WellsTrade® account

commissions and fees schedule

Effective January 18, 2011
WellsTrade Account Fees

Stocks and Exchange-Traded Funds (ETFs)

PMA Package Standard
Online/automated telephone trading 100 commission-free trades $19.952
per year; $8.95 thereafter1

Agent-assisted trading $25 + Online trading $25 + Online trading

commission commission

Penny Stocks
(stocks priced at less than $1.00/share) PMA Package Standard
Online/automated telephone trading Greater of $24.95 or Greater of $34.95 or
2.5% of principal 3.5% of principal

Agent-assisted trading $25 + Online trading $25 + Online trading

commission commission

Mutual Funds
No-load transaction fee funds* PMA Package Standard
Online trading 100 commission-free trades $35
per year; $8.95 thereafter1

Agent-assisted trading $25 + Online trading $25 + Online trading

commission commission
* Transaction fee applies per transaction (buy or sell). You can choose to buy or sell shares directly from the
fund itself or its principal underwriter or distributor without paying a fee to Wells Fargo Advisors, LLC.

No-load no-transaction fee (NTF) funds

More than 1,200 well-known no-load mutual funds are available without paying a
transaction fee to Wells Fargo Advisors. Mutual funds available without transaction
fees may change at any time without notice. Therefore, any mutual funds purchased
without a transaction fee may be subject to a transaction fee for subsequent purchases
or upon liquidation.

Load funds
Sales charges apply as described in the fund’s prospectus. Please refer to the fund’s
prospectus for additional information. Other fees and expenses apply to a continued
investment in mutual funds and are described in the fund’s current prospectus.
Investors should carefully consider the investment objectives, risks, charges and
expenses of mutual funds before investing. This and other important information is
contained in the prospectuses which should be read carefully before investing. Call
1-800-TRADERS (800-872-3377) for a prospectus. Please read and consider the
information carefully before investing. For online information about specific mutual
funds, sign on to your brokerage account and access the Mutual Fund Center.
Wells Fargo Advisors receives remuneration for providing certain record keeping or
shareholder services for some mutual fund families.
Qualification3 for discounted pricing with a Wells Fargo® PMA® Package
WellsTrade brokerage accounts linked to a Wells Fargo PMA Package. PMA Package:
This singular term is used to describe Wells Fargo’s top-of-the-line relationship package
that consists of a PMA checking account with Wells Fargo Bank, N.A. (a Wells Fargo &
Company subsidiary) and other qualifying accounts such as a brokerage account. The
PMA Package is subject to a $30 monthly service fee. Talk to your banker to learn
about how you may qualify to waive this monthly service fee if you maintain a
minimum qualifying balance. Accounts where you receive a statement from Wachovia,
Wachovia Bank, Wachovia Bank of Delaware; or Wachovia Bank of Delaware, a division
of Wells Fargo Bank, N.A., or Wachovia Bank, a division of Wells Fargo Bank, N.A., as
well as Time Accounts with these companies and certain brokerage accounts offered by
Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC do not
qualify.

Options
Online/automated telephone trading $9.95 + $1 per contract

Agent-assisted trading $25 + Online trading commission

Options exercises and assignments Agent-assisted stock commission

Fixed Income
Auction of treasury bills, notes and bonds $50 per transaction

All other transactions are subject to markup or markdown.

Margin Rates
Debit balance Rate of interest
$0-$24,999.99 Base Rate plus 3.625%

$25,000-$49,999.99 Base Rate plus 2.500%

$50,000-$99,999.99 Base Rate plus 2.375%

$100,000-$249,999.99 Base Rate plus 0.750%

$250,000-$499,999.99 Base Rate plus 0.625%

$500,000-$999,999.99 Base Rate plus 0.500%

$1,000,000-$4,999,999.99 Base Rate

$5,000,000-$9,999,999.99 Base Rate minus 0.500%

$10,000,000 and above Base Rate minus 0.750%

Unpaid cash account balances Base Rate plus 3.625%

The Base Rate is set at the discretion of Wells Fargo Advisors with reference to
commercially-recognized interest rates, industry conditions relating to the extension of
margin credit and general credit market conditions. The Base Rate, in combination with
a variable rate based on debit balance, is the rate Wells Fargo Advisors charges
investors to extend credit.
• Interest is computed daily.
• Payments for purchases in cash accounts should be received on or before the
settlement date of the trade. If your payment is received after that date, interest may
be charged to your account at the Base Rate plus 3.625%. Disbursement for a sale in
a cash account is not required to be made prior to the settlement date of the trade.
Occasionally, we may honor your request to receive payment of the sale proceeds
prior to settlement date. If so, an interest charge may be posted to your account,
calculated at the prevailing margin interest rate and subject to a minimum dollar amount.
 • Margin borrowing adds risk to your investments and is not suitable for all investors.
Market conditions can magnify any potential for loss. If the market value of the
eligible securities in your margin account declines, you may be required to deposit
more money or securities in order to meet minimum equity requirements. In
accordance with the terms and conditions of your margin agreement, we may be
forced to sell securities held in your account, without notice to you, whether or not a
call has been issued. The agreement also stipulates that margin lending policies
may be changed at any time.

Account minimums
Minimum account opening balance is $1,000. Systematic Mutual Fund Purchase or
Withdrawal Plan investment minimum is $100 (buy or sell) or fund company minimum
if greater. Investment in a systematic purchase or withdrawal plan does not assure a
profit and does not protect against loss in a declining market.

