Self-directed Investing
Securities and insurance products are:
NOT FDIC INSURED • NO BANK GUARANTEE • NOT A DEPOSIT • NOT INSURED BY ANY GOVERNMENT AGENCY • MAY LOSE VALUE
Investing independently with UMB Financial Services, Inc.¹
If you are a confident and independent investor who prefers to dig into the investing details solo, we have a wide range of investment choices, data and tools at your disposal. With our online, self-directed brokerage account you can research, select, purchase, monitor and manage your investment portfolio.
Robust trading platform and tools
Conveniently manage your brokerage account and trades online, and use our investor tools and research to feel confident in your selections.
Transparent fees
Our fee structure is simple and straightforward. No hidden fees, no fine print. You can choose the level of service or support you want.
No minimum initial investment
Whether you’re just getting started or interested in a more hands-on investing experience, UMB makes it accessible with no-minimum balance brokerage accounts.
Open your investment account
To get started on your self-directed investment experience, call 800.842.9999
YOUR UMB BROKERAGE EXPERIENCE
Online and mobile account access.
Planning calculators and investor tools.
Fund ratings from Morningstar.
Stock analyst research.
Service and support through our brokerage call center.
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Brokerage account options
Depending on your needs, we offer several account options from which to choose:
- SVG
Individual accounts
- SVG
Joint accounts
- SVG
Custodial accounts
- SVG
Transfer on death accounts
- SVG
Trust accounts
Brokerage investment solutions
Depending on your needs, we offer several investment solutions from which to choose:
- SVG
Stocks
- SVG
Bonds
- SVG
Mutual funds
- SVG
Options
- SVG
Brokered certificates of deposit
Investing Independently With Your UMB Health Savings Account²
Health savings accounts (HSAs) are a strategic way to save for your future health expenses, from medical bills and hospital charges to prescriptions and long-term care premiums. Your HSA funds are yours until you spend them—no matter if you change jobs, retire, switch health plans or move to another state.
To help you optimize your HSA funds, UMB offers a unique investment opportunity with HSA Saver®*. HSA Saver is an investing platform that allows you to invest your health funds once you reach a minimum account balance of $1,000.
FAQ
Looking for investment recommendations?
If you're interested in investment recommendations from a financial professional rather than a self-directed investment experience, connect with us at 800.842.9999. Our investment philosophy is collaborative with a comprehensive approach to your investment journey. Our data-driven investment selections and in-depth research, paired with insight from your advisor, can help guide your investment plan.
| BASE CHARGE | PER SHARE/CONTRACT CHARGE | |
|---|---|---|
| Stocks | $22.50 | $0.0075 |
| Options | $22.50 | $1.00 |
| Precious Metals (storage and delivery fees apply) |
$75.00 | 1% of the total |
| Other Fees | ||
| NTF Service Fee Buy/Sell | $7.95 | |
| No-Load Mutual Fund Buy/Sell | $7.95 | |
| Foreign Fee | $75.00 | |
| Fixed Income | Fixed income markups for orders placed through UMBFSI's clearing firm (National Financial Services) range between 0.02% and 1.5%, depending upon type of bond, order volume and time to maturity. Fixed income markups for orders placed through UMBFSI's affiliated UMB Bank, n.a. Investment Banking Division incur a maximum markup of 3%. | |
Investor Service Center
| BASE CHARGE | PER SHARE/CONTRACT CHARGE | |
| Stocks | $45.00 | $0.0075 |
| Stocks (Financial Advisor Assisted) |
$75.00 | $0.0075 |
| Options | $45.00 | $2.00 |
| Precious Metals (storage and delivery fees apply) |
$75.00 | 1% of the total |
| Other Fees | ||
| NTF Service Fee Buy/Sell | $14.95 | |
| No-Load Mutual Fund Buy/Sell | $14.95 | |
| Foreign Fee | $75.00 | |
| Fixed Income | Fixed income markups for orders placed through UMBFSI's clearing firm (National Financial Services) range between 0.02% and 1.5%, depending upon type of bond, order volume and time to maturity. Fixed income markups for orders placed through UMBFSI's affiliated UMB Bank, n.a. Investment Banking Division incur a maximum markup of 3%. | |
This schedule of commissions and other fees is subject to change without notice. Service Fee costs include, but are not limited to, transacting trades, confirms, statements and postage.
Effective January 1, 2019
Other Services
| Legal Fees |
$200 per issue |
| Restricted Stock |
$500 |
| Alternative Investment |
$35 per position |
| Physical Reorganization |
$200 per issue |
| Wiring of Funds |
$15 |
| Transfer & Shipping DRS Eligible |
$125 per issue |
| Transfer & Shipping Non-DRS Eligible |
$550 per issue |
| Annual Custodial Fee |
$50 annually |
| Extensions |
$30 per trade |
| Transfer of Assets-Deliveries |
$100 |
| Research Fee |
$50 per hour |
| Insufficient/Returned Check Fee |
$40 |
| Stop Payments |
$20 |
| Copies of Checks |
$15 |
| Legal Returns |
$100 |
IRA Fees
(See separate application and custodial agreement
Self Directed IRA Fees are charged by Fidelity Management Trust Company of Boston, Massachusetts.
| Current Annual Maintenance |
$35 |
| Account Closing/Termination Fee |
$125 |
This schedule of fees is subject to change without notice. The annual custodial fee costs include, but are not limited to, confirms, statements, tax documents and postage.
View our business continuity plan here. Review our customer identification program notice. Other resources that may be of interest to you:
All equity trades are routed and executed through National Financial Services, UMB Financial Services Inc.’s clearing broker.
UMB Financial Services Inc.’s quarterly SEC Rule 606(a) reports follow:
SEC Rule 606(a) 2nd Quarter 2024 Report
If you have questions about your brokerage account, connect with us at 800.842.9999
1Securities are offered through (1) UMB Financial Services, Inc., Member FINRA
, SIPC. UMB Financial Services, Inc. is a wholly owned subsidiary of UMB Financial Corporation and an affiliate of UMB Bank, n.a.
2UMB health savings accounts are offered through UMB Healthcare Services. UMB Investment Management selects mutual funds in various asset classes for inclusion in the UMB HSA Saver Investment Program. UMB Investment Management and UMB Healthcare Services are departments of UMB Bank, n.a. UMB Bank, n.a. is a wholly owned subsidiary of UMB Financial Corporation. UMB Custody Services provides safekeeping and settlement of the mutual fund investments in the UMB HSA Saver investment program. UMB Custody Services is a division of UMB Bank, n.a.
Check the background of UMB Financial Services, Inc. and associated investment professionals on FINRA's BrokerCheck.
Securities and Insurance products are:
NOT FDIC INSURED | NO BANK GUARANTEE | NOT A DEPOSIT | NOT INSURED BY ANY GOVERNMENT AGENCY | MAY LOSE VALUE