Updated July 7, 2026. Quick answer (2026): Financial advisor fees for a $1 million portfolio are about $10,000/year at 1.00% AUM, $7,500/year at 0.75% AUM, and $5,000/year at 0.50% AUM before fund, platform, overlay, trading, tax-prep, or implementation costs. Compare that dollar cost against flat annual, retainer, hourly, and project quotes for the same written scope.
Use this $1 million portfolio guide when you are comparing advisor proposals, rollover advice, retirement-income planning, taxable-account management, Roth conversion coordination, estate basics, charitable planning, and implementation help.
Fast tools
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$1 million portfolio advisor fee table
| Quote type | Example annual cost | What to confirm |
|---|---|---|
| 1.00% AUM | $10,000/year | Whether planning, implementation, tax coordination, and fund/platform costs are included or separate. |
| 0.75% AUM | $7,500/year | Service tier, breakpoint schedule, meeting cadence, advisor team, and written deliverables. |
| Flat annual planning | $5,000-$12,000/year | Scope, investment management, tax planning, retirement-income map, and support between meetings. |
| Retainer or project | $300-$1,000/month or $2,000-$7,500+ per project | Cancellation terms, project cap, implementation rules, and what becomes hourly. |
Price the quote you were actually given
Enter the annual rate you were actually quoted. This prices it against the by-slice breakpoint schedule published on this site — one example schedule, not a market benchmark — and shows the difference in annual dollars. Neither figure includes fund expense ratios or platform layers.
What to ask at $1 million
- What is my all-in annual cost in dollars?
- How does the fee change if the portfolio grows above $1 million?
- Would a flat annual fee include the same investment and planning scope?
- How will you coordinate taxes, retirement withdrawals, Social Security, Roth conversions, RMD timing, and estate basics?
- Are you a fiduciary for the entire relationship?
Related balances: $500k portfolio advisor fees, $2 million portfolio advisor fees, and $3 million portfolio advisor fees.
At $1 million, you are past the point where list price is the price.
Seven figures is where most firms will actually discuss the number. Take the ranges above into the conversation and ask what they would charge on $1 million, all in.
Before you start, what actually happens. The matching service is run by WiserAdvisor, an independent advisor-matching company. It opens on their site, asks for your ZIP code and a few questions, and matches you with 2 to 3 vetted advisors. It is free to you.
WiserAdvisor states the service is built for portfolios of $250,000 and above. By submitting, you consent to emails, phone calls and text messages from WiserAdvisor and up to three advisors, so expect to be contacted. Clear Money Guide is paid when you complete the form, whether or not you ever hire anyone.
Compare fees, scope, conflicts, credentials and fiduciary duty before you hire anyone. This is not the only way to find an adviser.
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Methodology
- We convert common advisor percentage quotes into annual dollars for a $1,000,000 portfolio.
- We compare AUM against flat annual, retainer, hourly, project, and robo-supported pricing by first-year cost and written scope.
- This page was materially reviewed on July 7, 2026. Fee examples are educational, not personalized financial, tax, legal, or investment advice.
Editorial standards: Editorial Policy - Corrections - Disclaimer
What firms actually disclose at this balance. In our own benchmark of published adviser fee schedules, the weighted median annual cost at $1,000,000 is $8,750 to $10,000, taken from the Form ADV Part 2A filings of 176 SEC-registered advisers. The full benchmark, with method.
More balances, same measured basis: $750k · $5 million · $10 million — the last two sit above our measured range and are labelled as upper bounds rather than going rates.