Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: Evensky & Katz / Foldes is registered with the SEC as an investment adviser (CRD #109698, 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. Already a client and thinking about leaving? Budget $50 if Schwab custodies your account. This review covers what its own fee brochure and current SEC registration confirm today; it does not assess fiduciary status or account minimums.
Evensky & Katz / Foldes at a glance
| Fact | What Evensky & Katz / Foldes’ own pages say |
|---|---|
| Legal entity | Evensky & Katz LLC (Evensky & Katz/Foldes Wealth Management) |
| Registration | Evensky & Katz LLC (Evensky & Katz/Foldes Wealth Management) is registered with the SEC as an investment adviser (CRD #109698, 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 | Not assessed in this review; see Item 5 of its Form ADV Part 2A |
| Cost to leave (exit fee) | $50 if Schwab custodies your account |
What Evensky & Katz / Foldes’ own fee schedule charges
IAPD lists the firm as Evensky & Katz/Foldes Wealth Management, with former names including Evensky & Katz, LLC and Evensky, Brown & Katz; the brochure calls itself Evensky & Katz LLC. The priced schedule is the Wealth Management fee, which the brochure says also applies to its Investment Advisory Agreement. The brochure sets a $1,000,000 minimum portfolio size for Wealth Management, negotiable and with smaller accounts allowed where more assets are expected, and this is an account-size minimum rather than a minimum annual dollar fee. The brochure also says fees are negotiable under special circumstances.
“The annual Wealth Management fee is billed in advance and is based on a percentage of the investable assets according to the following schedule: First $500,000 ………….…..1.25% Next $1,500,000 ……………1.00% Next $3,000,000 ……………0.75% Next $5,000,000 ……………0.50% Next $10,000,000 …….…….0.25%”
The schedule is applied bracket by bracket. At $250,000 and $500,000 the whole balance falls within the first bracket at 1.25 percent. At $1,000,000 the first $500,000 is charged at 1.25 percent and the remaining $500,000 at 1.00 percent. At $2,000,000 the first $500,000 is charged at 1.25 percent and the next $1,500,000 at 1.00 percent, filling the second bracket exactly. No minimum annual dollar fee is disclosed, so no floor applies; balances below the firm’s $1,000,000 minimum portfolio size are shown at the same schedule for comparison only.
What the same brochure says about fees charged on top of this schedule: “Please Note: The management fee charged by the Independent Manager(s) is separate from, and in addition to, EKF’s advisory fee.” The table below is the firm’s own advisory fee schedule and does not include any such additional fee.
| Account balance | Annual fee |
|---|---|
| $250,000 | $3,125 |
| $500,000 | $6,250 |
| $1,000,000 | $11,250 |
| $2,000,000 | $21,250 |
These figures come directly from Evensky & Katz / Foldes’ own current fee brochure, cited in Sources below.
Registration
Evensky & Katz LLC (Evensky & Katz/Foldes Wealth Management) is registered with the SEC as an investment adviser (CRD #109698, 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).
What it costs to leave
Evensky & Katz LLC (Evensky & Katz/Foldes Wealth Management)’s Form ADV Part 2A states “At termination, advanced fees paid will be reimbursed (if any) on a pro rata basis for the portion of the quarter not completed.” Evensky & Katz LLC (Evensky & Katz/Foldes Wealth Management) names two possible custodians in its brochure, with no single default. Charles Schwab & Co., Inc.’s own published fee schedule states “Full transfer (out) of assets” Fidelity Brokerage Services LLC / National Financial Services LLC discloses no comparable line item (an honest gap).
The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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- Form ADV Part 2A (March 19, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021944
- SEC IAPD firm summary (CRD #109698, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/109698
Methodology. This page was built September 28, 2026, drawing directly on Evensky & Katz / Foldes’ own current fee brochure, cited in Sources below, and a fresh SEC IAPD registration check run the same day. Where exit-fee facts are cited, they trace to the named custodian’s own published schedule. 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 Evensky & Katz / Foldes’ own Form ADV Part 2A and Form CRS. We have not used Evensky & Katz / Foldes as a client. Evensky & Katz / Foldes did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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