Waived $35 $50 $25 $25 $35 $50 No Load ‐ Online No Load ‐ Broker Assisted No Transaction Fee Subject to applicable sales charges and/or redemption fees as stated in the prospectus. Subject to applicable sales charges and/or redemption fees as stated in the prospectus. $39.95 $59.95 No Transaction Fee $49.95 $59.95 No Transaction Fee $44.95 Broker Assisted Trades (Order placed with a Broker) *Bank of the West Premier Checking clients receive 15 $0 commission online equity trades per month (subject to certain terms and conditions).
Options Standard Premier, PCS, Employees
Online Originated Trades Broker Assisted Trades (Order placed with a Broker) Exercises and Assignments $9.95 + $1.50 per contract $44.95 + $1.50 per contract $25 per transaction $6.95 + $1.50 per contract $44.95 + $1.50 per contract $25 per transaction Pershing LLC as custodian ‐ SARSEP, Simple IRA, Qualified Plans, 403(b)(7) custodial plans and 403(b)(7) custodial accounts Most retirement account types are custodied by Bank of the West or First Hawaiian Bank. Pershing LLC typically acts as custodian on accounts acquired through prior acquisitions, all qualified plans, all SARSEP, all Simple IRA, and all 403(b)(7) accounts. Review the account title provided on your statement to identify the applicable custodian on your retirement account or contact your Advisor. Custodian Fees are charged on account anniversary and based on month‐end balances.
Commissions and Fees unique to Self‐Directed Online Accounts (continental U.S. clients only):
Premier*, PCS, Employees Standard Equities (includes Exchange Traded Funds) $6.95 $9.95 Online Originated Trades *Waived for external holding accounts that hold assets directly with annuity carriers/fund companies and do not hold assets in the account. Annual Custodian Fee for Advisor Directed Retirement Accounts ‐ Only one of the following custodian fees apply per Retirement Account Bank of the West as custodian* ‐ Traditional IRA, Rollover IRA, Roth IRA, Education IRA, Beneficiary IRA, and IRS model SEP accounts First Hawaiian Bank as custodian* ‐ Traditional IRA, Rollover IRA, Roth IRA, Education IRA, Beneficiary IRA, and IRS model SEP accounts *Annual custodian fees are waived for Bank of the West and First Hawaiian Bank Custodian accounts with balances greater than $30,000. Pershing LLC as custodian ‐ Traditional IRA, Rollover IRA, Roth IRA, Education IRA, Beneficiary IRA, and IRS model SEP accounts Exercises and Assignments ‐ $25 per transaction $50 base commission + 2% of principal Mutual Funds/Unit Investment Trusts/Variable Annuities Subject to applicable sales charges and/or redemption fees as stated in the prospectus. Annual Inactivity Fee* Inactivity fees will be charged to accounts holding security position(s) for a calendar year without generating a trade or free credit or margin interest of at least $1.00. Mutual fund systematic investments and exchanges will be considered a trade. Dividend reinvestment activity will not be considered a trade. *Waived if account value is greater than $50,000 on 12/31 of previous year and client elects to receive paperless statements and confirms. *Waived upon request if household has more than $250,000 invested with the firm. $40 Back End Load Annual Inactivity Fee Waived ‐ No Charge Annual Custodian Fee for Self‐Directed Online Retirement Accounts‐ Only one of the following custodian fees apply per Retirement Account Bank of the West as custodian ‐ Traditional IRA, Rollover IRA, Roth IRA, Education IRA, Beneficiary IRA, and IRS model SEP accounts Pershing LLC as custodian ‐ Traditional IRA, Rollover IRA, Roth IRA, Education IRA, Beneficiary IRA, and IRS model SEP accounts Pershing LLC as custodian ‐ SARSEP, Simple IRA, Qualified Plans, 403(b)(7) custodial plans and 403(b)(7) custodial accounts Most self‐directed online retirement account types are custodied by Bank of the West. Pershing LLC typically acts as custodian on accounts acquired through prior acquisitions, all qualified plans, all SARSEP, all Simple IRA, and all 403(b)(7) accounts. Review the account title provided on your statement to identify the applicable custodian on your retirement account or contact your Advisor. Custodian fees are charged on account anniversary and based on month‐end balances.Fees unique to Investment Advisory Solutions Accounts:
Advisory accounts are provided to clients through a “wrap fee” arrangement where the advisory fee is asset‐based, rather than based on the transactions in the account (i.e. commissions). Certain fees in addition to the advisory fee may be applicable in certain situations. Please refer to the “Fees Applicable to All Accounts” section below, as well as Part 2A Appendix 1, Wrap Fee Program Brochure, of BancWest Investment Services’ Form ADV for details.Commissions and Fees unique to Advisor Directed Accounts:
Front End Load Equities* (includes Exchange Traded Funds) Commission* $44.95Mutual Funds Standard Premier, PCS, Employees
To limit
our
sharing
Questions?
