Legal & Financial

Financial Advisor cost in the US

Nationally, Financial Advisor runs about 1% of assets managed, per year. This fee does not move much with local prices, so it looks similar in every city.

Typical cost

Most people pay about

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.

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 every city

Typical estimate for each city. Open one for the full range.

District of Columbia
Maryland
Mississippi
New Hampshire
North Dakota
Rhode Island
South Dakota

Questions people ask

Financial Advisor: what does it cost?

Across the US, Financial Advisor typically costs about 1% of assets managed, per year, with most prices between 0.5% and 1.5%.

Is this a quote?

No. These figures are estimates built from national price data and each city's cost of living. A local pro will price your actual job.