Self-directed Investing

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.

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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.

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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.

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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.

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UMB hero self directed investing

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:

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    Individual accounts

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    Joint accounts

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    Custodial accounts

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    Transfer on death accounts

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    Trust accounts

Brokerage investment solutions

Depending on your needs, we offer several investment solutions from which to choose:

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    Stocks

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    Bonds

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    Mutual funds

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    Options

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    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 UMBFSI’s quarterly Trade Execution Quality information and related statisticsleaving website icon provided by our clearing firm.

    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 FINRAleaving website icon, SIPC.leaving website icon  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 BrokerCheckleaving website icon.

    Securities and Insurance products are:

    NOT FDIC INSURED | NO BANK GUARANTEE | NOT A DEPOSIT | NOT INSURED BY ANY GOVERNMENT AGENCY | MAY LOSE VALUE