FACTS
Reasons we can share your personal information
Investment Services
Does BancWest
share?
Can you limit this
sharing?
For our everyday business purposes—
such as to process your transactions, maintain
your account(s), respond to court orders and legal
investigations, or report to credit bureaus
Yes
No
For our marketing purposes—
to offer our products and services to you
Yes
No
For joint marketing with other financial companies
Yes
No
For our affiliates’ everyday business purposes—
information about your transactions and experiences
Yes
No
For our affiliates’ everyday business purposes—
information about your creditworthiness
Yes
Yes
For our affiliates to market to you
Yes
Yes
For nonaffiliates to market to you
No
We don’t share
WHAT DOES BANCWEST INVESTMENT SERVICES
DO WITH YOUR PERSONAL INFORMATION?
Why?
Financial companies choose how they share your personal information. Federal law gives
consumers the right to limit some but not all sharing. Federal law also requires us to tell you
how we collect, share, and protect your personal information. Please read this notice carefully to
understand what we do.
Rev. February 2010
What?
The types of personal information we collect and share depend on the product or service you
have with us. This information can include:
n
Social Security number and income
naccount balances and assets
n
investment experience and risk tolerance
How?
All financial companies need to share customers’ personal information to run their everyday
business. In the section below, we list the reasons financial companies can share their
customers’ personal information; the reasons BancWest Investment Services chooses to share;
and whether you can limit this sharing.
n
Call 1-800-338-3919—our menu will prompt you through your choice(s)
Please note:
If you are a new customer, we can begin sharing your information 45 days from the date we
sent this notice. When you are no longer our customer, we continue to share your information as
described in this notice.
However, you can contact us at any time to limit our sharing.
Call 1-800-338-3919
10.09.69
Definitions
Affiliates
Companies related by common ownership or control.
They can be financial and nonfinancial companies.
n
Our affiliates include companies with a BancWest Investment
Services name and financial companies such as Bank of the West,
and First Hawaiian Bank, and BNP Paribas.
Nonaffiliates
Companies not related by common ownership or control.
They can be financial and nonfinancial companies.
n
BancWest Investment Services does not share with nonaffiliates so
they can market to you.
Joint marketing
A formal agreement between nonaffiliated financial companies that
together market financial products or services to you.
n
Our joint marketing partners include: BancWest Investment Services
does not currently have any joint marketing partners but reserves the
right to share with joint marketing partners in the future.
What we do
How does BancWest Investment
Services protect my personal
information?
To protect your personal information from unauthorized access and use,
we use security measures that comply with federal law. These measures
include computer safeguards and secured files and buildings.
How does BancWest Investment
Services collect my personal
information?
We collect your personal information, for example, when you
n
open an account or show your government-issued ID
n
buy securities from us or seek advice about your investments
ntell us about your investment or retirement portfolio
We also collect your personal information from others, such as credit
bureaus, affiliates, or other companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only
n
sharing for affiliates’ everyday business purposes—
information about your creditworthiness
n
