What is your firm's ACAT fee?
Eleventy Kabillion dollars.
I just saw something on this, it looks like the wirehouses run $75 to $95 on outgoing ACATs.
What did you see about it? Raymond James is charging $100 both cash and retirement accounts.
[quote=skeedaddy2]What did you see about it? Raymond James is charging $100 both cash and retirement accounts. [/quote]
The info I saw was just the big 5; Wachovia, ML, MS, SB and UBS.
skee-didn’t you go back to a wirehouse? How’s the transition going?
Thanks for asking, things have gone better than expected. Actually had
a chance to get away before the end of summer. I don’t spend as much
time on the forum.
I couldn’t remember what ACAT fees were a few years ago, but I thought $100 per account to be a little abusive.
On acats out I impose my own surcharge.
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