Most banks and brokerage firms permit customers to pay the custodial fee
separately rather than have it deducted from the account.
Many funds also charge a yearly custodial fee
to cover the administrative costs of handling an individual retirement account.
Also, customers eligible for the Bank of America relationship pricing discount will have their semi-annual BAI account maintenance fee and, if applicable, annual BAI IRA custodial fee
The technological integration between BenefitStreet and Reliance will help plans enjoy extremely competitive recordkeeping and custodial fee
ESP's ability to combine multiple trading venues in same name trades at different destinations into a consolidated counterparty ticket will result in custodial fee
savings for asset managers," said Manny Santayana, Managing Director and Head of Credit Suisse's AES Sales Group.
A $10 custodial fee
on IRA (including SEP-IRA) accounts with a balance below $5,000.
STC had a compensation arrangement with the hedge funds that included a custodial fee
as large as 1% (STC charged most of its TPA clients a custodial fee
of just .
Generally, the monthly custodial fee
is covered by employers.
The annual fee waiver applies to custodial fee
9 /PRNewswire/ -- The Vanguard Group of Investment Companies will no longer assess an annual $10 custodial fee
for IRA portfolio accounts with assets of $5,000 or more, effective Jan.
Callahan calculates the average management and custodial fee
savings for Meridian private accounts will be about 20%, or $650 to $700 on a $100,000 investment in Meridian's Sector Allocation or Frontier Allocation portfolios.
PSI) is extending its Lifetime No Annual Custodial Fee
IRA Program from the original June 30 deadline to September 30, 1996.