First State Fees

Motivated by your success. Fees are based upon assets under management, which aligns our compensation with the success of your account. This provides an excellent incentive for our portfolio management team and research department to focus their efforts on those securities that maximize your returns while limiting the risk of your hard-earned capital. Our annual investment management fees are 1 to 1.5% of equity assets and .25% for fixed income and mutual fund securities. They are calculated and billed on a semi-annual basis.

The minimum investment for establishment and maintenance of an investment advisory account is $50,000. However, depending on your financial situation and the type of account you are considering, we are willing to make exceptions to this rule.

You can select any broker of your choice and negotiate commissions with that broker. If you select First State Securities, Inc. you will incur a flat charge of $8 per equity ticket. Southwest Securities, Inc. is the clearing broker for these accounts and also charges a $3.00 postage fee.