Low Annual All Inclusive Fee Schedule
Effective January 1, 2007 below is the Equity Trust fee schedule. Annual Fee and Setup Fee must accompany application to establish your account.
| Portfolio Value | Standard Fee |
|---|---|
| $1-14,999 | $190.00 |
| $15,000-24,999 | $260.00 |
| $25,000-49,999 | $300.00 |
| $50,000-99,999 | $360.00 |
| $100,000-199,999 | $440.00 |
| $200,000-299,999 | $600.00 |
| $300,000-399,999 | $640.00 |
| $400,000-499,999 | $920.00 |
| $500,000-599,999 | $1,500.00 |
| $600,000-699,999 | $1,600.00 |
| $700,000-799,999 | $1,700.00 |
| $800,000-899,999 | $1,750.00 |
| $900,000-999,999 | $1,800.00 |
| $1,000,000-OVER | $1,850.00 |
| One Time Set-up Fee | $50.00 |
- No transaction or distribution fees.
- Fee Schedule does not include brokerage commissions.
- Complete termination fee - $200.00
- Partial termination fee - $75.00
- Per asset re-registration fee for all non-traditional assets due to partial or complete account termination - $100.00.
- The above fees are effective from January to January of any given calendar year, and are subject to change.
- IRA maintenance fees are not prorated.
- All fees are taken from your account on the day an investment is processed unless you pre-pay the fees. Fees cannot be reimbursed.
Account Descriptions
Minor Accounts
There are special maintenance fees that apply to Equity Trust accounts opened on behalf of children and teenagers under the age of 18. When a minor opens an Equity Trust account valued at $10,000 or less, the one time set-up fee of $50 is assessed along with a $190 maintenance fee that covers regular account servicing for three years. Following the first 3-year period, $190 will continue to be assessed for each subsequent 3-year period until the child reaches age 18 or the account exceeds $10,000. Once the child is 18 or the account exceeds $10,000, the account reverts back to the regular maintenance fee schedule and is billed annually.
Family Plan
The Family Plan allows a minimum of 4 members of the same family to open Equity Trust accounts on the same day with only one $50 set-up fee. For instance, a father, daughter, grandfather, and uncle of the same family can open 4 Equity Trust self-directed IRAs for only $50. Regularly, those family members would pay $200 in set-up fees, but with the Family Plan they only pay $50. All required documents need to be submitted at the same time. The following relationships qualify as family members: father, mother, son, daughter, grandparents, grandchildren, cousins, aunts/uncles, brother, sister, step-brother/sister, step-father/mother, step-grandparents, and in-law family members. Family members second removed do not qualify, such as second cousins or second aunts/uncles.
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