Skip to content
Independent money guidance
Clear Money Guide
Start here
Menu

Financial Advisor Exit Fees by Firm (2026): What Leaving Costs at 115 Firms

Guides › Switching Financial Advisors

Updated September 28, 2026. Quick answer: Across the 115 advisory firms and brokerages whose own published schedules we have read and priced page by page, 114 publish an exit figure and 1 publishes none. The median ceiling is $100.00 per account, the dearest published ceiling is $500.00 (Cambridge Investment Research) and 2 of the 114 publish nothing to pay at all. The number that surprises people: 63 of the 114 firms charge nothing of their own to leave. The bill comes from whoever holds the account, which is why 50 of these rows cite the same Charles Schwab line item and 18 the same Pershing one. Every figure below is the amount that firm or its named custodian publishes, with a link to our page for that firm.

Related guides on this topic: Do You Need a Financial Advisor for a $250,000 Inheritance?, Fee-Based Financial Advisor Near Me 2026 and Fee-Only Financial Advisor Near Me 2026.

What this roster counts, and what it does not

Each row reports what it costs to move the account out or close it, per account, taken from the firm’s own fee schedule or its named custodian’s own published schedule. It is a one-time charge, not an ongoing fee. Annual maintenance, custody and IRA service fees are deliberately excluded even where the same schedule prints them, because they are the cost of staying rather than the cost of leaving. Partial transfers are excluded for the same reason: they are usually cheaper or free and they are not the same transaction.

A range means the firm publishes more than one figure. The usual reason is that a retirement account costs more to close than a taxable one, or that the firm names several custodians and each publishes its own number. 64 of these firms charge no dollar of their own, so every dollar above $0.00 in their row comes from a custodian’s schedule: the floor is what the adviser charges and the ceiling is what the custodian charges. Where a schedule is silent we publish the silence rather than a zero, because a gap and a free transfer are not the same claim.

The firm usually is not the one charging you

63 of the 114 priced firms put an explicit $0.00 in their own Form ADV against terminating the advisory agreement, beyond a pro-rated refund of any prepaid fee. That is the genuinely reassuring part of leaving an adviser, and it is easy to miss because the cost that does land comes from the custodian, a separate company whose schedule you probably never read. So the question to ask is not what your adviser charges to fire them. It is who holds the account and what that firm charges for a full outgoing transfer. 50 of the rows below cite the same Charles Schwab line item and 18 the same Pershing one, which is why so many otherwise unrelated firms show an identical ceiling.

Two practical consequences. First, moving to a firm that reimburses transfer fees can make the charge disappear entirely, so ask the receiving firm before you ask the one you are leaving. Second, the fee is per account, not per household, so a couple with four registrations pays it four times. Our guide to switching financial advisors sets out the order to do things in, and the tax side of switching covers the part that can cost far more than any transfer fee.

How many firms sit at each exit cost

All 115 firms by the dearest figure they publish. Counts computed from the published schedules, not estimated.
Dearest published exit chargeFirms
Nothing published to pay2
Up to $74.9940
$75.00 to $124.9917
$125.00 to $149.9928
$150.00 or more27
No exit figure published anywhere1

