Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: Mercer Advisors is a registered investment adviser. Per its own current fee brochure, a $500,000 account would run $15,000 a year under its published fee schedule; the minimum to open an account is no published minimum account size, but a $15,000-a-year minimum fee for Custom Wealth. Already a client and thinking about leaving? Budget $0 from Mercer itself; custodian-dependent. Is it a fiduciary? Yes, as a registered investment adviser, on the advisory services this page covers.
Mercer Advisors at a glance
| Fact | What Mercer Advisors’ own pages say |
|---|---|
| Legal entity | Mercer Global Advisors Inc. |
| Registration | Mercer Global Advisors Inc. (“Mercer Advisors”) is an investment adviser registered with the Securities and Exchange Commission (SEC). |
| Fee on a $500,000 account | $15,000 a year, per its own current brochure |
| Minimum to open an account | No published minimum account size, but a $15,000-a-year minimum fee for Custom Wealth |
| Cost to leave (exit fee) | $0 from Mercer itself; custodian-dependent |
What Mercer Advisors’ own fee schedule charges
“WEALTH MANAGEMENT TIERED ADVISORY FEES, PERCENTAGE OF ASSETS MANAGED: First $1,000,000, 1.10%; Next $1,000,000, 1.00%; Next $3,000,000, 0.90%; Next $5,000,000, 0.75%; Over $10,000,000, 0.50%. Minimum Fee, $15,000.”
Mercer’s Custom Wealth tier carries a $15,000 annual minimum fee. The raw percentage math at $250,000, $500,000 and $1,000,000 (roughly $2,750 to $11,000) is overridden by that floor, so the actual billed fee at each of those balances is the flat $15,000 minimum; the percentage schedule only governs once assets are large enough to exceed it, which happens above roughly $1,360,000.
| Account balance | Annual fee |
|---|---|
| $250,000 | $15,000 |
| $500,000 | $15,000 |
| $1,000,000 | $15,000 |
| $2,000,000 | $21,000 |
See the full breakdown, including how the figure is calculated, on Mercer Advisors’ own fee page.
Is Mercer Advisors a fiduciary?
Mercer Global Advisors Inc. (“Mercer Advisors”) is an investment adviser registered with the Securities and Exchange Commission (SEC).
“When we act as your investment adviser, we have to act in your best interest and put your interests ahead of ours.”
When providing brokerage services, our financial professionals, in their separate capacity, are paid commissions based on the securities clients buy and sell.
Full detail, including the exact registration type and source: Mercer Advisors’ fiduciary status, explained.
The minimum to open an account
“Custom Wealth-Standard Annual Fee Schedule, WEALTH MANAGEMENT TIERED ADVISORY FEES-PERCENTAGE OF ASSETS MANAGED: First $1,000,000 1.10%; Next $1,000,000 1.00%; Next $3,000,000 0.90%; Next $5,000,000 0.75%; Over $10,000,000 0.50% Minimum Fee $15,000”
No published minimum account size, but a $15,000-a-year minimum fee for Custom Wealth. See the full minimum-investment breakdown, including what that minimum would cost per year, on Mercer Advisors’ minimum investment page.
What it costs to leave
Mercer Advisors’ own Form ADV prorates fees to the termination date with any prepaid balance refunded and charges nothing itself to leave; what you pay to move the assets depends on your custodian (Schwab, Fidelity, Raymond James, or National Financial Services).
Full mechanics, sources, and the ACATS transfer process: how to leave Mercer Advisors.
What we would compare it against
Before you decide, run the numbers against another firm using the financial advisor fee comparison, or price the dollar cost of any percentage fee over time with the Financial Advisor Fee Calculator and the Fee Drag Calculator.
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Source: WiserAdvisor’s service descriptionSources
- Mercer Global Advisors Inc. Form ADV Part 2A Client Brochure (Custom Wealth / Wealth Management schedule) (March 30, 2026): https://www.merceradvisors.com/disclosures/
- Form CRS (Client Relationship Summary) (August 1, 2026): https://reports.adviserinfo.sec.gov/crs/crs_147363.pdf
- SEC Investment Adviser Public Disclosure, Mercer Global Advisors Inc. (CRD #147363): https://adviserinfo.sec.gov/firm/summary/147363
- Mercer Global Advisors Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/147363/PDF/147363.pdf
Methodology. This page was built September 18, 2026, drawing directly on Mercer Advisors’ own current fee brochure and Form CRS, both linked above, plus this site’s own already-published fiduciary, minimum-investment, and (where one exists) how-to-leave pages for the same firm, each independently sourced when it was built. Any distinction 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, and it is not a substitute for reading Mercer Advisors’ own Form ADV Part 2A and Form CRS. We have not used Mercer Advisors as a client. Mercer Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.