CostGuide

Legal & Financial, New York

Financial Advisor cost in New York, NY

This fee does not move much with local prices, so New York sits near the national figure of about 1% of assets managed, per year.

Typical cost

Typical in New York

1%

of assets managed, per year

Fair price range: 0.5% to 1.5%

On the low end
0.5%
On the high end
1.5%

This is a percentage fee, so it does not change with local prices. Insurance, coverage, and the details of your situation can change the real number a lot. Not a quote.

Is your quote fair?

Enter the price you were quoted (of assets managed, per year) to see where it falls in New York, NY. CostGuide does not save what you enter.

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An estimate for planning, not a quote. A local pro prices your actual job.

How prices have moved

Up 3.1%past year

Up 23.9%over five years

How prices for services other than rent have moved nationally, from the U.S. Bureau of Labor Statistics Consumer Price Index (Services less rent of shelter, CUUR0000SASL2RS), through August 2026. It tracks price change, not the dollar prices on this page.

What moves the price

  1. AUM vs hourly
  2. Fiduciary
  3. Product sales
  4. Planning only
  5. Account size

Ways to pay less

  1. Prefer fee-only fiduciaries
  2. Ask for hourly planning
  3. Avoid product commissions
  4. Consolidate accounts
  5. Review fees annually

Financial Advisor in similar cities

PlaceTypicalRange
New York, NY1%
0.5% to 1.5%
National typical1%
0.5% to 1.5%
Yonkers, NY1%
0.5% to 1.5%
Albany, NY1%
0.5% to 1.5%
Rochester, NY1%
0.5% to 1.5%
San Francisco, CA1%
0.5% to 1.5%
Honolulu, HI1%
0.5% to 1.5%

Other Legal & Financial costs in New York

Financial Advisor in every cityEverything in New YorkAll Legal & Financial services

Questions people ask

Financial Advisor in New York: what does it cost?

In New York, NY, Financial Advisor typically costs about 1% of assets managed, per year, with most prices between 0.5% and 1.5%.

Why is New York the same as the national price?

Percentage fees and fees set largely by state rules do not rise or fall with local rents and wages, so the estimate is not adjusted by city.

Is this a quote?

No. It is an estimate built from national price data and local cost of living. A local pro will price your actual job.