Frequently Asked Questions

Frequently Asked Questions – Account Management

Is There Any Cost For Adding To Or Withdrawing Money From My Personal Portfolio?

One of the many benefits of having a Personal Portfolio with MFWM is that there is no charge to add money to your account. You should of course check with your originating bank or brokerage to see if they charge any transfer fees.

When it comes to withdrawals there are a few considerations:

  1. Your custodian may charge a processing fee based on the type and frequency of withdrawals. More information is available on the Custodian FAQ page.
  2. If positions need to be sold, typical trading fees would be applied along with generating taxable gains or losses inside non-retirement accounts.
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