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1-888-4WESCOM (1-888-493-7266) ext. 5104

Wescom Financial Services, LLC Disclosures


Retirement Facts

30% of workers in a 2012 study reported that they had less than $1,000 in savings and investments.

Employee Benefit Research Institute

Business Continuity Plan

Wescom Financial Services has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.

Contacting Us. — If after a significant business disruption you cannot contact us as you usually do at 1-888-4WESCOM (1-888-493-7266), option 1, extension 5104, then go to our web site at: You may also contact us at our email address of

If you cannot access us through either of those means, you should contact our sub-clearing firm, CUSO Financial Services, PO Box 85744, San Diego, CA 92186, or 800-686-4724 for the same services. In addition, you may contact our clearing firm, Pershing, LLC, PO Box 2065, Jersey City, New Jersey 07303-2065; or 201-413-3635, for instructions on how it may process limited trade-related transactions, cash disbursements, and security transfers.

Our Business Continuity Plan. — We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm's books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.

Our business continuity plan addresses: data back-up and recovery; all mission-critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank- and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.

Our clearing firm, Pershing, LLC, backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that its objective is to restore its own operations and be able to complete existing transactions and accept new transactions and payments within four hours. Your orders and requests for funds and securities could be delayed during this period.

Varying Disruptions. — Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within four hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within twenty-four hours. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site or our customer number, 1-888-4WESCOM (1-888-493-7266) how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer's prompt access to their funds and securities.

For More Information. — If you have questions about our business continuity planning, you can contact us at 1-888-4WESCOM (1-888-493-7266) or

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SEC Rule 11Ac1-6

Disclosure of Order Routing Practices

Pershing LLC ("Pershing") has provided the data on this website on behalf of your introducing financial organization. The data represents only those orders that have been routed by your introducing financial organization through Pershing for execution. Although Pershing has used commercially reasonable efforts to provide accurate information, the data is provided to you on an "as is" basis. PERSHING SPECIFICALLY DISCLAIMS ALL WARRANTIES EXPRESS OR IMPLIED WITH RESPECT TO THE INFORMATION, INCLUDING SPECIFICALLY, BUT NOT EXCLUSIVELY, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT. YOU AGREE THAT PERSHING SHALL NOT HAVE ANY LIABILITY FOR ANY INDIRECT, CONSEQUENTIAL, SPECIAL OR DIRECT DAMAGES FOR ANY ACTION OR INACTION WHICH YOU MAY TAKE AS THE RESULT OF THE DATA, WHETHER AS A RESULT OF ANY CLAIM SOUNDING IN CONTRACT OR ANY OTHER THEORY OF LIABILITY.

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Revenue Sharing

At Wescom Financial Services ("WFS") we may receive compensation from one, or all, of the mutual fund families and insurance (fixed and variable products) providers that are available to our customers. These payments include commissions, trailing commissions and for certain product providers, payments made in connection with programs that support our marketing and sales-force education and training efforts (referred to here as "Strategic Partners"). These special relationships bring additional compensation to WFS, which is used to supplement training, educational presentations and other support so that our representatives can ultimately work more effectively for you. We believe that these programs do not compromise the advice your representative provides to you. Your representative’s compensation is the same regardless of whether or not the sale involves a Strategic Partners Program.

Strategic Partners Program

The payments made under Strategic Partners are calculated based upon gross sales or assets under management. Payments exclude assets held in fee-based programs at WFS. WFS may receive compensation of up to 0.25 percent (25 basis points) per purchase. For example, if you purchased $10,000 with a participating mutual fund family or insurance provider, WFS could receive up to $25. WFS Representatives do not receive any part of these payments.

Potential Conflicts of Interest in Receiving Revenue Sharing From Strategic Partners

A potential conflict of interest exists in that WFS is paid more revenue sharing fees if you purchase one type of product instead of another and/or you purchase a product from one particular sponsor instead of another. Your financial representative also may indirectly benefit from Strategic Partner payments when the money is used to support costs relating to product review, marketing or training, or for waiver of ticket charges, as described below. WFS investment representatives do not receive any of the compensation associated with the payments noted above.

