Annuity Fees Disclosure

Pershing may receive servicing fees from the insurance companies listed below that participate in Pershing's annuity platform (Subscribe®). Participation by your financial organization in this program is optional. These fees are a source of revenue for Pershing.

Pershing also receives operational reimbursement fees from certain insurance companies. A flat fee per holding is paid to Pershing for the services it provides, which may include, but is not limited to posting, accounting reconciliation, and client statement preparation and mailing. These fees are a source of revenue for Pershing. The insurance companies listed below are in highest-to-lowest order for their 2013 gross dollar payments to Pershing.

Insurance Companies

1. Jackson National Life 20. Forethought
2. Western National 21. American National
3. Prudential 22. Riversource
4. Nationwide Life 23. Symetra
5. Pacific Life 24. Liberty Life
6. MetLife 25. Commonwealth Annuity
7. Lincoln National Life 26. John Hancock
8. Western Southern Life 27. Allstate
9. Principal Life 28. Great American Life
10. New York Life 29. Protective Life
11. TransAmerica/AEGON 30. CMFG
12. Hartford Life 31. Reliance Standard
13. AXA 32. Minnesota Life
14. Security Benefit 33. Penn Mutual
15. Allianz 34. Universal Life
16. SunAmerica 35. Jefferson National
17. Genworth 36. Guardian
18. ING 37. Ohio National Life
19. Sun Life 38. Ameritas

 

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