Fees & Commissions

These commissions and fees are effective as of July 15, 2018, and are subject to change without notice.

Our Priority Investors with $100,000 or more in American Century Investments® mutual fund assets receive discounted commission prices for equity and mutual fund trades, as well as reduced or waived fees as noted in the fee schedule.

  • Platinum Benefits: $500,000 or more in American Century Investments mutual fund assets
  • Gold Benefits: $250,000 - $499,999 in American Century Investments mutual fund assets
  • Silver Benefits: $100,000 - $249,999 in American Century Investments mutual fund assets
  • Securities
  • Margin Schedule
  • Other Fees

Equities

Equities (Common Stock, Preferred Stock and ETFs) More than $1 Per Share

Equities Under $1 Per Share

  • All equity orders filled over two different business days will be charged separate commissions.
  • All partially filled equity orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.

Mutual Funds1

Mutual Fund Investment Minimums: Initial investment $2,500 or fund minimum if higher. Subsequent investments $1,000. Trades below the minimum will be charged a transaction fee. Please note: If you purchased a fund and paid a transaction fee, a transaction fee will be charged upon its sale even if it becomes a no-transaction-fee fund after your purchase. If you hold no-transaction-fee fund positions along with transaction-fee positions, the no-transaction-fee positions will liquidate first.

Transaction Fee Funds2

No Transaction Fee (NTF) Funds3

Load Funds

 

1 Mutual funds are offered by prospectus only. If you have not received a fund's prospectus, please call 1-888-345-2071. Read the prospectus and carefully consider the fund's objectives, risks, charges and expenses before investing.

2 You may buy shares directly from the fund company without paying transaction fees.

3 A $50 fee for short-term trading (sale of shares held less than six calendar months) applies to all NTF funds, except American Century Investments mutual funds.

Options

Option Orders

  • All option orders filled over two different business days will be charged multiple commissions.
  • All partially filled option orders for which price or quantity are changed and result in multiple trades on the same day will be charged separate commissions.

Bonds

Primary Issue Bonds and CD Purchases4

U.S. Treasury Auction Securities and Secondary Treasuries and Government Obligations

Secondary Market Bonds and CDs

Unit Investment Trusts (UITs): Sell Only, Purchases not Permitted

4 American Century Brokerage may act as principal.

5 $5,000 minimum purchase, or higher depending on the issue.

Precious Metals6

  • Clients: All Clients
  • Transaction Amount: Any
  • Trading Method: With a Representative
  • Commission: 1% of transaction amount (minimum commission $35 per transaction). For transactions over $100,000, we offer discounts

6 Gold, silver and platinum are available to purchase for delivery or storage.

Margin Schedule

Debit Balances and American Century® Brokerage, Base Lending Rate, Plus/Minus

  • 0 - $25,000: 1.9% of Debit Balance
  • $25,001 - $50,000: 1.4% of Debit Balance
  • $50,001 - $75,000: 0.9% of Debit Balance
  • $75,001 - $100,000: 0% of Debit Balance
  • $100,001+: -0.25% of Debit Balance

Important Note: If you have or plan to add the margin feature to your account, it is important to carefully read the Disclosure of Credit Terms section of the Margin Agreement. This information is in the Customer Agreement  booklet.

Fees

Account Fees

Annual Corestone® Account Fee2 (waived for Platinum, Gold and Silver Priority Investors)

Standard CheckWriting Fee2 (waived for Platinum, Gold and Silver Priority Investors)

Standard Semiannual Account Maintenance Fee2 (waived for Corestone, Platinum, Gold and Silver Priority Investors)

Enhanced Cost Basis Fee4 (waived for Corestone, Platinum, Gold and Silver Priority Investors)

Transaction Fees (waived for Platinum, Gold and Silver Priority Investors)

Corestone® Account is a registered trademark of Pershing, LLC. American Century® Brokerage has chosen Pershing for the brokerage platform.

1 The annual IRA custodial fee will be charged in the anniversary month of the account opening and upon account closure.

2 Corestone Annual Account fee and Standard CheckWriting fees will be charged in the account's anniversary month.

3 The semiannual maintenance fee will be charged in April and October. Your American Century Investments mutual fund assets are reviewed on the last business day of March and September to determine if the fee applies to your account.

4 Enhanced Cost Basis can track realized and unrealized gain/loss information on all covered and uncovered shares. Information is displayed on statements and online.

Miscellaneous Fees

Certificate and Transfer Fees

Other Fees

Alternate Investment (Private Placement, Limited Partnership, REIT, etc.)

Foreign Security Fees

5 Call to confirm whether your foreign security is DTC eligible. Even if your foreign security was DTC eligible at the time of purchase, it may become non-DTC eligible without notice.

Investments available through American Century Brokerage are not insured by the Federal Deposit Insurance Corporation, may lose value and are not bank guaranteed. American Century Brokerage is licensed in all 50 states. However, some securities may not be available in all states.

Brokerage Services are provided by American Century Brokerage, a division of American Century Investment Services, Inc., registered broker/dealer, member FINRA, SIPC.