Tax-Free State and National Muni Accounts
Tax-Free Municipal Bond Accounts and Prerefunded Municipal Bond Accounts can be National Tax-Free or State-Specific Tax Free, depending on the client's needs. Municipal bonds carry their own inherent risks.
Account Minimum to Open: $1,000,000
Fees:
Direct:
On the first $1,000,000Account Minimum to Open: $1,000,000
Fees:
Direct:
.60 of 1% per annum
On the next $1,000,000
.50 of 1% per annum
On the next $5,000,000
.40 of 1% per annum
On balances over $7,000,000
Negotiable
Sub-Advised:
.50 of 1% per annum
On the next $1,000,000
.40 of 1% per annum
On the next $5,000,000
.30 of 1% per annum
On balances over $7,000,000
Negotiable
