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Updated September 18, 2026. Quick answer: Janney Montgomery Scott discloses a maximum, individually negotiated rate of 2.0% in its Janney Montgomery Scott LLC Managed Account (Wrap Fee) Program Disclosure Brochure (June 30, 2026). Converted to dollars, that runs $10,000 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 Janney Montgomery Scott LLC Managed Account (Wrap Fee) Program Disclosure Brochure (June 30, 2026): “Janney offers Clients a choice between two primary advisory fee structures: a flat fee schedule and a tiered fee schedule, each based on a percentage of assets under management and subject to negotiation. … Flat Fee Schedule: Program Type All Advisory Programs, Maximum FA Fee Up to 2.00%. Tiered Fee Schedule (Household-Based): Advisory Household Assets First $500,000 / next $500,000 / next $1,000,000 / next $3,000,000 / next $5,000,000 / next $15,000,000 / over $25,000,000, Maximum FA Fee Up to 2.00% [applies uniformly across every tier].”
The published maximum: 2.0% per year.
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $5,000 | 2.00% |
| $500,000 | $10,000 | 2.00% |
| $1,000,000 | $20,000 | 2.00% |
| $2,000,000 | $40,000 | 2.00% |
Janney’s own published table sets the identical ‘Up to 2.00%’ maximum FA fee for every tier of its household-based schedule and for its flat-fee schedule alike – there is no declining marginal rate published, only a single individually-negotiated ceiling that happens to be presented in a tiered-looking table. Because the rate does not actually vary by bracket, this is treated as a ceiling fee_type at 2.00%, and dollar_at = balance x 0.02 at each balance.
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, Janney Montgomery Scott’s own published maximum rate runs up to $10,000 a year.
Thinking about leaving Janney Montgomery Scott instead of pricing what you would pay to stay? See what it costs to leave, or read the general mechanics of switching financial advisors.
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- Janney Montgomery Scott LLC Managed Account (Wrap Fee) Program Disclosure Brochure (June 30, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1050308
- SEC Investment Adviser Public Disclosure, Janney Montgomery Scott LLC (CRD #463): https://adviserinfo.sec.gov/firm/summary/463
- Janney Montgomery Scott LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/463/PDF/463.pdf
Methodology. This page was built September 18, 2026, drawing on Janney Montgomery Scott’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 Janney Montgomery Scott 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 Janney Montgomery Scott’s minimum investment, straight from its own Form ADV Part 2A brochure.
Weighing whether to move ahead? Read the full Janney Montgomery Scott review, including its fiduciary status and what it costs to leave.
Comparing Janney Montgomery Scott against other options? See Janney Montgomery Scott alternatives, including a flat-fee route and a robo/hybrid, plus a lower-fee full-service firm.