Retail Confirmation Fee $30.00
Paper Delivery Surcharge for Client Confirms1 $0.75
Paper Delivery Surcharge for Client Statements $2.50
ACAT Processing Transfer Out $75.00
Copies of Monthly Statements/Confirms $10.00 per month
Foreign Security Custody Fee $5.00
(per position per month)
DRS Reject $30.00 + pass-through of
TA & DTC fees
DRS Transfer $100.00 + pass-through of
TA & DTC fees
DTC/Government/DWAC Delivery $30.00 + pass-through of
(per delivery) TA & DTC fees
Other DTC Items (e.g., reorg, etc.) $30.00 + pass-through of
TA & DTC fees
Interested Party Confirm (per confirm) $3.25
Foreign Security Delivery (per delivery) $100.00
Inactive Account Fee (Annually per account)2 $50.00
Option Exercise/Assignment  Surcharge $25.00
Overnight Delivery Package $25.00
Overnight Delivery Package (Saturday delivery) $35.00
Pledge Account Setup Fee $100.00
Pledge Account Annual Fee $50.00
Margin and COD Extensions $10.00
Rights/Warrants Subscriptions $75.00
Corporate Actions $50.00
Alternative Investments (per month per security) $10.00
Accommodation Transfer (per certificate) $100.00
Bond Redemption/Conversion  (physical certificates) $100.00
Employee Stock Option Processing $50.00
Foreign Physical Certificate Receive/Deliver $250.00
Legal Transfer (per transfer) $50.00 + pass-through of
TA & DTC fees
Restricted Security Clearance $100.00 + pass-through of
(per delivery) TA & DTC fees
Return Deposit of Certificates (DTC) $150.00
Vault/Safekeeping (per certificate per month) $5.00
Transfer & Ship $600.00 + pass-through of
(per transfer per certificate) TA & DTC fees
Rush Transfer & Ship $750.00 + pass-through of
(per transfer per certificate) TA & DTC fees
Precious Metal Safekeeping Fee 50 bps per annum charged quarterly (min. $5/Qtr)
The above fees for account services provided by INTL FCStone Financial Inc. may be charged to your account at the time of or prior to the service being rendered.  A portion of these fees may be charged by your introducing Broker-Dealer.

Dawson James 1216

Cash Debits Standard Margin Rates
Federal Reserve Wire Transfer $35.00
International Wire Transfer $50.00
Non-Sufficient Funds (per item) $40.00
Paid CMA Overdraft (per item) $35.00
Pre-Payment $35.00 + interest
Returned CMA Check (per item) $40.00
Rush CMA Checks $75.00
Check Request (per check) $10.00
ACH to Third Party (per transfer) $10.00
Stop Payment $30.00
Annual Fees (not prorated) $50.00
Private Placement Security – Processing Fee $200.00
Private Placement Security – Custody Fee $100.00
Profit Sharing Plan Fee $65.00
Termination Fee $100.00
Termination and Transfer $150.00
Establishment $50.00
Change of Beneficiary $25.00
Termination $100.00
Transfer to Beneficiary $200.00

1  Clearing Firm reserves the right to adjust the surcharge based upon changes in postal, paper, vendor or other cost factors. The paper delivery surcharge for confirmations  is accessed on a per trade basis and billed as incurred.

2  Inactive  accounts  are defined  as accounts  holding  a security position for a calendar year (January 1 – December 31) without generating a) a trade or b) a free credit or margin interest of at least $100. Mutual fund systematic reinvestments and exchanges will be considered a trade. Dividend reinvestment activity is not considered a trade. Inactive fees do not apply to retirement accounts  where  Clearing  Firm  acts  as  custodian  or  servicing agent  and  collects  service  fees.  Accounts  exclusively  holding book   entry   onlyǁfixed   income   positions   or   an   aggregate FundVest position of $10,000 or more are exempt from this fee. Clearing Firm reserves the right to charge this fee on a pro rata basis for accounts that terminate their relationship with Clearing Firm and upon termination of the Fully Disclosed Clearing Agreement for any reason by either party.

