Anonymous
Not applicable

Deductions & credits

brokerages that charge fees do so in several ways.  some give you a choice as to how fees are charged.  one way is to charge a fee on each trade.  such fee is included in the purchase price of the security.   another way is to periodically charge (my firm - once a quarter) charge x% per year based on the value of the holdings.   with my firm the value of all accounts (including my individual account) is totaled the % is applied then divided by 4.     ask your broker, but I'm pretty sure the same fee would apply regardless of whether it was an individual account or trust/estate account.  this is one wat they generate revenue for providing investment advice.