Guides › Financial Advisor Fees
Updated September 17, 2026. Quick answer: Edward Jones is less expensive at $500,000: $6,875 a year, versus $10,000 a year for Ameriprise, computed from each firm’s own SEC-filed fee disclosure. See the full side-by-side table below for $250,000, $1 million and $2 million.
What each firm charges, side by side
| Account balance | Ameriprise (annual fee) | Edward Jones (annual fee) |
|---|---|---|
| $250,000 | $5,000 | $3,500 |
| $500,000 | $10,000 | $6,875 |
| $1,000,000 | $20,000 | $13,075 |
| $2,000,000 | $40,000 | $23,375 |
Ameriprise discloses a maximum, individually negotiated rate of 2.0% (Ameriprise Managed Accounts Client Disclosure Brochure (Wrap Fee Program), Form ADV Part 2A Appendix 1, June 2026); Edward Jones discloses a tiered schedule starting at 1.40% (Edward Jones Guided Solutions Flex Account Schedule of Fees, February 2025 (REV. FEB 2025, document IAS-10455O-A-FS)).
What the fee includes, in each firm’s own words
Ameriprise (Ameriprise Managed Accounts Client Disclosure Brochure (Wrap Fee Program), Form ADV Part 2A Appendix 1, June 2026): “The Asset-based Fee is comprised of the total of (1) a negotiable Advisory Fee of up to a maximum annual rate of 2.0%; (2) a Platform Fee rate that varies by Program; and (3) any applicable Manager Fee.” 2.00% maximum Advisory Fee (SPS Advisor Program), before an additional Platform Fee of 0.02% to 0.05% and an Investments and Infrastructure Support Fee of 0.03% that can stack on top.
Ameriprise’s SPS Advisor program (its discretionary flagship) discloses only a maximum negotiated Advisory Fee of 2.0%, not a public dollar-tiered table; actual per-tier minimum rates are deferred to a private, non-SEC-filed Relationship Agreement not available to the public. The figures above apply the disclosed 2.0% Advisory Fee ceiling as a flat rate. On top of it, a Platform Fee (0.02% to 0.05% of assets) and an Investments and Infrastructure Support Fee (0.03%) can apply, which together push the all-in disclosed maximum to about 2.08% (roughly $5,200 a year on $250,000 instead of $5,000).
Edward Jones (Edward Jones Guided Solutions Flex Account Schedule of Fees, February 2025 (REV. FEB 2025, document IAS-10455O-A-FS)): “The Guided Solutions Flex Fee is comprised of the Program Fee and the Platform Fee, net of any applicable fee reduction or fee offset. The Program Fee is assessed beginning at an annual fee rate of 1.35%, payable monthly in arrears: First $250,000, 1.35%; Next $250,000, 1.30%; Next $500,000, 1.20%; Next $1,500,000, 1.00%; Next $2,500,000, 0.80%; Next $5,000,000, 0.60%; Over $10,000,000, 0.50%. A Platform Fee is charged on accounts enrolled in Guided Solutions Flex. This fee is in addition to the Program Fee. The Platform Fee is assessed beginning at an annual fee rate of 0.05%, payable monthly in arrears.”
Edward Jones’s Guided Solutions Flex Fee is a marginal (tiered) schedule: each bracket’s combined rate (Program Fee plus Platform Fee) applies only to the slice of assets inside that bracket, like a tax bracket, not the whole balance. Arithmetic: $250,000 pays 1.40% on the whole amount ($3,500, since it fits entirely in the first bracket); $500,000 pays $3,500 plus 1.35% on the next $250,000 ($3,375) for $6,875; $1,000,000 pays $6,875 plus 1.24% on the next $500,000 ($6,200) for $13,075; $2,000,000 pays $13,075 plus 1.03% on the next $1,000,000 ($10,300, since $2,000,000 still falls inside the $1,000,000-to-$2,500,000 bracket) for $23,375. Edward Jones also offers a separate, generally non-discretionary brokerage-style program (Guided Solutions Fund, mutual-fund-only) that carries the identical rate table; this page uses the broader Guided Solutions Flex version, which covers stocks, bonds, ETFs and mutual funds.
How this compares
Our benchmark of published adviser fee schedules puts the weighted median annual cost near $2,000 to $2,500 on $250,000 (the benchmark). At $500,000, Ameriprise runs $10,000 a year and Edward Jones runs $6,875 a year: a difference of $3,125 a year at that balance.
Want the full breakdown for either firm on its own? Read the Ameriprise fee page or the Edward Jones fee page for the complete tier table and source citations.
Thinking about leaving one of these firms instead of pricing what you would pay to stay? See what it costs to leave Ameriprise or what it costs to leave Edward Jones, or read the general mechanics of switching financial advisors.
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- Ameriprise Managed Accounts Client Disclosure Brochure (Wrap Fee Program), Form ADV Part 2A Appendix 1 (June 2026): https://www.ameriprise.com/legal/disclosures
- SEC Investment Adviser Public Disclosure, Ameriprise Financial Services, LLC (CRD #6363): https://adviserinfo.sec.gov/firm/summary/6363
- Edward Jones Guided Solutions Flex Account Schedule of Fees (February 2025 (REV. FEB 2025, document IAS-10455O-A-FS)): https://www.edwardjones.com/us-en/disclosures
- SEC Investment Adviser Public Disclosure, Edward D. Jones & Co., L.P. (CRD #250): https://adviserinfo.sec.gov/firm/summary/250
Methodology. This page was built September 17, 2026, re-pairing figures already archived and independently verified for Ameriprise and Edward Jones from each firm’s own SEC-filed disclosure; sources linked above. Nothing here is personalized financial, tax, legal, or investment advice. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.