Command Asset Program

The Command Asset Program is a comprehensive asset-management program that integrates investing and financial management into a single, easy-to-manage relationship. This relationship links investing and cash management for maximum convenience and flexibility.

 

 

 

Brokerage features

  • Daily sweep of available cash in Command Accounts
  • Bank-Deposit Sweep Program with FDIC coverage up to $250,000 through three banks affiliated with Wells Fargo Advisors (Affiliated Banks)1
  • A comprehensive enhanced statement with cost basis reporting and customizable options
  • Annual summary and tax package with a recap of Command Checks and debit card activity

Financial management features

  • Direct deposit for payroll, Social Security and government payments
  • Unlimited checkwriting with free Command Checks and reorders2
  • Platinum ATM/VISA® Debit Card3
  • Access to cash at Wells Fargo ATMs with no fee. Refunds of up to five non-Wells Fargo services fees each month
  • Command Credit Line for overdraft protection and convenient loan access based on marginable securities4
  • Unlimited no-fee IRA investment accounts for each Command household
  • Annual fee waived with household assets over $250,000 and for managed accounts
  • A single annual cost covers all brokerage accounts in a Command household

Online features

  • Enroll in Access Online for Command account balances, transactions and positions including check images
  • Free access to Online Banking with free Bill Pay
  • Free cash transfers between Command and other eligible checking and savings accounts
  • Enroll in online documents including account statements, trade confirmations, tax documents/ annual summaries and electronic notification of shareholder communications

 

1 Bank Deposit Sweep Program consists of cash balance held at Affiliated Banks, Cash balances are FDIC insured up to $250,000 per depositor per bank for a total of $750,000 per deposited at all three Affiliated Banks.

2 Checkwriting and Command Check order fee apply to Command for Business Accounts. "Command Check" means a payable through draft that is similar in appearance and function to a traditional check but is written and processed from your brokerage account.

3 Cards issued in certain states may not have the ability to make PIN-based transactions.

4 Margin may not be suitable for all clients. There are risk associated with borrowing against securities as collateral. Please read the Agreement and Disclosure Statement, which will be included in your application packet. Securities held in a retirement account cannot be used as collateral to obtain a loan.