TradePMR, Inc. ("TradePMR”) TradePMR Asset Match Program (“TradePMR Match,” “Asset Match,” or “Match”) is subject to these Terms & Conditions (“Terms”).
Eligibility. The TradePMR Asset Match Program is available to customers who: (1) have or open any eligible account type offered by TradePMR with TradePMR (“TradePMR Account”), managed by an investment adviser not affiliated with TradePMR under a written investment advisory agreement, and (2) within the Offer Period, initiate a “Qualifying Transfer” (as defined below) successfully deposited within the Offer Period new funds or eligible investments to their TradePMR Account, either through a cash deposit or a transfer of eligible securities from another financial institution ("Qualifying Transfer").
Definitions
1. Eligible Securities. Securities and Options offered on the TradePMR platform. Eligible Securities does
not include:
- Private Placements;
- Mutual Funds held directly and not listed on an exchange;
- Unlisted Interval and Closed End funds;
- Restricted Securities not available for public trading;
- Swaps and other over-the-counter derivatives;
- Control Shares;
- Annuities; or
- Any security not held in a TradePMR account.
2. Offer Period. Between October 1, 2025 at 12:00 AM ET and March 31, 2026 at 11:59 PM ET. TradePMR may modify these dates without notice.
3. TradePMR Account.The following account types offered by TradePMR:
- Individual
- Joint
- Trust
- Tenants in Common
- Tenants by Entirety
- Guardian/Conservatorship
- Uniform Transfer to Minors Act (UTMA)
- Uniform Gift to Minors Act (UGMA)
- Individual Retirement Account
- Inherited Individual Retirement Account (see 4. qualifying transfer exclusion below)
- Estate (see 4. qualifying transfer exclusion below)
- Corporate, Business, and Non-Profit
TradePMR Account does not include the following account types:
- Adviser Sundry Accounts
- Qualified Plans
- Delivery vs Payment (DVP) Accounts
- 529 Accounts
TradePMR may amend the definition of TradePMR Account at any time in its sole discretion.
4. Qualifying Transfer. A transfer of new assets (from an external source) to a TradePMR Account through (i) cash deposit or (ii) a transfer of Eligible Securities. (Internal sub-firm transfers from Wells Fargo Clearing Services, LLC, Wells Fargo Advisors Financial Network, LLC, or Wells Fargo Securities, LLC are excluded from this definition and are not a Qualifying Transfer.)
5. Net Transferred Asset Value. The total value of cash deposits and Eligible Securities transferred to a TradePMR Account, less any withdrawals or transfers out of the account during the Offer Period.
TradePMR reserves the right to determine eligibility for the Match in its sole and absolute discretion.
Offer. TradePMR Deposit Match. For eligible TradePMR customers who contribute within the Offer Period, TradePMR will provide one-half of one percent (0.5%) of the value of a customer’s deposits to their TradePMR Account, subject to a five-year earn-out period as detailed in the Limitations section below. The Match will be earned if, on the 10th day of the calendar month following the month in which you made your deposit, you have not withdrawn any portion of your deposit. The Match will be credited to your account within one day of when it has been earned, or on the next business day if that day falls on a weekend, holiday, or any day on which the New York Stock Exchange is closed. If you have withdrawn any portion or all of your deposit prior to the 10th day of the calendar month following the month in which you made your deposit, you will not have earned the Match on that portion withdrawn
Limitations. If, at any time during the five (5) year period that begins on the calendar day the Match (or any portion thereof) is credited to the TradePMR Account (the “Clawback Period”) the customer initiates, authorizes, or otherwise causes a transfer, withdrawal, distribution, or other outflow of assets from the TradePMR Account (each, a “Withdrawal”) such that immediately after the completion of the Withdrawal, the value of the TradePMR Account is less than the Customer’s Net Transferred Asset Value exclusive of any Match previously credited, the Customer will be deemed to have triggered an Early Removal Fee equal to the Pro-Rata Clawback Amount, which will apply to the account as payment for services from TradePMR, separate from and above any ACATS out fee. The Early Removal Fee will be calculated with respect to all of the customer’s accounts at TradePMR if the customer has multiple accounts. Any transfer or withdrawal outside of TradePMR, or to any third-party whether or not at TradePMR, will potentially implicate the Early Removal Fee. The Pro-Rata Clawback Amount will be determined separately for each Match credit and will equal: Match Paid × Withdrawal Percentage × Time-Remaining Percentage where: (a) Match Paid is the dollar amount of the Match previously credited with respect to the Net Transferred Asset Value that remains subject to the Clawback Period; (b) Withdrawal Percentage is the fraction, expressed as a percentage, obtained by dividing (i) the dollar amount of the Withdrawal that causes the Account value to fall below the Net Transferred Asset Value (exclusive of any Match) by (ii) the Net Transferred Asset Value in effect immediately prior to such Withdrawal; and (c) Time-Remaining Percentage is the fraction, expressed as a percentage, obtained by dividing (i) the number of calendar days remaining in the five-year Clawback Period as of the date the Withdrawal settles by (ii) 1,827 (the total number of days in a five-year period, assuming one leap year). For the avoidance of doubt:
- If multiple Match credits have been earned, the calculation above will be performed independently for each outstanding Match credit, and the resulting amounts will be aggregated.
