Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: Fiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run up to $4,750 a year (the published maximum, which the firm says is negotiable) 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.
Fiduciary Financial Advisors at a glance
| Fact | What Fiduciary Financial Advisors’ own pages say |
|---|---|
| Legal entity | Fiduciary Financial Advisors |
| Registration | Fiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | Up to $4,750 a year (the published maximum, which the firm says is negotiable), 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 Fiduciary Financial Advisors’ own fee schedule charges
IAPD lists former names Action Point Financial Planning, LLC and Luminous Money; the firm is based in Grand Rapids, Michigan. Every bracket is labelled Up to, so the schedule is a maximum.
“Our maximum annual fee is .95%. FEE SCHEDULE Assets Under Management Annual Fee Rate* Under $2,000,000 Up to 0.95% $2,000,001 to $5,000,000 Up to 0.90% $5,000,001 to $10,000,000 Up to 0.75% $10,000,0001 to $50,000,000 Up to .55% $50,000,001 to $150,000,000 Up to .35% Over $150,000,0001 Up to 0.15% *Fees are negotiable”
Every bracket in the schedule is an up-to maximum, and the brochure states the firm’s maximum annual fee is 0.95 percent, so each balance is priced as a ceiling. All four balances fall in the under-$2,000,000 bracket at 0.95 percent, and $2,000,000 exactly is treated at the same rate because the brochure’s table leaves that single dollar amount between its first two brackets and the next bracket starts at $2,000,001. No minimum annual dollar fee is disclosed, so no floor applies. Actual fees are negotiable and may be lower.
The table below is the firm’s own advisory fee schedule. Fund expenses, custodian charges and any third-party manager or platform fees are generally separate from an advisory fee like this one; Item 5 of the brochure lists what applies to a given account.
| Account balance | Annual fee |
|---|---|
| $250,000 | $2,375 |
| $500,000 | $4,750 |
| $1,000,000 | $9,500 |
| $2,000,000 | $19,000 |
These figures come directly from Fiduciary Financial Advisors’ own current fee brochure, cited in Sources below.
Registration
Fiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, 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
Fiduciary Financial Advisors’s Form ADV Part 2A states “Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the days the Client account was open during that quarter.” Fiduciary Financial Advisors names three 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 Advisor Services 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 31, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036045
- SEC IAPD firm summary (CRD #172103, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/172103
Methodology. This page was built September 28, 2026, drawing directly on Fiduciary Financial Advisors’ 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 Fiduciary Financial Advisors’ own Form ADV Part 2A and Form CRS. We have not used Fiduciary Financial Advisors as a client. Fiduciary Financial Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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