Fees
Type of account Annual fee
Command Asset Program/Command Asset Program for IRAs $125.00

Command Asset Program for Business $150.00

Investment (standard brokerage) Account $60.00

Individual Retirement Account (IRA) $30.00

Coverdell Education Savings Account $20.00

UGMA/UTMA $20.00

Annual account fees are based on the type of account and balances as of June 30.
Annual account fees will be deducted automatically from applicable accounts in
September. IRA account fee notices will be sent in August (if a fee is owed) with several
payment options; if a payment option is not selected, the fee will be automatically
deducted from the IRA in September.
Wells Fargo Advisors offers you many ways to avoid annual fees. Please see below for
more information:

Available Annual Account Fee Waivers

Annual Fees are waived if the following criteria are met as of June 30, 2011:
• Accounts of Wells Fargo Private Bank clients will automatically have any applicable
annual fees waived.
• A household relationship with Wells Fargo Advisors that totals $250,000 or more
will have any applicable annual fees waived. Your total household relationship
includes all personal brokerage assets that appear on your Wells Fargo Advisors
statements. If you maintain accounts with Wells Fargo Bank/Wachovia Bank, assets
in those accounts are not included in your Wells Fargo Advisors household
relationship.
• Accounts linked to a Wells Fargo® PMA® Package will qualify for fee waivers as
follows:
• For standard brokerage Investment Accounts, IRA or Education Savings
Accounts, annual fees will be waived.
• For a Command Asset Program accounts, applicable annual fees will be reduced
by $65 if you have PMA qualifying balances of under $250,000, and will be
waived altogether if your PMA qualifying balances total $250,000 or more.
 • Any Investment (standard brokerage) Account, IRA or Coverdell Education Savings
Account with mutual fund positions of $50,000 or more will receive a waiver of the
applicable annual fee ($60, $30 or $20). Money market funds, closed-end funds
and exchange-traded funds do not count toward this exemption.
• Households with a Command Asset Program will have all annual IRA fees waived,
including Traditional, Spousal, Roth, SEP and SIMPLE IRAs.
• Individual participants’ accounts that are part of a Qualified Retirement Plan (QRP)
(e.g., ERISA) will not be charged an annual account fee.
• Accounts with a household relationship that totals $50,000 that have elected to
receive all brokerage documents online only will receive $60 per account rebate of
the applicable annual fee. To go paperless, you must have signed up for online
access and use our online service to change your delivery preferences to online
only. You will also need to ensure the email you provide for statement notifications
is kept up-to-date. Your online only documents will include statements, confirms,
tax documents/1099s and shareholder communications.

Operational and Service Fees

Physical Certificate Issuance Actual fee charged to Wells Fargo Advisors:
• $250 (minimum) standard delivery
• $500 (minimum) rush delivery (3-5 days)

Obtaining Physical Certificate of a Foreign Security $250 (minimum) per security

Rejection of Ineligible Physical Certificates Presented for Deposit $75

Replace Certificate Lost by Client $100 + out-of-pocket expenses

Safekeeping Fee4 $25 per position annual charge

($250 annual maximum per account)

Wire Transfer – Outgoing $25

Returned Items (Insufficient Funds) $20 ($25 for Business Accounts)

Deposited/Cashed Item Chargeback $10

Account Research or Document Retrieval $15 per hour, $5 per document

(minimum of one hour)

Account Transfer $95

IRA Termination5 $95

Private Investment Fees $200 origination, $100 annual per position,

$500 maximum annual per account

1
Discounted commission rate applies for the first 100 trades in each 12-month period (beginning when a new
commission status is assigned); after the 100th trade the rate will be $8.95 per trade. Trades included are: Online
and automated telephone trading of stocks (excluding penny stocks), exchange-traded funds and online trading of
transaction fee mutual funds.
2
Fee applies for up to 1,000 shares; an additional 1.5 cents per share will be charged for more than 1,000 shares. Each
order will be treated as a separate transaction subject to commission. An order that executes in multiple lots during
a single trading day will be charged one commission. An order that executes over multiple trading days may be
subject to additional commission.
3
Criteria are applied in the following fashion: Accounts are reviewed periodically for qualification. Your commission
rate may change at any time as a result of these reviews. All commission rates apply from the date of status
assignment and are not applied retroactively. The following accounts are not eligible for linkage to a PMA Package:
Coverdell Education Savings Accounts, business accounts; accounts held by you in a representative capacity
including, but not limited to, UTMA/UGMA, irrevocable trusts and guardian/Conservator accounts; student loans,
indirect installment loans from Wells Fargo Leasing and Equity Direct and loans from Wells Fargo Financial, Inc.
and certain mortgages.
4
Safekeeping fee is charged only on those securities eligible to be held in street name.
5
Termination Fee applies to full distribution of Traditional, Roth, SEP, and SIMPLE IRAs; fee is waived for clients over
age 70½ or accounts terminated due to death or disability.

Investment and Insurance Products: NOT FDIC Insured NO Bank Guarantee MAY Lose Value
84867-v1

WellsTrade accounts are offered through Wells Fargo Advisors, LLC (Member SIPC), a registered broker-dealer
and non-bank affiliate of Wells Fargo & Company.
0910-2127A e7009