Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: BMO Private Wealth discloses a tiered schedule starting at 1.00% in its Stoker Ostler Wealth Advisors Inc. Form ADV, Part 2A (March 31, 2026). Converted to dollars, that runs $5,000 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 Stoker Ostler Wealth Advisors Inc. Form ADV, Part 2A (March 31, 2026): “Our standard fees are based on a specified annual percentage rate of the client’s assets under management… Current fee schedule (billable on total assets under management): 1% on the first $3 million; 0.85% on the next $2 million; 0.65% on the next $5 million; 0.55% on assets above $10 million.”
- First $3,000,000: 1.00%
- Next $2,000,000 (to $5,000,000): 0.85%
- Next $5,000,000 (to $10,000,000): 0.65%
- Over $10,000,000: 0.55%
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $2,500 | 1.00% |
| $500,000 | $5,000 | 1.00% |
| $1,000,000 | $10,000 | 1.00% |
| $2,000,000 | $20,000 | 1.00% |
CRD CORRECTION: the hinted CRD 137115 (‘BMO Harris Financial Advisors, Inc.’) is verified via SEC IAPD to have had its SEC investment-adviser registration TERMINATED effective 8/2/2021 (firmStatus ‘Terminated’, last brochure March 2021); it no longer exists as a registered adviser. ‘BMO Private Wealth’ is now a brand name used by two separate current BMO Financial Group US entities: BMO Family Office, LLC (CRD 110264, minimum discretionary account size $50 million with a $250,000 minimum annual fee, and a published tiered schedule that only starts at a $30 million first bracket) and Stoker Ostler Wealth Advisors, Inc. (CRD 111320, ‘a part of BMO Financial Group,’ typical account minimum $500,000). Because BMO Family Office’s schedule and minimums do not apply at all at the $250k-$2M balances this page targets, Stoker Ostler – whose stated $500,000 typical minimum and fee schedule directly cover this range – is used instead. All four balances ($250k/$500k/$1M/$2M) fall entirely within the first $3,000,000 bracket at 1%, so each dollar_at figure is simply balance x 0.01: $2,500 / $5,000 / $10,000 / $20,000. No dollar minimum annual fee is disclosed (only the $500,000 typical account minimum).
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, BMO Private Wealth’s own published rate runs $5,000 a year.
Comparing BMO Private Wealth against a full move? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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- Stoker Ostler Wealth Advisors Inc. Form ADV, Part 2A (March 31, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037081
- SEC Investment Adviser Public Disclosure, Stoker Ostler Wealth Advisors, Inc. (CRD #111320): https://adviserinfo.sec.gov/firm/summary/111320
- Stoker Ostler Wealth Advisors, Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/111320/PDF/111320.pdf
Methodology. This page was built September 18, 2026, drawing on BMO Private Wealth’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 BMO Private Wealth a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
Thinking about leaving BMO Private Wealth instead of pricing what you would pay to stay? See what it costs to leave, or read the general mechanics of switching financial advisors.
What does it take to open an account? See BMO Private Wealth’s minimum investment, straight from its own Form ADV Part 2A brochure.
Weighing whether to move ahead? Read the full BMO Private Wealth review, including its fiduciary status and what it costs to leave.
Comparing BMO Private Wealth against other options? See BMO Private Wealth alternatives, including a flat-fee route and a robo/hybrid, plus a lower-fee full-service firm.
How does this compare? See the annual fee on $500,000 at 165 advisory firms, each from the firm’s own filing.