Dawson James 1216


Services Schedule Fee Amount Fee Frequency
Annual Account Fee $100 Annual
Inactive Account Fee (no trade in 12 mos) $250 Annual
Account Opening Fee
Individual/Joint (Domestic) $250 Per Request
Corporate $450 Per Request
Foreign $500 Per Request
FFI (Foreign Financial Institution) $1,000 Per Request, including each sub-FFI
Returned Check Fee $75 Per Item
Movement Between Accounts $195 Per Request
Statements & Confirms
Electronic Statements and Confirms $2 Per Item
Paper Statements and Confirms $5 Per Item
Document Copies $50 Greater of $50 or $100/hr.
Overnight Mail
Regular $35 Per Request
International $75 Per Request
Saturday Delivery $50 Per Request
Account Transfers (Outgoing) Per Transfer
Full ACAT $100
Partial ACAT $75
Delivery Orders (non-ACAT system member) $100 Per Item
Cleared Stock Withdrawal Fee (Materialization) 4.5% of value
Withdrawal by Transfer (from DTC)
Regular $1,000 Per Request
Rush $2,000 Per Request
Withdrawal by Transfer (from Alpine Vault) $250 Per Request
Transfer on Death $500 Per Account
Garnishment/Attachments $5,000 Per Account
Cash Disbursement Services
Payment by Check
Domestic Check $75 Per Request
International Check $550 Per Request
Cancel Check $100 Per Request
Check Traces $100 Per Item
Wire Transfers
Domestic $75 Per Request
International $550 Per Request
Third Party $500 Subject to approval
Wire Rejects $100 Per Request
Wire Traces $100 Per Request
Early Payout (Cash Advance of Settlement) 3%/$300 min Per Request
Investment/Transaction Specific (will appear on Trade Confirmation)
Services Schedule
Ticket Charges
Equity Trade $45 Per Transaction
Mutual Fund $45 Per Transaction
Settlement Fee (stocks under $5/share) $.005/share Per Transaction
Max 1.5%/Min
Regulatory Fees (charges imposed by Regulators)
FINRA TAF $.000119/share Per Transaction
Max $5.95/Trade
SEC Activity Assessment (sales only) $.0000184 x
Principal Per Transaction
Other Transaction Charges
Physical Deliveries (Non DTC Eligible Securities) $100 + cost Per Delivery
Tenders $50 Per Item
Custody Related Fees
Services Schedule
Safekeeping (Items Stored in Alpine Vault) $150 Annually In Advance (no refund if ordered out during calendar
DTC Custody Fee ( Stock held at DTCC) Average daily number of shares, rounded up to a .00004/share Monthly
multiple of 100 shares
OTC Deposit Related Fees
Services Schedule
Deposit Review Fee $895 Per Deposit Regardless of Method of Receipt (in advance).
Deposit Review Fee (follow on conversions) $400 Per Deposit Nonrefundable
Deposit review for 3rd party acquired securities $100 Per Party Removed from Issuer.
(not direct from issuer) In addition to Section 5 review fee Nonrefundable
Requests for more info on Deposit $100 Per request
Rush Fee $250 Per request
Electronic Receipt
DWAC  /DRS Receipt $95 + cost Per DWAC Received
Receipt VIA ACAT Transfer $95 Per Item
Free Delivery (incoming) $95 Per Item
Physical Certificate Receipt
DTC Eligible $195 Per Item
Non-DTC Eligible $350 Per Item
Restricted Legend Removal $250 + T/A Charge Per Item
Deposit Rejects $300 Per Item
Rule 144 Affiliate & Control Securities $300 Per Item
Legal Fee (3rd Party) Pass Through Per Item
Regulatory Related Fees
Services Schedule
Blue Sheet Requests $150 Per Stock per account
Other Regulatory Related Greater of $150 per request or $295 per hour Per Request per account. Additional
pass-through costs may be added at the company’s discretion.

The fees are subject to change at any time for any reason. Other fees not listed above may apply to your account. Contact your broker for additional information. Any cost or fees incurred by Alpine resulting from any activity in the account will be charged to, and are the sole responsibility of, the account holder. “Pass-Through” fees may apply to any transactions and can vary. Pass-Through fees can be substantial, may change without notice and be passed on to you even if not specified in this Fee Schedule. Pass-Through fees include, without limitation, fees charged by DTC, NSCC, CNS, transfer agents, freight carriers, etc. They may also include special charges for any fund amounts required to clear transactions or calls related to selling or handling the accountholder’s securities. Any Alpine moneys used to cover Pass- Through charges associated with the clearance, transfer, trading or handling of the account or securities in any manner are billed at the greater of the cost of funds plus 25% or 18% per annum in addition.