Every firm that publishes an exit figure, cheapest first

All 114 firms with a published exit figure, cheapest ceiling first. Where a firm publishes more than one figure the row shows the range, because what you pay depends on which account you are moving and who holds it.
FirmWhat leaving costsWho charges itWhat the dearest charge is for
Fidelity$0.00Nobody: nothing published to payBudget for a full outgoing transfer
Interactive Advisors$0.00Nobody: nothing published to payInteractive Advisors’ own exit charge
Acorns$0.00 to $35.00Your custodian, not the firmOutgoing asset transfer
Merrill Edge$49.95The firm’s own published scheduleFull account transfer out, various account types
WellsTrade$49.95The firm’s own published scheduleOutgoing Account Transfer
Allworth Financial$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Aspiriant$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Beacon Pointe Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
BMO Private Wealth$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Buckingham Strategic Wealth$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
CAPTRUST$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Carson Wealth$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Cerity Partners$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Choreo$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Citizens Private Wealth$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Coldstream Wealth Management$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Concurrent Investment Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Creative Planning$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Edgemoor Investment Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Farther$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Fifth Third Wealth Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Halbert Hargrove$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
IEQ Capital$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Johnson Investment Counsel$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab (majority custodian)
Kestra Financial$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
MAI Capital Management$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Mercer Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Modera Wealth Management$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Plancorp$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Plante Moran Financial Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Rebalance$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Sand Hill Global Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Savant Wealth Management$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
SigFig Wealth Management$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Signature Estate & Investment Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
SignatureFD$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Tiedemann Advisors$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Waldron Private Wealth$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Wescott Financial Advisory Group$0.00 to $50.00Your custodian, not the firmFull transfer-out at Schwab
Ally Invest Robo Portfolios$25.00 to $50.00Your custodian, not the firmACAT Transfer Out, full or partial
Charles Schwab$50.00The firm’s own published scheduleBudget for a full outgoing transfer
Primerica$50.00The firm’s own published scheduleAccount Transfer/Termination Fee
Betterment$75.00The firm’s own published scheduleOutbound investing-account transfer (ACATS)
E*TRADE Core Portfolios$75.00The firm’s own published scheduleAccount transfers (outgoing)
TD Wealth$0.00 to $95.00The firm’s own published scheduleIRA termination
Merrill Lynch$75.00 to $95.00The firm’s own published scheduleTaxable brokerage: BIA, CMA, WCMA
Citi$95.00The firm’s own published scheduleAccount Transfer Fee (Outgoing)
Edward Jones$95.00The firm’s own published scheduleBudget for a full outgoing transfer
J.P. Morgan$95.00The firm’s own published scheduleNon-Retirement Account Transfer and Termination
U.S. Bank$95.00The firm’s own published scheduleAccount transfers and IRA closeout
UBS$95.00The firm’s own published scheduleAccount transfer fee
KeyBank Private Wealth$0.00 to $100.00The firm’s own published scheduleFull non-IRA account transfer to another institution
Robinhood$0.00 to $100.00The firm’s own published scheduleACATS outgoing transfer (shared brokerage fee schedule, applies to advisory accounts too)
SoFi Invest$0.00 to $100.00The firm’s own published scheduleOutgoing ACAT (taxable account transferred out)
Vanguard Personal Advisor$0.00 to $100.00The firm’s own published scheduleVBS full account transfer-out, published rate
Titan$75.00 to $100.00The firm and its custodian bothTitan’s own exit charge, in-kind ACAT transfer
D.A. Davidson$100.00The firm’s own published scheduleTransfer of an account to another financial institution
Stifel$100.00The firm’s own published scheduleAccount Transfer/Termination Fee
Voya Financial Advisors$0.00 to $110.00The firm’s own published scheduleOutgoing transfer
Abacus Wealth Partners$0.00 to $125.00Your custodian, not the firmOutgoing account transfer at Northern Trust
Busey Capital Management$0.00 to $125.00Your custodian, not the firmFull transfer-out at Raymond James
Frost Investment Services$0.00 to $125.00Your custodian, not the firmIRA termination fee
LPL Financial$0.00 to $125.00Your custodian, not the firmOutgoing account transfer (non-retirement account)
Mariner Wealth Advisors$0.00 to $125.00The firm’s own published scheduleRetirement Account Termination Fee (IRA)
MassMutual$0.00 to $125.00The firm’s own published scheduleRetirement account (IRA) termination
Northern Trust$0.00 to $125.00The firm’s own published scheduleRetirement account termination
Park Avenue Securities$0.00 to $125.00The firm’s own published scheduleIRA or certain ERISA plan termination
Principal Securities$0.00 to $125.00The firm’s own published scheduleAccount termination if custodied via AssetMark Trust Company
Raymond James$0.00 to $125.00Your custodian, not the firmOutgoing ACAT transfer (non-retirement account)
Rockefeller Capital Management$0.00 to $125.00The firm’s own published scheduleRetirement account (IRA) liquidation and closure
Steward Partners Investment Advisory$0.00 to $125.00Your custodian, not the firmFull transfer-out at Raymond James
Synovus Securities$0.00 to $125.00Your custodian, not the firmIRA termination fee
Transamerica Financial Advisors$0.00 to $125.00The firm’s own published scheduleOutgoing account transfer (non-retirement)
Morgan Stanley$25.00 to $125.00The firm’s own published scheduleFull account transfer out, including ACATS
Huntington Private Bank$50.00 to $125.00The firm’s own published scheduleIRA / retirement account termination
Thrivent$50.00 to $125.00The firm’s own published scheduleIRA Custodial Closing Fee
Commonwealth Financial Network$75.00 to $125.00The firm’s own published scheduleNFS Termination Fee
Stash$75.00 to $125.00Your custodian, not the firmIRA closing fee, includes outgoing ACAT transfer, at Apex Clearing
Ameriprise$125.00The firm’s own published scheduleTransfer Out Termination
Janney Montgomery Scott$125.00The firm’s own published scheduleOutgoing Full Account Transfer
Northwestern Mutual$125.00The firm’s own published scheduleClosing/Transfer Out Fee
Oppenheimer$125.00The firm’s own published scheduleIRA/Retail Account Termination Fee (final distribution or transfer of assets to another institution)
PNC Investments$125.00The firm’s own published scheduleAccount Termination/Transfer Fee
RBC Wealth Management$125.00The firm’s own published scheduleAccount transfer fee
Truist$125.00The firm’s own published scheduleFull account transfer out
Wells Fargo Advisors$125.00The firm’s own published scheduleOutgoing Account Transfer
TIAA Wealth Management$0.00 to $130.00The firm’s own published scheduleIRA termination fee
Cetera$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Corient$0.00 to $150.00Your custodian, not the firmAccount termination at Pershing Advisor Solutions LLC
Cresset Asset Management$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Edelman Financial Engines$0.00 to $150.00Your custodian, not the firmFull transfer-out at Axos Advisor Services
Empower Personal Wealth$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
First Citizens Investor Services$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Foster Group$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
GenTrust$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
HomrichBerg$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Hornor, Townsend & Kent$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Lido Advisors$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Lincoln Financial Advisors$0.00 to $150.00The firm’s own published scheduleOutgoing Account Transfer Fee (non-retirement)
Mutual of Omaha Investor Services$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Pure Financial Advisors$0.00 to $150.00Your custodian, not the firmFull termination/transfer-out at Axos Clearing
Sanctuary Wealth$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Snowden Lane Partners$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Summit Trail Advisors$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Valley Wealth Managers$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Wealth Enhancement Group$0.00 to $150.00The firm’s own published scheduleFull Transfer of Account Delivery (non-retirement)
WesBanco Securities$0.00 to $150.00Your custodian, not the firmFull transfer-out at Pershing
Osaic$125.00 to $150.00The firm’s own published scheduleOutgoing Account Transfer Fee (Non-Retirement Account)
Baird$150.00The firm’s own published scheduleAccount Transfer/Closing
Equitable Advisors$150.00The firm’s own published scheduleOutgoing Account Transfer (excludes retirement accounts)
Ameritas$0.00 to $160.00Your custodian, not the firmOutgoing transfer, IRA / retirement account
M1 Finance$0.00 to $200.00The firm’s own published scheduleIRA termination (per event, in addition to the transfer fee above)
SouthState Private Capital Management$0.00 to $250.00Your custodian, not the firmFull transfer-out at Equity Trust
Cambridge Investment Research$0.00 to $500.00The firm and its custodian bothCIRA’s own exit charge