- If the Account value following the Withdrawal is not less than the Net Transferred Asset Value (exclusive of any Match), no Early Removal Fee is due with respect to that Withdrawal.
- Partial Withdrawals that subsequently reduce the Account value below the required threshold may each trigger an additional Early Removal Fee calculated pursuant to this Clause. If the customer has cash available in their account, this Early Removal Fee will be deducted from their available cash balance. If the customer has insufficient cash available in their account to pay the Early Removal Fee, TradePMR reserves the right to collect this fee from any other accounts held by the customer at TradePMR, subject to applicable laws and regulations, or pursue collection through appropriate legal channels. By accepting these Terms, the customer authorizes TradePMR to liquidate positions in their account as necessary to satisfy any outstanding Early Removal Fee, with such liquidation occurring in accordance with TradePMR's standard liquidation procedures or, as applicable, to cover account deficits created by the Early Removal Fee. TradePMR may, in its sole and absolute discretion, waive any portion or all of the Early Removal Fee. A waiver on one occasion shall not be deemed a waiver on any subsequent occasion.
The TradePMR Asset Match is not available with respect to deposits alongside other TradePMR match promotions. In other words, a customer can only earn this offer once for each eligible deposit across TradePMR promotions, and this offer may not be added to other TradePMR promotions that the customer may also be eligible for. The provision of the Match may be delayed for any reason. In the event that TradePMR determines in its sole discretion that there may have been fraudulent activity or a violation of these Terms in connection with the Match, TradePMR reserves the right to either decline to grant the Match, or to rescind or liquidate the Match, or any security or any related dollar proceeds derived from the Match. While the Match will be credited to the customer’s TradePMR Account by the end of the month in which the customer has fulfilled the conditions of the Offer, this timeline may be delayed in TradePMR’s sole discretion if, for example, TradePMR determines that there are indications of fraud or a violation of these Terms.
The amount of the Match is calculated based on one half of one percent (0.5%) of the total of the deposited or transferred cash plus transferred Eligible Securities and options, using the national market system closing price of each position transferred into the account on the last trading day prior to settlement. Settlement is deemed to occur when the securities are posted to the account and available to trade. Please note that the Match is only available for Eligible Securities that successfully transfer and settle, and will not be granted for securities that are rejected.
If a customer’s contribution results in a Match amount that includes a fraction of a dollar smaller than $0.01, no Match will be paid.
The TradePMR Account Asset Match is not available for certain specialty account types as determined by TradePMR in accordance with applicable regulations and its account policies.
The Customer’s obligation to pay the Early Removal Fee survives the termination, liquidation, or transfer of the TradePMR Account and will continue until the earlier of (i) full satisfaction of all Early Removal Fees due and payable; (ii) the death of the primary accountholder; or (iii) the expiration of the five (5) year Clawback Period.
Recommendations. The TradePMR Asset Match is not a recommendation of any investment or investment strategy and is not a recommendation that a customer roll over or transfer assets into a TradePMR IRA or any other account. By participating in the TradePMR Asset Match, the customer represents that neither TradePMR nor any TradePMR affiliate has recommended any rollover or transfer to the TradePMR Account. A rollover into a TradePMR IRA is one of four options. The other options include: (1) leaving the assets in your former employer's plan (if permitted); (2) rolling over the assets to your new employer's plan (if one is available and rollovers are permitted); or (3) cashing out the account value, understanding that this may result in significant tax consequences and potential penalties.
TradePMR, through the Match, does not intend to, and shall not be deemed to, provide any benefit of deferred compensation or create an employee pension benefit plan or any other employee benefit plan subject to the Employee Retirement Income Security Act of 1974 (ERISA). This Match program is separate and distinct from any employer-sponsored retirement plans offered by TradePMR or Robinhood Markets Inc. (such as its 401(k) plan it offers to its employees).
TradePMR reserves the right to change the offer terms or terminate the offer at any time without notice. The offer is not transferable, saleable, or valid in conjunction with certain other offers and is available only to U.S. residents who meet all applicable legal and regulatory requirements. The offer is only available for personal use and may not be used for commercial purposes.
Taxes. TradePMR’s clearing firm reports the Match to the IRS as interest or as miscellaneous income earned by the account for tax reporting purposes, depending upon the underlying asset that constitutes a Qualifying Transfer. The interest amount is based on a percentage of deposits made into the account. For retirement accounts, the interest earned will not be subject to, or impact, any applicable maximum annual dollar contribution limits or maximum annual deductible amounts. The Match may have tax implications depending on your account type and circumstances. TradePMR does not provide tax advice. Please consult a tax advisor.
