Download Lincoln Financial Securities Corporation (LFS) Brokerage

Commission Schedule – Stocks
Transaction Amount
Commission Rate
$0.01 - $1,000
2.5%
$1,000.01 - $2,000
2% + $5
$2,000.01 - $5,000
1.3% + $19
$5,000.01 - $10,000
1.6% + $4
$10,00.01 - $30,000
1.04% + $59
$30,000.01 - $300,000
.55% + $205
Over $300,000
0.2% + $1,225
Lincoln Financial Securities Corporation (LFS)
Brokerage Commission Schedule
and Trading/Execution Fees
for National Financial Services (NFS) Accounts
Additional Fee based on Share Quantity
Number of Shares
Additional Fee Per Share
0 - 100 shares
$0.03/share + $12
101 - 400 shares
$0.15/share
Over 400 shares:
$0.05/share + $40
Total commission is the commission rate plus the additional fee based on share quantity.
Commission Schedule – Options
Transaction Amount
Commission Rate
Less than $2,500.00
$35 + .019 of Amount
$2,500.00 - $10,000.99
$59 + .01 of Amount
$10,001.00 and Greater
$119 + .004 of Amount
Brokerage Trading/Execution Fees
Execution/Fee Type
Alternative Investment Purchase/
Redemption/Re-Registration
Mutual Fund Transaction Fees1
Cost
$50 per transaction
$15
No Load Mutual Fund Transaction Fee2 $15
Fixed Income Securities Ticket Charge3 $50
Unit Investment Trust (UIT)
$35
Transaction Fees
Additional Fee Information for Options
The maximum charge is $40 per contract on the first two
contracts plus $5 per contract thereafter per transaction.
The minimum charge is $50 per transaction.
Execution/Fee Type
Shipping and Handling
Fees
Cost
$5 Per trade. Fee waived on
Systematic Investments, No
Transaction Fee Funds (NTF),
and Custom Wealth Advantage
Managed Accounts.
Options Exercise and
Assignment
$25
• Mandatory regulatory fees may apply.
• Charges may be reduced or may not apply to certain Custom Wealth Advantage Managed Accounts.
Normally Lincoln Financial Securities waives the transactional fees for mutual fund transactions beyond a service and handling fee and any fund company charges outlined
in the product prospectus. However, we do reserve the right to charge a mutual fund transaction ticket charge. This fee may be charged by the registered representative
or registered investment advisor assigned to your account. Discuss this and all charges with your registered representative or registered investment advisor. In addition, a
$10 Transaction Surcharge is assessed on buys, sells and exchanges roundtrip within those fund families not participating in the Fidelity Partner Program. Check with your
representative for a current list of funds.
1
2
Excludes accounts qualifying for No-Load Mutual Fund transaction charge waivers.
3
LFN may act as principal. Therefore securities may be subject to a mark-up or mark-down rather than to a commission charge.
Custom Wealth Advantage Trading Charges
Security (Buy and Sell)
Fee
Listed Equities
$15 for first 1,000 shares
$0.01 per additional share
Over-the-Counter (OTC)
$15
Equities
Options
$25 +$1.50/contract
UIT
$25
Bonds
Fee
Corporate, Municipal,
Government National
Mortgage Association
(GNMA), Treasury,
Government Agencies &
other Government Bonds
$40
The Brokerage Trading/Execution Fees listed above will apply for Mutual Funds unless otherwise specified.
In lieu of charges on individual transactions, certain CWA investment programs will assess a flat or asset-based custody and execution charges that are bundled into the total
program fee. The total program fee is found on the Statement of Investment Selection when opening your account.
Lincoln Financial Securities reserves the right to amend this Fee and Commission Schedule, in its sole discretion, upon written notice to the Account Holder. The Account Holder
will be deemed to have consented to the changes if the Account Holder continues to maintain the account(s) and/or request any of the services referenced herein.
Lincoln Financial Securities is the marketing name for the retail sales and financial planning affiliates, Lincoln Financial Securities Corporation and Lincoln
Financial Advisors Corporation, both dually registered broker-dealer and investment adviser entities.
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Brokerage Service Charges
Brokerage Service
Inactive Brokerage Account Fee
Brokerage Access with Debit Card Account
Brokerage Portfolio Gold Checking Account
Maintenance Fee
Brokerage Portfolio Platinum Checking
Account Maintenance Fee
Retirement Account Annual Maintenance Fee
Retirement Account Termination Fee
Transfer of Assets Delivery for NonRetirement Accounts (to Another Firm)
Alternative Investment Annual Custody and
Valuation Fees
Additional Orders of Checks for Brokerage
Access and Retirement Accounts with
Checkwriting
Fed Wire Transfer Fee
Overnight Checks
Returned Check (Outgoing Requests)
Stop Payment (Outgoing Check Requests)
Cash Debit Balance Interest Charge
Legal Transfer of Stock Certificate
Legal Return of Stock Certificate
Physical Certificates: Securities
Safekeeping Fee
Physical Reorganization
Direct Registration of Securities (DRS)
Transfer and Ship
DRS Eligible
Non DRS Eligible
Duplicate Statement /Trading Confirmations
Cost
$35
$50
$100
When is the fee charged?
Debited annually. Certain activity or account types may
not be subject to the fee.
Debited annually.
Debited annually.
$150
Debited annually.
$35
$95
$75
Debited annually.
Debited at the time of termination or full transfer out.
Debited at time of full transfer out.
$75
Debited annually per position.
$5 per reorder
Debited from account at time of check reorder
$15 per occurrence
$12 to $24 per
occurrence
$25 per occurrence
$15 per occurrence
NFBLR + 3.00%
Client charged at occurrence.
Client charged at occurrence. Fee contingent upon
timing of delivery and shipping carrier.
Client charged at occurrence.
Client charged at occurrence.
Debited Monthly. The National Financial Base Lending
Rate (NFBLR) is set at the discretion of NFS and can
change without notice.
Client charged at occurrence.
Client charged at occurrence.
Client charged at occurrence.
$90 per occurrence
$75 per occurrence
$15 per certificate/
monthly
$50 per occurrence
$25 per occurrence
$250 per occurrence
$10
Client charged at occurrence.
Client charged at occurrence.
Client charged at occurrence.
Client charged per statement or confirmation request.
Charges may be reduced or may not apply to certain Registered Investment Advisor Managed Accounts.
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