Where no figure is published

The 1 firm whose own documents publish no exit figure. Not covered is not the same as free.
FirmWhat we could not establish
Fisher InvestmentsNo transfer-out or termination dollar figure is published on any document we could read, so this is a gap rather than a confirmed zero. The page explains what stops when you terminate and what the custodian may still charge.

Before you pay any of this

Three things are worth doing in order. Transfer in kind rather than selling, because liquidating to cash can trigger a tax bill that dwarfs a $150 transfer fee; our list of investments that cannot transfer in kind covers the holdings where that is not an option. Export your cost basis and statements while you still have access. And confirm the advisory billing has actually stopped after the transfer settles, because the fee schedule and the billing system are two different systems and the second one does not always hear about the first.

Compare your next step

About how much do you have invested?

Choose a range to see an adviser-matching option. No contact details at this step.

Just comparing fees? Keep reading the fee guide.

Sources

Every figure on this page comes from the named firm’s own published fee schedule, its Form ADV Part 2A brochure, or the published schedule of a custodian that firm’s brochure names, read for each firm individually. The per-firm page linked in each row carries that firm’s citation, the quoted line item and the document it came from. Schedules change without notice and firms publish on their own timetables, so the linked page is the place to check the date of the document behind any figure here. See also the financial advisor fee comparison for what these firms charge while you are still with them.

Methodology

This page is generated from the 115 linked pages themselves, so the roster and the pages cannot disagree: every figure was read out of the linked page’s own published table, a random sample was re-checked against the archived document that authored it, and every figure a page states in its own title was asserted to appear in the figures extracted from it. Counts, the median and the bands are computed at build time, never typed. Annual and partial-transfer charges are excluded by rule, and the exclusions are listed above rather than left implicit. We are not an investment adviser and this is not personalised advice; it is a reading of published schedules. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.

Same firms, a different question: how 127 advisory firms are registered, investment adviser only or dual registrant.

Same firms, reviewed one by one: financial advisor reviews by firm, all 182 in one table.

Step by step, firm by firm: how to leave your financial advisor, with the exit guide for each of the 189 firms.