Mutual Fund Ticket Charges

When you purchase a mutual fund of a Strategic Partner in our Select Program in a Pershing account, WFS may absorb the nominal “ticket charge” for each transaction of approximately $15, which would normally be paid by you, your WFS investment representative’s financial institution, or your investment representative. Generally, the mutual fund families that participate in the Select Program subsidize some of these ticket charges by paying us a per trade fee of up to $15 for purchase transactions with a minimum purchase amount ranging from $10,000 to $15,000. The type of transaction in a Select Program mutual fund purchase that may qualify for a ticket charge waiver varies depending on the particular Strategic Partner in the Select Program. Every mutual fund offered by WFS may be purchased without a ticket charge by processing the transaction with a check and application sent directly to the mutual fund company. We believe that these ticket charge waivers do not compromise the advice your investment representative provides to you.

The initial list of Select participating fund families include:

  • Franklin-Templeton
  • Lord Abbett
  • MFS
  • Pacific Funds
  • Putnam Investments
  • SunAmerica Mutual Funds
  • Voya

The programs that participate in the Strategic Partners Program are listed below:

Fixed and Variable Insurance Providers

  • Jackson National
  • Metlife Investors
  • Pacific Life
  • Protective Life
  • Symetra
  • Voya
  • Allianz
  • Transamerica

More Information

Information about a mutual fund's fees and expenses may be found in the fee table located in the fund's prospectus. Also, the fund's statement of additional information contains important information that you may wish to read. Information about a variable insurance product's fees and expenses may be found in the fee table located in the variable insurance product's contract document.

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Brokerage Account Online Fee Structure

Stock, Exchange Traded Fund (ETF), Option and Mutual Fund Trades

Type of Order Price
Stock/ETF Trades - Priced less than $1, unlimited number of shares $29.95
Stock/ETF Trades - Priced at $1 or greater, 0 - 4,999 shares $14.95
Stock/ETF Trades - Priced at $1 or greater, 5,000 shares or more $0.01 per share
No Load Mutual Funds $24.95 — $34.95
Load Mutual Funds See Prospectus
Broker-assisted trades (in addition to regular commission) $15.00

Brokerage Account Full Service Fee Structure

Stock and Exchange Traded Fund (ETF)

Principal Amount Commission
up to $5,999.99 2.5%
$6,000.00 to $9,999.99 2.00% + $30.00
$10,000.00 to $24,999.99 1.5% + $80.00
$25,000.00 to $99,999.99 1% + $205.00
$100,000.00 and above 0.50% + $705.00

Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund or exchange traded fund (ETF) carefully before investing. A prospectus containing this and other information about the mutual fund or ETF can be obtained from the issuer. The prospectus should be read carefully before investing.

Miscellaneous Fees

Service Fee
Annual Custodial Fee (Inactive Account) - Hold securities positions without trades $50.00
Annual Custodial Fee (Inactive Account) - Mutual Fund positions only without trades $25.00
ACH transfer rejects $25.00
Annual holding fee per REIT / limited partnership (retirement account) $35.00
Cash due and margin interest charges As applicable
Direct Registration (DRS) $20.00
Employee stock option exercise (plus margin interest) $75.00
Extensions $25.00
Foreign securities processing As incurred
Foreign securities transaction charge $85.00
Legal transfer $60.00
Mutual Fund short-term redemption fee (Pershing NTF Funds only) $50.00
Overnight delivery (standard) $12.00
Paper Confirmation Surcharge $0.75
Paper Statement Surcharge $0.75
Real time / Delayed Quotes No Charge
Reorganization - Mandatory No Charge
Reorganization - Voluntary No Charge
Restricted Securities Processing $75.00
Retail account transfers out $95.00
Retirement account maintenance fee ($100,000 or more) No Charge
Retirement account maintenance fee (under $100,000) - IRA, SEP $35.00
Retirement account maintenance fee (under $100,000) - SARSEP, SIMPLE, QRP $50.00
Retirement account termination fee $95.00
Returned checks $25.00
Stock dividend reinvestment No Charge
Stop payment on money market check $25.00
Stop/replace certificate As incurred
Wired Funds $25.00

Some Fees on this list may not apply to all accounts. Fees are subject to change.

Mutual Fund commissions

CFS commissions schedule for mutual funds:

Fund Type Commission
Buy, sell, and exchange no loads $24.95—$34.95
Funds with front-end, back-end, or level sales charges (loads) See your prospectus
Broker-assisted orders Additional $15.00

These rates are subject to change periodically, without prior notice.

Investors should consider the investment objectives, risks, charges, and expenses of a mutual fund or exchange-traded fund (ETF) carefully before investing. A prospectus containing this and other information about the mutual fund or ETF can be obtained from the issuer. The prospectus should be read carefully before investing.

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