Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: Kestra (Kestra Private Wealth Services / Kestra Advisory Services) discloses a maximum, individually negotiated rate of 2.5% in its Kestra Advisory Services, LLC Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (August 20, 2026). Converted to dollars, that runs $12,500 a year on a $500,000 account; see the full table below for $250,000, $1 million and $2 million.
The published numbers
From the Kestra Advisory Services, LLC Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (August 20, 2026): “All fees are negotiable, subject to the maximum amount set forth below. FSP Fee Schedule Fee Type Assets Minimum Maximum Manager Fee $5,000+ 0.02% 0.45% Advisor Fee $5,000+ 0.00% 2.48% Client Fee $5,000+ 0.02% 2.50% … Client Fee is the sum of the Advisor Fee plus the Manager Fee. In instances where the maximum Advisor Fee plus the Manager Fee would exceed 2.5 percent, the Advisor fee is reduced so the Client Fee does not exceed 2.5 percent.”
The published maximum: 2.5% per year (Fund Strategist Portfolios (FSP) Program – Client Fee (Advisor Fee + Manager Fee), $5,000+ accounts: 0.02% min – 2.50% max; Separately Managed Accounts (SMA) Program – Client Fee, $100,000+ accounts: 0.02% min – 2.50% max; Unified Managed Account (UMA) Program – Client Fee, $5,000+ accounts: 0.02% min – 2.50% max; APM-Wrap / most other AdvisorEnterprise programs – Maximum Client Fee: 2.50%; One passive/index-model program – Maximum Client Fee (lower cap): 1.50%).
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $6,250 | 2.50% |
| $500,000 | $12,500 | 2.50% |
| $1,000,000 | $25,000 | 2.50% |
| $2,000,000 | $50,000 | 2.50% |
Kestra’s advisory fee is entirely advisor-negotiated within a published floor/ceiling band; across its AdvisorEnterprise programs (FSP, SMA, UMA, APM-Wrap, etc.) the Client Fee ranges from about 0.02% up to a firm-wide Maximum Client Fee of 2.5% (one narrower passive-model program caps at 1.5%). No fixed dollar-bracket schedule is disclosed – the rate a given client pays is set individually by their Advisor within that band. dollar_at values apply the 2.5% ceiling uniformly as the worst-case maximum (250,000 x 0.025 = $6,250; 500,000 x 0.025 = $12,500; 1,000,000 x 0.025 = $25,000; 2,000,000 x 0.025 = $50,000). Kestra Private Wealth Services, LLC (CRD 155193, SEC file 801-71936), the second Kestra RIA entity, publishes an identical negotiable/2.5%-ceiling structure in its own Form ADV Part 2A/Appendix 1 brochures (also downloaded to sources/kestra/), so the two entities are not in conflict; Kestra Advisory Services was used as the primary citation as the larger/parent RIA (formerly NFP Advisor Services).
How this compares
Our benchmark of published adviser fee schedules puts the weighted median annual cost near $2,000 to $2,500 on $250,000 (the benchmark). At $500,000, Kestra (Kestra Private Wealth Services / Kestra Advisory Services)’s own published rate runs $12,500 a year.
Comparing Kestra (Kestra Private Wealth Services / Kestra Advisory Services) against a full move? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
Compare your next step
Just comparing fees? Keep reading the fee guide.Optional next step
Explore an adviser match
Compare the services and the full fee before deciding whether to hire anyone.
- No fee to request a match
- No obligation to hire
Expect questions about your situation, your name, email and phone, and phone verification by text. A match is not guaranteed.
The form is run by Kapitalwise, our advisor-matching partner. Kapitalwise sends your details to advisers who pay for the introduction, so expect calls and texts. Clear Money Guide is paid when you submit the form, whether or not you ever hire anyone. This is free to you and there is no obligation to hire anyone.
Opens here. Nothing loads and nothing reaches Kapitalwise until you press the button.
How our partner relationships workCompare an adviser match before you decide
Ask about the full fee, what it covers and how the adviser is paid. A match is an introduction, not a recommendation from Clear Money Guide.
- Free matching service
- No obligation to hire
The matching service is run by WiserAdvisor, an independent advisor-matching company. It opens on their site, asks for your ZIP code and a few questions, and matches you with 2 to 3 vetted advisors. It is free to you. WiserAdvisor states the service is built for portfolios of $250,000 and above. By submitting, you consent to emails, phone calls and text messages from WiserAdvisor and up to three advisors, so expect to be contacted. Advisers pay for the introduction. Clear Money Guide is paid when you complete the form, whether or not you ever hire anyone. There is no obligation to hire anyone.
Continue to WiserAdvisorOpens on WiserAdvisor’s site in a new tab.
Source: WiserAdvisor’s service descriptionSources
- Kestra Advisory Services, LLC Wrap Fee Program Brochure (Form ADV Part 2A, Appendix 1) (August 20, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055475
- SEC Investment Adviser Public Disclosure, Kestra Advisory Services, LLC (“Kestra AS”) (CRD #283330): https://adviserinfo.sec.gov/firm/summary/283330
- Kestra Advisory Services, LLC (“Kestra AS”), SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/283330/PDF/283330.pdf
Methodology. This page was built September 18, 2026, drawing on Kestra (Kestra Private Wealth Services / Kestra Advisory Services)’s own SEC-filed disclosure and, where cited, its published fee schedule, with sources linked above; any figure we could not independently confirm this session is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
Is Kestra (Kestra Private Wealth Services / Kestra Advisory Services) a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
What does it take to open an account? See Kestra (Kestra Private Wealth Services / Kestra Advisory Services)’s minimum investment, straight from its own Form ADV Part 2A brochure.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Charles Schwab.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Empower Personal Wealth.
Thinking about leaving Kestra Financial instead of pricing what you would pay to stay? See what it costs to leave, or read the general mechanics of switching financial advisors.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs TIAA Wealth Management.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Creative Planning.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs SoFi Invest, vs Vanguard Personal Advisor, vs Betterment Premium.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Buckingham Strategic Wealth.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs CAPTRUST, vs Fidelity Wealth Management.
Weighing whether to move ahead? Read the full Kestra (Kestra Private Wealth Services / Kestra Advisory Services) review, including its fiduciary status and what it costs to leave.
Comparing Kestra (Kestra Private Wealth Services / Kestra Advisory Services) against other options? See Kestra (Kestra Private Wealth Services / Kestra Advisory Services) alternatives, including a lower-fee full-service firm, a flat-fee route, and a robo/hybrid.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Edward Jones.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Fisher Investments, vs Savant Wealth Management, vs Wealth Enhancement Group.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Thrivent.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Edelman Financial Engines, vs Northwestern Mutual.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Primerica.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Merrill Lynch.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Ameriprise.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Baird, vs J.P. Morgan, vs Lincoln Financial Advisors.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Mercer, vs Wells Fargo Advisors.
See how Kestra (Kestra Private Wealth Services / Kestra Advisory Services) compares directly, dollar for dollar: vs Morgan Stanley, vs LPL.