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Updated September 18, 2026. Quick answer: Citizens Private Wealth discloses a tiered schedule starting at 1.50% in its Citizens Private Wealth, LLC (f/k/a Clarfeld Financial Advisors, LLC) Wrap Fee Program Brochure, Form ADV Part 2A Appendix 1 (July 6, 2026). Converted to dollars, that runs $7,500 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 Citizens Private Wealth, LLC (f/k/a Clarfeld Financial Advisors, LLC) Wrap Fee Program Brochure, Form ADV Part 2A Appendix 1 (July 6, 2026): “CPW’s standard advisory fee schedule is set out below: Market Value of Portfolio Annual Fee – First $2,000,000 1.50%; Next $3,000,000 1.25%; Next $5,000,000 1.00%; Next $15,000,000 0.85%; Next $25,000,000 0.70%; Assets in excess of $50,000,000 0.55%.”
- First $2,000,000: 1.50%
- Next $3,000,000 (i.e., $2,000,000 to $5,000,000): 1.25%
- Next $5,000,000 (i.e., $5,000,000 to $10,000,000): 1.00%
- Next $15,000,000 (i.e., $10,000,000 to $25,000,000): 0.85%
- Next $25,000,000 (i.e., $25,000,000 to $50,000,000): 0.70%
- Assets in excess of $50,000,000: 0.55%
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $3,750 | 1.50% |
| $500,000 | $7,500 | 1.50% |
| $1,000,000 | $15,000 | 1.50% |
| $2,000,000 | $30,000 | 1.50% |
This is a marginal (tax-bracket-style) schedule computed from $0: the first $2,000,000 of any portfolio is charged 1.50%, with lower marginal rates applying only to the portion of assets above $2,000,000. All four requested balances ($250,000/$500,000/$1,000,000/$2,000,000) fall within or at the top of the first $2,000,000 bracket, so dollar_at = balance x 0.015 for each; no blending across brackets is needed since none of the four balances exceeds $2,000,000. No minimum dollar fee or minimum account size is disclosed (Item 7 states CPW imposes no minimum account size and no minimum invested amount).
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, Citizens Private Wealth’s own published rate runs $7,500 a year.
Comparing Citizens 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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- Citizens Private Wealth, LLC (f/k/a Clarfeld Financial Advisors, LLC) Wrap Fee Program Brochure, Form ADV Part 2A Appendix 1 (July 6, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051015
- SEC Investment Adviser Public Disclosure, Citizens Private Wealth, LLC (f/k/a Clarfeld Financial Advisors, LLC) (CRD #106743): https://adviserinfo.sec.gov/firm/summary/106743
- Citizens Private Wealth, LLC (f/k/a Clarfeld Financial Advisors, LLC), SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/106743/PDF/106743.pdf
Methodology. This page was built September 18, 2026, drawing on Citizens 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 Citizens Private Wealth a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
Thinking about leaving Citizens 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 Citizens Private Wealth’s minimum investment, straight from its own Form ADV Part 2A brochure.
Weighing whether to move ahead? Read the full Citizens Private Wealth review, including its fiduciary status and what it costs to leave.
Comparing Citizens Private Wealth against other options? See Citizens Private Wealth alternatives, including a flat-fee route and a robo/hybrid, plus a lower-fee full-service firm.