Guides › Financial Advisor Fees
Updated September 24, 2026. Quick answer: Plancorp is a registered investment adviser. Per its own current fee brochure, a $500,000 account would run $12,000 a year under its published fee schedule; the minimum to open an account is no published minimum account size, but a $12,000-a-year minimum fee for Wealth Management Services. Is it a fiduciary? Yes, as a registered investment adviser, on the advisory services this page covers.
Plancorp at a glance
| Fact | What Plancorp’s own pages say |
|---|---|
| Legal entity | Plancorp, LLC |
| Registration | Plancorp, LLC is registered with the Securities and Exchange Commission as an investment adviser. |
| Fee on a $500,000 account | $12,000 a year, per its own current brochure |
| Minimum to open an account | No published minimum account size, but a $12,000-a-year minimum fee for Wealth Management Services |
| Cost to leave (exit fee) | See how to leave Plancorp |
What Plancorp’s own fee schedule charges
“constants: {“fee_tiers”:[{“limit”:2000000,”rate”:1},{“limit”:4000000,”rate”:0.8},{“limit”:6000000,”rate”:0.6},{“limit”:10000000,”rate”:0.5},{“limit”:25000000,”rate”:0.45},{“limit”:45000000,”rate”:0.4},{“limit”:75000000,”rate”:0.35},{“limit”:null,”rate”:0.3}]}. fee: function(){for(var e=0,t=0,a=this.constants.fee_tiers…;)…e+=s*(i.rate/100),t=i.limit;return Math.max(e, 12000)}. Corroborating Form ADV Part 2A Brochure, Item 5.B.i: When providing both investment management and financial planning services or standalone investment management services, we generally charge an asset-based fee. Clients are generally subject to a minimum annual fee of $12,000.”
Plancorp’s Form ADV Part 2A Brochure (Item 5) discloses only that it charges an asset-based fee under a cliff/breakpoint or tiered/blended schedule with a $12,000 annual minimum for wealth management, but does not print the actual percentage rates; those rates are hard-coded into the fee_tiers config of Plancorp’s own public Fee and Value Calculator page, which applies each tier’s rate only to the dollars within that band (marginal, not whole-balance) and then floors the total at the $12,000 ADV-stated minimum. At $250,000, $500,000, and $1,000,000, the 1.00 percent first-tier rate produces $2,500, $5,000, and $10,000, each below the $12,000 floor, so the floor of $12,000 applies at all three balances. At $2,000,000, the 1.00 percent rate on the full first tier produces exactly $20,000, which exceeds the floor.
| Account balance | Annual fee |
|---|---|
| $250,000 | $12,000 |
| $500,000 | $12,000 |
| $1,000,000 | $12,000 |
| $2,000,000 | $20,000 |
See the full breakdown, including how the figure is calculated, on Plancorp’s own fee page.
Is Plancorp a fiduciary?
Plancorp, LLC is registered with the Securities and Exchange Commission as an investment adviser.
“When we act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.”
They are not compensated based on the sale of a particular product and do not earn commissions.
Full detail, including the exact registration type and source: Plancorp’s fiduciary status, explained.
The minimum to open an account
“Clients are generally subject to a minimum annual fee of $12,000. … We do not require a minimum account value to open or maintain an account.”
No published minimum account size, but a $12,000-a-year minimum fee for Wealth Management Services. See the full minimum-investment breakdown, including what that minimum would cost per year, on Plancorp’s minimum investment page.
What it costs to leave
A dedicated how-to-leave page for Plancorp covers the exit costs in full. The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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
- Plancorp Fee & Value Calculator (plancorp.com), embedded fee-schedule config in the published page, cross-checked against the firm’s Form ADV Part 2A Brochure (August 12, 2026): https://www.plancorp.com/fee-calculator
- Plancorp, LLC Form CRS (August 4, 2026): https://reports.adviserinfo.sec.gov/crs/crs_106599.pdf
- SEC Investment Adviser Public Disclosure, Plancorp, LLC (CRD #106599): https://adviserinfo.sec.gov/firm/summary/106599
- Plancorp, LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/106599/PDF/106599.pdf
Methodology. This page was built September 24, 2026, drawing directly on Plancorp’s own current fee brochure and Form CRS, both linked above, plus this site’s own already-published fiduciary and minimum-investment 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 Plancorp’s own Form ADV Part 2A and Form CRS. We have not used Plancorp as a client. Plancorp 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.