CostGuide

Legal & Financial, South Dakota

Financial Advisor cost in Sioux Falls, SD

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

Typical cost

Typical in Sioux Falls

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 Sioux Falls, SD. 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
Sioux Falls, SD1%
0.5% to 1.5%
National typical1%
0.5% to 1.5%
Albuquerque, NM1%
0.5% to 1.5%
Columbia, SC1%
0.5% to 1.5%
Des Moines, IA1%
0.5% to 1.5%
Greensboro, NC1%
0.5% to 1.5%
Huntsville, AL1%
0.5% to 1.5%

Other Legal & Financial costs in Sioux Falls

Financial Advisor in every cityEverything in Sioux FallsAll Legal & Financial services

Questions people ask

Financial Advisor in Sioux Falls: what does it cost?

In Sioux Falls, SD, Financial Advisor typically costs about 1% of assets managed, per year, with most prices between 0.5% and 1.5%.

Why is Sioux Falls 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.