If you have a "total relationship value" of $25,000 or more with Wells Fargo, you can get a "Portfolio Management Account" ("PMA") for no monthly charge. The PMA has all kinds of benefits, including no fees for withdrawals from non-Wells ATMs or for travelers' cheques. The total relationship value includes savings and checking accounts, credit card and home equity line balances, investment account balances, and (oddly) 10% of mortgage balances. In particular, if you have an IRA of more than $25,000 held by the investment side of Wells, you qualify for a PMA and all kinds of benefits. I moved my IRA, which I manage myself anyway, to Wells just to get a PMA. The transaction fees for a self-managed online account are competitive, so why not?

Disclosure: I don't work for Wells Fargo, though I own a few shares of WFB stock.