*Checks in the amount of $250,000 or more for transfers or payments will be sent via overnight delivery and the account.
BROKERAGE ACCOUNTS
CloseLearn more about our retail brokerage fees
How much you pay for your brokerage account can vary depending on what types of investments you choose and whether or not you work with a Wealth Management Advisor. Some fees may not apply for managed accounts, Investment Solutions IRA, TIAA IRA, and pension window. The full terms and conditions are available in the TIAA Brokerage Customer Account Agreement.
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ONLINE*Fees shown reflect stock prices greater than $1 per share. Orders to buy shares priced under $1, restricted shares, foreign securities, privately held securities, shares with no
Market or no bid/ask will not be accepted.
*Orders to sell shares priced under $1 are handled via Client Service Assistance at the online commission rate above, based on eligibility.Equity trades – $7.95 per trade
$5.95 per trade for customers that receive a financial planning solution from their Wealth Management advisor.AUTOMATED TELEPHONE SYSTEM (ATS) $35 CLIENT SERVICE ASSISTANCE
800 927-3059$55 FOREIGN SECURITIES $75 for each order (not applicable to American Depositary Receipts) + commission FINANCIAL TRANSACTION TAX (FTT) ORDINARY AND ADR All opening transactions in designated French companies will be subject to the French FTT at a rate of 0.30% of the total transaction cost.
All opening transactions in FTT-eligible Italian companies will be subject to the Italian FTT at a rate between 0.10% - 0.20% of the total transaction cost.ADR AGENT SERVICING FEE Fee will generally range from $0.01 - $0.03 per share. Amounts will differ by ADR. Please refer to the ADR prospectus for specific fee and other information.
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NO TRANSACTION FEE (NTF) FUNDS Minimum initial investment for mutual funds: The greater of either the listed amount in the fund’s prospectus or $500. Additional investments typically based on amount listed in the fund’s prospectus, generally $100. Purchases placed below the stated minimum amount will be charged the appropriate transaction fee. Different minimums may apply for managed accounts.Short term redemption fee: $50 minimum for shares held less than six months (waived for shares transferred from another brokerage firm or financial institution). Additional redemption fees may apply as set forth in each fund’s prospectus.Dollar cost averaging transactions, no fee; minimum transaction $100.TRANSACTION FEE (TF) FUNDS Transaction fee, regardless of order size:- $50 per trade
- $35 per trade for customers that receive a financial planning solution from their Wealth Management advisor.
Minimum initial investment for mutual funds: The greater of either the listed amount in the fund’s prospectus or $500. Additional investments typically based on amount listed in the fund’s prospectus, generally $100. Purchases placed below the stated minimum amount will be charged the appropriate transaction fee. Different minimums may apply for managed accounts.Dollar cost averaging transactions, no fee; minimum transaction $100.Exchanges: $8 per trade regardless of order size.
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U.S. TREASURY SECURITIES NEW ISSUES (Primary, AT AUCTION) $50 per transaction EXISTING ISSUES (secondary, already trading) $1 per $1,000 face amount ($50 minimum) MUNICIPAL BONDS, GOVERNMENT AGENCY BONDS, UNLISTED (OVER-THE-COUNTER, OR OTC) CORPORATE BONDS AND MORTGAGE-BACKED SECURITIES $50 + $2 per bond CERTIFICATES OF DEPOSIT NEW ISSUES Purchase minimums of $5,000, no commission (interest rate reflects issuing bank's fee)
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ONLINE $7.95 + $2 per contract based on eligibility
$5.95 + $1.00 per contract for clients that receive a financial planning solution from their Wealth Management advisor.AUTOMATED TELEPHONE $35 + $2 per contract PERSON $55 + $2.50 per contract OPTIONS EXERCISE / ASSIGNMENT FEE $25
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FOREIGN SECURITIES $75 for each order (not applicable to American Depositary Receipts) + commission FOREIGN SECURITY RECEIVE AND DELIVERY $75 SAFEKEEPING FEE FOR PHYSICAL SECURITIES $2 per account, per position, per month OUTGOING WIRED FUNDS FEE $25 OVERNIGHT CHECK DELIVERY $12 SaturDAY dELIVERY - oVERNIGHT CHECK DELIVERY FEE $18 iNTERNATIONAL OVERNIGHT CHECK DELIVERY FEE $28 NSF/RETURN CHECK DEPOSIT $25 MARGIN EXTENSION $15 TRANSFERS - GNMA, RESTRICTED, LEGAL* $65 (per transfer) TRANSFERS – REGISTER AND SHIP* $80 (per transfer, plus any third-party charges, including a DTCC charge of $500) TRANSFERS – OUTGOING FULL ACCOUNT* $50 TRANSFERS – ACCOMMODATION* $80 (per transfer) tRANSFERS OF GIFTED SECURITIES OR CHECKS MAILED REGULAR DELIVERY* No charge REORGANIZATIONS - VOLUNTARY $25 POST EFFECTIVE REORGANIZATION REQUESTS - VOLUNTARY $75 ACCOUNT RESEARCH $20 per hour STOP PAYMENT order fee $15 IRA TERMINATION fee $130 ACH RETURN fee $25 -
- Terms & Conditions: TIAA Brokerage Customer Account Agreement (Retail)
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ANNUAL FEE*Silver Tier annual fee is waived for accounts that have $25K or more in average month-end closing cash sweep balances.Silver Tier$25*Gold Tier$65Platinum Tier$110
INITIAL CHECK ORDER (INCLUDES CHECKBOOK, REGISTER, DEPOSIT TICKETS AND 40 CHECKS) Silver TierFreeGold TierFreePlatinum TierFreeCHECK REORDER (INCLUDES CHECK REGISTER, DEPOSIT TICKETS AND 100 CHECKS) Silver Tier$15Gold Tier$10Platinum TierFreeBUSINESS STYLE CHECKS – INITIAL ORDER, INCLUDES BINDER Silver Tier$60Gold Tier$60Platinum Tier$60BUSINESS STYLE CHECK REORDER Silver Tier$50Gold Tier$50Platinum Tier$50STOP PAYMENTS (ON CHECKS) Silver Tier$25Gold Tier$25Platinum TierFreeLOST OR STOLEN CHECKBOOK REPLACEMENT Silver Tier$25Gold Tier$25Platinum Tier$25RETURNED CHECK OR AUTOMATED CLEARING HOUSE (ACH) TRANSACTION Silver Tier$25Gold Tier$25Platinum Tier$25COPY OF CANCELLED CHECK OR VISA DRAFT Silver Tier$2.50 per copyGold Tier$2.50 per copyPlatinum Tier$2.50 per copyCSA CHECKS OR DEBIT CARD – OVERNIGHT DELIVERY Silver Tier$20Gold Tier$20Platinum Tier$20CASH ADVANCE (NON-ATM) Silver TierN/AGold Tier.25% of transaction($2.50 minimum)Platinum Tier.25% of transaction
($2.50 minimum)BILL PAYMENT THROUGH BILLSUITE Silver TierFreeGold TierFreePlatinum TierFreeForeign Transaction FeeN/A 1% of transaction 1% of transaction ATM FEES Silver Tier Gold Tier Platinum Tier ATM in‐network withdrawal feeVisa® or Plus®N/A None None ATM out‐of‐network fee N/A None None Atm out-of-network surcharge fee*(charged by atm owner)*Surcharge may be imposed for ATM usage including transactions and balance inquiries.N/A Various Various