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Updated September 28, 2026. Quick answer: Bedel Financial Consulting is registered with the SEC as an investment adviser (CRD #105653, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $5,000 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.
Bedel Financial Consulting at a glance
| Fact | What Bedel Financial Consulting’s own pages say |
|---|---|
| Legal entity | Bedel Financial Consulting, Inc. |
| Registration | Bedel Financial Consulting, Inc. is registered with the SEC as an investment adviser (CRD #105653, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $5,000 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 Bedel Financial Consulting’s own fee schedule charges
Bedel Financial Consulting, Inc. is the registered adviser, and the brochure refers to it as BFC. The priced figure is the standard investment advisory account schedule, which covers individual clients including high net worth individuals.
“Up to $1,000,000 1.00% 0.25% Next $2,000,000 (up to $3,000,000) 0.75% 0.1875% Next $2,000,000 (up to $5,000,000) 0.55% 0.1375% Next $5,000,000 (up to $10,000,000) 0.35% 0.0875% Over $10,000,000 0.25% 0.0625%”
Each balance is priced by stacking the bands, and the brochure confirms this reading by stating that the blended annual rate for a $2,000,000 portfolio is 0.875%. The brochure says that in certain cases a minimum annual fee of $5,000 applies, depending on services, investments and complexity, and that the firm may waive or adjust it. Because that floor applies only in certain cases and not to every client, the figures below show the calculated schedule fee with no floor. At $250,000 the calculated fee is below the $5,000 minimum, so a client subject to it would pay more. The actual fee is set in the client’s agreement.
What the same brochure says about fees charged on top of this schedule: “The third-party managers of these accounts will also charge a 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 | $2,500 |
| $500,000 | $5,000 |
| $1,000,000 | $10,000 |
| $2,000,000 | $17,500 |
These figures come directly from Bedel Financial Consulting’s own current fee brochure, cited in Sources below.
Registration
Bedel Financial Consulting, Inc. is registered with the SEC as an investment adviser (CRD #105653, 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
Bedel Financial Consulting, Inc.’s Form ADV Part 2A states “This service can be terminated upon written notice by either party.” Bedel Financial Consulting, Inc. 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 Investments Institutional Brokerage 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 (February 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1054003
- SEC IAPD firm summary (CRD #105653, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/105653
Methodology. This page was built September 28, 2026, drawing directly on Bedel Financial Consulting’s 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 Bedel Financial Consulting’s own Form ADV Part 2A and Form CRS. We have not used Bedel Financial Consulting as a client. Bedel Financial Consulting did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.