Customers Rating: 
Raymond James Advisory Fee
As compensation for its full-service account management, Raymond James annual fee schedule is very
steep:
| Account Balance | Raymond James Annual Fee |
|---|
| First $500,000 | 2.25% |
| Next half million | 1.75% |
| Next $4,000,000 | 1.25% |
| Balances over $5,000,000 | 1.00% |
Raymond James Commissions
In addition to the percentage that the broker deducts, there are also commissions for trades (Raymond James calls them "processing fees", although they are commissions). Stocks, ETF's, REIT's, and UIT's are $9.95 on both the buy and sell sides. This charge is also applied to OTC and preferred stocks. Bonds, certificates of deposit, option contracts, and mutual funds cost $30 per transaction. Foreign securities and no-load mutual funds are also available with the broker.
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Raymond James Account Fees and Charges
| Annual maintenance fee | Up to $50 |
You can receive a $15 account fee credit when you choose online document delivery and meet eligibility requirements.
Waived for clients with eligible assets totaling $100,000 or greater.
This fee is not applicable to the following types of accounts:
- Raymond James & Associates IRAs and qualified plan accounts
- Capital Access cash management accounts
- Raymond James Trust accounts
- Fee-based managed and advisory accounts
- 529 plan accounts
- Guardianship and conservatorship accounts
- Accounts open less than 12 months
|
Raymond James & Associates Retirement Account Fees
| Traditional, Roth, SEP or SIMPLE IRA fee | Up to $50 |
Profit sharing, money purchase or 401(k) fee
- Employee account
- Employer account
|
$30
$75
|
|
You can receive a $15 account fee credit when you choose online document delivery and meet eligibility requirements.
Waived for clients with eligible assets totaling $500,000 or greater and for fee-based managed and advisory accounts.
These fees apply to the above-listed retirement account types only. |
| Guardianship/Conservatorship account fees |
| Restricted annual fee | $150 |
| Non-restricted one-time set-up fee |
$75 |
| Annual pledged account fees |
| For accounts with market value of $25,000 or above | $75 |
| For accounts with market value less than $25,000 | $150 |
Raymond James Processing Fees
| Handling/processing fee | $5.95 |
| Returned deposit items (Check and ACH) | $20 |
Extensions for payment or securities received after settlement date
First Extension
Second Extension |
$20
$40 |
| Mailgram | $10 |
| Foreign security processing | $150 |
| Re-registration of physical certificates | $150 |
| Physical certificate deposit rejects | |
| Retirement account manual investment fees | $150 |
Transfer fees
Transfer of an account from Raymond James
Transfer of a foreign security |
$100
$50 |
| Retirement account termination fee | $100 |
| Exchange fee | Amount varies |
Brokers New Account Promotions »
Raymond James Service Fees
| Certified or Cashier’s Check
Waived for clients with eligible assets totaling $500,000 or greater. |
Outgoing Wiring Funds
Domestic
Foreign |
$25
$40 |
| Early Payout of Money | $25 plus interest |
Check Disbursement
Standard
Overnight
Saturday |
No charge
$20
$30 |
| International Foreign Exchange Conversion | The costs for this service are built into the foreign exchange rate. |
| Short Sales | Contact your financial advisor for fees that may be associated with borrowing shares. |
Raymond James Capital Access Account Fees
Annual fees
You can receive a $15 account fee credit when you choose online document delivery and meet eligibility requirements. The annual Capital Access fee is waived for clients with eligible assets totaling $500,000 or greater, clients who make average monthly direct deposits of $1,000, or clients who have other Capital Access-eligible fee based accounts. The annual fee is assessed one year after the account is established and every anniversary thereafter.
Capital Access: $150
Service fees
Insufficient Funds: $35
ATM surcharge fees
Clients are reimbursed up to $200 in ATM surcharge fees per year. Clients with eligible assets totaling $500,000 or greater are reimbursed an unlimited amount in surcharge fees per year. Standard ATM fees will apply after reaching maximum reimbursement amount for the year.
Raymond James Bank Fees
| Raymond James Bank with check writing | No service charge |
| Choice rate checking account |
| Minimum Daily Balance to Avoid Service Charge | $1,000 |
| Average Daily Balance to Avoid Service Charge | $1,500 |
Minimum Combined Balance in Any
Raymond James Bank Deposit Account to Avoid Service Charge |
$5,000 |
| Monthly Service Charge if Balance Not Maintained | $10 |
Automatic Teller Machine (ATM)
Usage After Monthly Allocated Free Usage | $1.25 |
| Bank Checks for Bank Clients | $10 |
| Bank Checks for Nonbank Clients | $15 |
| Deposit Items Returned Unpaid | $10 |
| Direct Deposit | No charge |
| Nonsufficient Funds Item | $30 |
| Overdraft Protection Transfer | $5 |
| Process Transfer to Beneficiary(ies) Upon Death | Up to $200 |
| Teledirect® Telephone Banking | No charge |
| Stop Payment | $30 |
| Uncollected Funds | $30 |
| Domestic wire transfer |
| Incoming | $10 |
| Outgoing | $20 |
| Foreign wire transfer |
| Incoming | $35 |
| Outgoing | $50 |
Raymond James Customer Reviews »
Raymond James Complimentary/Free Services
| The following services are available to clients of Raymond James financial advisors for no additional charge. |
Online account access through Investor Access (raymondjames.com/investoraccess)
- Secure, paperless account documents
- Downloads to Quicken® and CSV (comma-delimited) files
- Award-winning investment research and commentary
|
| Cost basis information (helpful at tax time) |
| TurboTax® data imports |
| Your choice of account statements |
| Your choice of cash sweep programs |
| Account linking (for mailing purposes and fee discounts) |
| ACH funds transfers |
| Direct deposit |
| Automated required minimum distributions |
| Transfer to beneficiary services |
| Dividend reinvestment |
Raymond James Margin Rates
| Debit Balance | Annual Interest Rate |
| $10 million and above | Base Rate* less 1.25% |
| $5 million — $9,999,999.99 | Base Rate less 1.00% |
| $1 million — $4,999,999.99 | Base Rate less 0.75% |
| $500,000 — $999,999.99 | Base Rate less 0.50% |
| $250,000 — $499,999.99 | Base Rate plus 0.25% |
| $100,000 — $249,999.99 | Base Rate plus 0.75% |
| $50,000 — $99,999.99 | Base Rate plus 1.50% |
| $25,000 — $49,999.99 | Base Rate plus 2.50% |
| Under $25,000 | Base Rate plus 2.75% |
* - As of March 10, 2020, Base Rate equals 6.50%.
Raymond James Fees Disclaimer
Raymond James fees are subject to change. For the most up-to-date information visit the official
Raymond James
website.
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