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The following schedule is intended to provide an overview of account fees and service charges that may be incurred at Robert W. Baird & Co. Incorporated based on the account type or service requested. Pricing information on this page supersedes any prior pricing details and notices you may have received. Baird reserves the right to change a fee upon notice. Other fees may apply. If you have additional questions, please contact your Baird Financial Advisor.
| Schedule of Fees and Service Charges - July 2008 |
| Individual Retirement Account (IRA) Annual Fees |
| Non-Householded IRAs or First IRA Per Household1 |
$40 |
| Each Additional IRA Per Household2 |
$30 |
| Coverdell Education Savings Account |
$25 |
| Retirement Plan Account |
| Profit Sharing or Money Purchase Plans: |
|
| Acceptance/Opening Fee - Main Account |
$50 |
| Acceptance/Opening Fee - Each Additional Participant in Plan |
$5 |
| Profit Sharing or Money Purchase Plans: |
|
| Annual Fee - Main Account |
$100 |
| Annual Fee - Each Additional Participant in Plan |
$10 |
| Super Simplified: Individual 401(k), Profit Sharing, or Money Purchase Plans: |
|
| Annual Fee |
$40 |
| 403(b): Annual Fee |
$40 |
| Valued Investor Plan (VIP) Standard and Gold |
| VIP Gold |
|
| Annual Fee3 |
$100 |
| Business Checks |
$60 (Qty. 252) |
| Duplicate Business Checks |
$90 (Qty. 252) |
| E-Bill Management3 |
$7.50 (Monthly) |
| VIP Standard |
|
| Duplicate Checks |
$11 (Qty. 150) |
| Business Checks |
$60 (Qty. 252) |
| Duplicate Business Checks |
$80 (Qty. 252) |
| Returned Check |
$25 |
| Stop Payment |
$9 |
| Check Copy |
$2 |
| Overnight VIP Checks |
$25 |
| Overnight Debit Card |
$60 |
| Client Service |
| Stop Payment (checks issued by Robert W. Baird & Co.) |
$25 |
| Returned Check |
$25 |
| Overnight Fee |
$20 |
| Late Payment4 |
Margin Interest Rate, subject to $10.00 minimum |
| Prepayment4 |
Margin Interest Rate, subject to $10.00 minimum |
| Account Service: Annual Fee5 |
$100 |
|
|
| Transfer on Death (TOD) Account |
| Account Opening6 |
$75 |
| Change/Revoke Agreement |
$50 |
| Distribution Fee |
$150 + $50 per Beneficiary |
| Wire Transfers |
| Domestic |
$15 |
| International |
$50 |
| Security Transfers |
| Transfer |
$75 |
| Register and Ship |
$75 |
| Rush |
$75 |
| Reorganization7 |
$75 |
| Foreign Securities |
| Deposit |
$100 |
| Withdrawal |
$250 |
| Incoming and Outgoing Account Transfer (ACAT) |
All Agent Fees |
| Stock Dividend |
All Agent Fees |
| Account Transfer/Closing |
| Non-IRA Accounts |
$95 |
| IRA, Coverdell Education Savings Account, Qualified Retirement Plan Account8 |
$95 |
| Lost Certificate Fee |
Bond Premium
(2% of Market Value) Plus Any/All Agent Fees |
|
|
| Precious Metals: Received or Delivered |
All Agent Fees |
|
|
| Treasuries and GNMAs: Transfers or Deposits |
$50 Per Certificate |
|
|
| Private Placements |
| Transaction |
$200 |
| Annual Maintenance |
$200 |
| Trades Done Away From Baird |
$40 |
|
|
| Client Document Research |
$50 Minimum Charge per Account |
- Annual IRA Fees are waived for: 1.) all IRAs in statement households having greater than $250,000 in total assets (Baird & networked), 2.) the first IRA in statement households having between $100,000 and $250,000 in total assets (Baird & networked), 3.) the first IRA in statement households paying the VIP Gold annual fee, 4.) any IRA established as a Managed account or 5.) any IRA established as a Fee in Lieu account (as long as they meet the minimum fee requirements).
- The $30 annual fee for each additional Traditional or Roth IRA will be waived for statement households having between $100,000 and $250,000 in total assets (Baird & networked) provided the account is “fully funded” by December 31 each year ($4,000 in 2005-2007, $5,000 in 2008).
- Statement households maintaining a minimum of $250,000 in total assets (Baird & networked) qualify to enroll one account in the VIP Gold and E-Bill Management service packages at no charge.
- In the event sufficient funds or securities are not received for a trade by Settlement Date or funds are requested prior to Settlement Date of a liquidation, Baird reserves the right to charge interest to the Account in accordance with Baird’s established custom. Interest charges will accrue from Settlement Date for the transaction until full and final payment is made or from the day funds are paid out of the account until Settlement Date of the liquidation. The account will be charged at a rate equal to the broker’s call rate (as published in the Midwest Edition of the Wall Street Journal) +2. This rate is subject to change without notice.
- Applies to select accounts in statement households with less than $100,000 in total assets (Baird & networked) as of the last business day of November. Each eligible account within these households will be charged the annual account service fee in December. Accounts outside of statement households will be considered independent households for the assessment of the fee, subject to the $100,000 minimum in total assets. Account types exempt from the annual account service fee include: Individual Retirement Accounts, Coverdell Education Savings Accounts, 529 College Savings Plans, Health Savings Accounts, Uniform Transfer to Minor Act and Uniform Gift to Minor Act (UTMA/UGMA) accounts, Delivery Versus Payment (DVP) accounts, charitable accounts, Employee Stock Option and Stock Purchase Plan accounts that are part of a negotiated corporate relationship, accounts paying the annual VIP Gold fee, accounts that are part of households which were opened before June 1st of the immediately prior year, accounts that are part of a statement household that paid an average of $150 or more in commission per account over the 18 months immediately prior to the cutoff date, accounts holding only networked annuities, accounts that maintain margin balances, zero balance accounts (within fee eligible households), Baird Associate accounts and accounts within households which opt for electronic delivery of client statements and trade confirmations.
- If more than four beneficiaries, $25.00 for each additional beneficiary (to open a TOD account)
- The physical exchange of one certificate for another as part of a reorganization activity. Applies to customer name certificates only.
- The closing fee is waived for Coverdell Education Savings Accounts that are closed as a result of the assets having been withdrawn according to the account’s intended purpose.
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