David Theis

Fee-Only Financial Advisors bundles investment management together with financial planning for a single annual fixed fee. Because fees are based on your overall situation rather than a strict percentage of your portfolio, what you pay depends on factors like complexity, the scope of planning required, and the size of your portfolio.

• General minimum annual fee — $10,000 per year ($5,000 paid semi-annually) for new clients
• Example pricing for different portfolio and complexity levels:
  • $1 million portfolio with basic planning — $10,000 to $15,000 for the first year
  • $3 million portfolio with moderate complexity — $15,000 to $25,000 for the first year
  • $5 million portfolio with higher complexity — $25,000 to $35,000 for the first year
  • $10 million portfolio with significant complexity — $35,000 to $60,000 for the first year

Fees generally remain similar in subsequent years, subject to cost-of-living adjustments.