certificate / Transfer and Ship (If non DRS eligible) | $600.00 (currently not supported) |
| Transfer and Ship (DRS eligible) | $300.00 plus any additional fees and associated postage charges |
| Physical Certificate Deposit | $600.00 plus any additional fees and associated postage charges |
| Physical Certificate Deposit (restricted) | $850.00 plus legal review and any additional fees and associated postage charges |
| Non-Transferable Security Holding Fee (if there is no transfer agent for the security) | $35.00 per month per CUSIP per Account |
| Registration for DTC Eligibility | $7,000.00 per Item plus DTC fees and associated postage charges |
| Rights & Warrants held in AMID Accounts | All Fees passed through |
| Stock Certificate Re-registration / Transfer | $85.00 plus transfer agent fees |
| Reorg Fees | |
| Voluntary Corporate Action Fee | $20.00 |
| Mandatory Corporate Action Fee | $10.00 |
| Stock Dividend Fee | $15.00 |
| Cash Dividend Fee | $1.00 |
| Corporate/Muni Bond Call (partial or full) Fee | $32.00 |
| Bond Maturity Fee | $28.00 |
| Stock Mandatory Redemption Fee (position exited out of DTC) | $48.00 |
| Warrant Servicing Fee | $62.00 per CUSIP |
| Option Exercise Fee | $10.00 |
| Other | |
| Trade and Margin Extensions (Regulation T) | $35.00 per request plus interest from settlement date until paid |
| OFAC / AML | $10.00 per inquiry |
| Systematic Change of Branch or Registered Representative | $75.00 per request |
| Annual Custody / Valuation Fee – Alternative Investments | $40.00 |
| Alternative Investment Processing Fees | Varies upon request – $60.00 billed by AMID for processing fees and any overnight delivery fees, plus transfer agent fees |
| Return of Restricted Certificates Priced at $1 or Less | $35.00 each |
| Illiquidity Fees | AMID will charge Correspondent interest at 10% annually, for the period of illiquid charges, generally from trade to settlement date. The interest charge will be the higher of the interest amount or $35.00 per CUSIP that incurs an illiquid charge. |
| Trading | |
| Errors (Cancel & Rebill) Mutual Fund Transactions* | $20.00 per error |
| Errors (Cancel & Rebill)* | $3.00 per item caused by Correspondent plus original fees |
| As of Trades | $15.00 per trade |
| Unauthorized Short Sales | $250.00 per event |