Guides › Financial Advisor Fees
Updated September 24, 2026. Quick answer: KeyBank Private Wealth discloses a whole-balance breakpoint schedule starting at 1.40% in its Key Investment Services LLC Form ADV Part 2A Appendix 1 (Wrap Fee Program Brochure) (March 30, 2026). Converted to dollars, that runs $7,000 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 Key Investment Services LLC Form ADV Part 2A Appendix 1 (Wrap Fee Program Brochure) (March 30, 2026): “The following fee schedule applies to the KIS Advisory Fee: Portfolio Value $0-$1,000,000 = 1.40%; Portfolio Value $1,000,001+ = 1.00%. Only the KIS Advisory Fee portion of the Program Fee is negotiable.”
Note: Key Investment Services LLC’s own Form ADV Part 2A Appendix 1 states advisory services here “may be marketed under the ‘Key Private Client’, ‘Key Wealth’ or ‘Key Doctor Banking and Advisory Group’ names,” confirming this registrant (CRD 136300) as the correct filer behind the KeyBank private-wealth brand.
- $0 to $1,000,000: 1.40%
- $1,000,001 and above: 1.00%
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $3,500 | 1.40% |
| $500,000 | $7,000 | 1.40% |
| $1,000,000 | $14,000 | 1.40% |
| $2,000,000 | $20,000 | 1.00% |
A whole-balance breakpoint schedule (the brochure’s table gives one rate per portfolio-value range, not a marginal First-$X/Next-$Y bracket, so the full balance is charged at the rate of the range it falls into): at $250,000, $500,000 and $1,000,000 the full balance falls in the $0-$1,000,000 range at 1.40% (250000×0.014=3500; 500000×0.014=7000; 1000000×0.014=14000); at $2,000,000 the full balance falls in the $1,000,001+ range at 1.00% (2000000×0.01=20000).
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, KeyBank Private Wealth’s own published rate runs $7,000 a year.
Comparing KeyBank Private Wealth 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
- Key Investment Services LLC Form ADV Part 2A Appendix 1 (Wrap Fee Program Brochure) (March 30, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032865
- SEC Investment Adviser Public Disclosure, Key Investment Services LLC (CRD #136300): https://adviserinfo.sec.gov/firm/summary/136300
- Key Investment Services LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/136300/PDF/136300.pdf
Methodology. This page was built September 24, 2026, drawing on KeyBank 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.
What does it take to open an account? See KeyBank Private Wealth’s minimum investment, straight from its own Form ADV Part 2A brochure.
Is KeyBank Private Wealth a fiduciary? See what its own Form CRS says, and how that compares to what you would pay.
Weighing whether to move ahead? Read the full KeyBank Private Wealth review, including its fiduciary status and what it costs to leave.
Comparing KeyBank Private Wealth against other options? See KeyBank Private Wealth alternatives, including a lower-fee full-service firm, a flat-fee route, and a robo/hybrid.
Thinking about leaving KeyBank 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.
How does this compare? See the annual fee on $500,000 at 165 advisory firms, each from the firm’s own filing.