Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: UMB Private Wealth Management is registered with the SEC as an investment adviser (CRD #306374, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $6,250 a year under its published fee schedule. This review covers what its fee brochure and current SEC registration confirm today; this firm also has a minimum-investment page on this site.
UMB Private Wealth Management at a glance
| Fact | What UMB Private Wealth Management’s own pages say |
|---|---|
| Legal entity | UMB Private Wealth Management, LLC |
| Registration | UMB Private Wealth Management, LLC is registered with the SEC as an investment adviser (CRD #306374, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $6,250 a year, per its own current brochure |
| Minimum to open an account | See the minimum-investment page for UMB Private Wealth Management |
| Cost to leave (exit fee) | No how-to-leave page published for this firm yet |
What UMB Private Wealth Management’s own fee schedule charges
UMBPWM states its Banded Asset Management Fee Schedule applies to all household account balances, including accounts below its stated account minimum where the firm has exercised discretion to waive it, and separately applies a $5,000 minimum household fee where the calculated advisory fee would otherwise fall below that amount.
“Banded Asset Management Fee Schedule: Household Market Value / Fee %: Under $1 Million 1.25%; $1-3 Million 1.15%; $3-5 Million 1.00%; $5-10 Million 0.80%; $10-15 Million 0.70%; $15-25 Million 0.60%; $25-50 Million 0.55%; Over $50 Million 0.50%. Minimum Household Fee $5,000. UMBPWM will apply the minimum household fee of $5,000 where the calculated advisory fee would otherwise fall below that amount.”
UMBPWM uses a whole-balance breakpoint schedule: the single rate for your household’s bracket applies to the entire balance. At $250,000 (under $1 million, 1.25% = 3,125) the $5,000 minimum household fee dominates and applies instead; at $500,000 (1.25% = 6,250) the schedule amount exceeds the minimum and applies; at $1,000,000 and $2,000,000 the household falls in the ‘$1-3 Million’ bracket at 1.15% (11,500 and 23,000).
| Account balance | Annual fee |
|---|---|
| $250,000 | $5,000 |
| $500,000 | $6,250 |
| $1,000,000 | $11,500 |
| $2,000,000 | $23,000 |
See the full breakdown, including how the figure is calculated, on UMB Private Wealth Management’s own fee page.
Registration
UMB Private Wealth Management, LLC is registered with the SEC as an investment adviser (CRD #306374, confirmed ACTIVE this session via SEC IAPD).
This is a registration confirmation only, not a fiduciary-standard verdict (a registered investment adviser can still be a dual registrant with a broker-dealer, which changes which standard applies in each capacity). A standalone fiduciary-status page for UMB Private Wealth Management has not been published on this site yet.
What it costs to leave
UMB Private Wealth Management does not yet have a dedicated exit-fee page on this site. The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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- UMB Private Wealth Management, LLC Form ADV Part 2A Brochure (September 18, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058414
- SEC IAPD firm summary (CRD #306374, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/306374
Methodology. This page was built September 28, 2026, drawing directly on UMB Private Wealth Management’s own current fee brochure, linked above, and a fresh SEC IAPD registration check run the same day. As of September 28, 2026, this site publishes a minimum-investment page for UMB Private Wealth Management; where the exit-fee page already exists it is linked above and drawn from that already-sourced page. Any fact we could not independently confirm 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 UMB Private Wealth Management’s own Form ADV Part 2A and Form CRS. We have not used UMB Private Wealth Management as a client. UMB Private Wealth Management did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
What does it take to open an account? See UMB Private Wealth Management’s minimum investment, straight from its own Form ADV Part 2A brochure.
Comparing UMB Private Wealth Management against other options? See UMB Private Wealth Management alternatives, including a lower-fee full-service firm, a flat-fee route and a robo/hybrid.
Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.