Why does ShareBuilder have an abandoned account handling charge?

If you log in to your account on a regular basis (we recommend at least once a year) you don’t have to worry about this charge.

However, if an account has not been accessed for 3 years, the assets are considered abandoned, and we attempt to contact the owner of the account (as required by state laws).

If we are unable to contact the account owner and the account still hasn’t been accessed, we assess this charge to help cover the costs of handling abandoned accounts and the costs of complying with various state laws.

This $25 charge is non-refundable and applies to each abandoned account.

Note: If an account has less than $25 in assets, all of the assets in the account will be used to pay the handling charge.

More information about abandoned accounts and unclaimed property laws