What is your firm's ACAT fee?

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Sep 19, 2006 6:58 am
Sep 19, 2006 9:27 am

Eleventy Kabillion dollars.

Sep 19, 2006 9:42 am

I just saw something on this, it looks like the wirehouses run $75 to $95 on outgoing ACATs.

Sep 19, 2006 11:14 am

What did you see about it?  Raymond James is charging $100 both cash and retirement accounts. 

Sep 19, 2006 11:18 am
skeedaddy2:

What did you see about it?  Raymond James is charging $100 both cash and retirement accounts. 



The info I saw was just the big 5; Wachovia, ML, MS, SB and UBS.

Sep 19, 2006 11:30 am

skee-didn't you go back to a wirehouse? How's the transition going?

Sep 19, 2006 2:01 pm

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.

Sep 19, 2006 3:21 pm

On acats out I impose my own surcharge.