A brokerage account with Modern Woodmen of America allows you to buy and sell securities such as stocks, mutual funds, corporate and municipal bonds, treasury securities and unit investment trusts. Comprehensive asset management accounts also allow you to combine your brokerage, check-writing, money market fund and Visa debit card activity into a cohesive package, which is reported to you on a single consolidated statement.

Advantages  

Automatic reinvestment 
Dividends and capital gains from your portfolio holdings can be automatically reinvested, allowing those assets to continue to grow.  Alternatively, you can have your distributions deposited in a money market fund, making them readily available.  

Cost-basis calculations
Cost-basis calculations are shown on Modern Woodmen brokerage account statements.  These calculations make it easy for you to determine the potential gain or loss you might incur, before you commit your funds.  

Margin accounts
Margin accounts may be opened for sophisticated investors seeking to leverage their buying power.  In margin accounts, borrowing power is used to purchase additional securities or as a line of credit, extending your financial reach.  The amount you borrow will accrue interest charges, and your available credit limit will be determined by considering the value of your marginable securities.  

Account options
Our Regular Brokerage Account features:

• $1,000 minimum initial investment.
• No opening costs or minimum account balances.
• Monthly statements, if any investment activity.
• $0 annual fee.1
• Most common account opened.

If you are looking for an asset management program with enhanced flexibility, you have access to a range of Corestone® accounts to meet your different needs:

	Corestone® Account
Benefit	Silver or Silver Plus2	Gold	Platinum
Unlimited check-writing	●	●	●
Direct deposit	●	●	●
Voice response service	●	●	●
Free bill payment and electronic presentment	●	●	●
Visa debit card	Silver Plus only	●	●
24 x 7 customer service	Silver Plus only	●	●
Expense coding		●	●
Enhanced cost basis		●	●
Statement breakout sections and year-end account summary of expenses by category		●	●
Dividend reinvestment		●	●
No charge access to network ATM machines	Silver Plus only, up to $500 daily	Up to $1,500 daily	Up to $3,000 daily
Fee reimbursement on non-network ATMs		Yes, monthly limits may apply	Yes, monthly limits may apply
Discount on standard personal check		20% off list (effective 2012)	40% off list (effective 2012)
Free stop payment orders			●

Many other features are available within the various Corestone® Accounts.

Review Corestone® fees and financial terms, Corestone Pricing

Access to investments
Within your brokerage account, you can buy and sell:  

Stocks
Stocks listed on the New York Stock Exchange (NYSE), American Stock Exchange (AMEX) or NASDAQ exchanges can be traded, as well as unlisted stocks that trade over the counter.   

Bonds
Through a Modern Woodmen brokerage account, you can access the following types of bonds.

• Corporate bonds
• Municipal bonds
• Treasuries
• Agencies (GNMA, FNMA)
• CMOs
• Asset-backed securities              

Mutual funds
You can easily secure the benefits of diversification and professional money management by choosing from our selection of more than 10,000 mutual funds.  

Control
With a Modern Woodmen brokerage account, you can control an entire investment portfolio from one account.