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There have been some comments in recent posts regarding obtaining account waivers for various Schwab transactions. If anyone has any info on obtaining waivers on fund purchases I'd much appreciate hearing about that. Thanks- OJ
As to how to get fee waivers at Schwab, other posters have provided information. In that same thread: sma3 said: I got the fee waived when I told my rep that I wanted to move VTMFX over from Vanguard but would not because of the fee. He waived it
You may want to contact @sma3 for additional information. I am a Fidelity client and i get NO waiver on TF funds.
When I transferred an account to Schwab last year they offered me fee waivers for Fidelity and Vanguard funds. I didn't even ask for this—I guess Schwab was eager to accumulate additional AUM from one of their rivals. I asked Schwab to waive transaction fees for Dodge & Cox and T. Rowe Price funds but my request was denied.
After considering Junkster's comments in the Low Risk Bond OEFs for Maturing CDs thread I decided not to look at those particular bond funds (which have transaction fees at Schwab) at this time. So, thanks again to all- I appreciate your responses. OJ
@Old_Joe Are you looking at emerging market equity? I own or as some would say hold a position in Artisan funds, be it rather small. Now I'm wondering if I want to add another rung to the ladder? Have a good day, Derf
When I transferred additional funds to Schwab last year, I asked my Financial Consultant about asset transfer promotions and TF waivers. (I had previously asked a rep in my local office about TF waivers but had been quickly shot down.) She connected me with a Trading Consultant in their Trading Solutions department.
The Trading Consultant matched an ongoing promotion at another broker and waived TFs for all accounts for Dodge & Cox, Fidelity, and Vanguard funds. The only exception was my Solo 401(k) account to which an ongoing TF waiver cannot be applied. However, I’ve been able ask for and get TFs waived a couple of times as a courtesy on an ad hoc basis.
Do you have/know a way to access institutional shares in a fund such as Nuveen Short Duration High Yield Muni Bond I (NVHIX) on the Schwab platform? For me, it say "Approval Required", which generally means that this share class can only be purchased by brokers.
@Derf- No sir, I'm right there with @dtconroe in looking for possible backups for maturing CDs and Treasurys. Our Maximum Leader is going to force down Fed rates one way or another, and yields are going to fall, at least until reality catches up with the interest-sensitve markets.
Comments
I didn't even ask for this—I guess Schwab was eager to accumulate additional AUM from one of their rivals.
I asked Schwab to waive transaction fees for Dodge & Cox and T. Rowe Price funds but my request was denied.
After considering Junkster's comments in the Low Risk Bond OEFs for Maturing CDs thread I decided not to look at those particular bond funds (which have transaction fees at Schwab) at this time. So, thanks again to all- I appreciate your responses.
OJ
Have a good day, Derf
The Trading Consultant matched an ongoing promotion at another broker and waived TFs for all accounts for Dodge & Cox, Fidelity, and Vanguard funds. The only exception was my Solo 401(k) account to which an ongoing TF waiver cannot be applied. However, I’ve been able ask for and get TFs waived a couple of times as a courtesy on an ad hoc basis.
Do you have/know a way to access institutional shares in a fund such as Nuveen Short Duration High Yield Muni Bond I (NVHIX) on the Schwab platform? For me, it say "Approval Required", which generally means that this share class can only be purchased by brokers.