Guides › Financial Advisor Fees
Updated September 19, 2026. Quick answer: SoFi Invest is less expensive at $500,000: $1,250 a year, versus $6,250 a year for Buckingham Strategic Wealth, 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 | Buckingham Strategic Wealth (annual fee) | SoFi Invest (annual fee) |
|---|---|---|
| $250,000 | $3,125 | $625 |
| $500,000 | $6,250 | $1,250 |
| $1,000,000 | $12,500 | $2,500 |
| $2,000,000 | $25,000 | $5,000 |
Buckingham Strategic Wealth discloses a maximum, individually negotiated rate of 1.25% (Focus Partners Wealth, LLC Form ADV Part 2A Brochure, April 29, 2026); SoFi Invest discloses a flat, non-negotiable rate of 0.25% (Form ADV Part 2A – SoFi Wealth LLC Brochure, 2026-03-27).
What the fee includes, in each firm’s own words
Buckingham Strategic Wealth (Focus Partners Wealth, LLC Form ADV Part 2A Brochure, April 29, 2026): “Our fees are generally based on a percentage of the client’s assets under management with Focus Partners, generally as much as 1.25%; are negotiable; will vary from client to client, and are based on a number of factors, such as the client’s assets under Focus Partners’ management, scope of services to be provided, origins of the client relationship (including whether the client joined Focus Partners through a merger with another firm), and potential future revenues from the client relationship.”
Buckingham Strategic Wealth, LLC merged its advisory practice into Focus Partners Wealth, LLC on June 30, 2024; former Buckingham clients’ advisory agreements were assigned to Focus Partners, which is now the operating legal entity and CRD of record for what was Buckingham. Focus Partners’ current Form ADV discloses a single ceiling of ‘generally as much as 1.25%’ rather than a breakpoint table; rates are individually negotiated. The dollar figures apply the disclosed 1.25% ceiling as a flat rate to each balance (balance x 0.0125).
SoFi Invest (Form ADV Part 2A – SoFi Wealth LLC Brochure, 2026-03-27): “Clients are charged an annual asset-based fee (the “wrap fee”) at the rate of 0.25% based on the value of each account enrolled in the program. This fee is non-negotiable.”
Flat, non-negotiable 0.25% annual wrap fee applied to the full account balance at any AUM level (SoFi Wealth’s automated/robo investing service, branded SoFi Invest, has no stated minimum or tiering in the fee schedule itself). Dollar figures = balance x 0.0025.
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, Buckingham Strategic Wealth runs $6,250 a year and SoFi Invest runs $1,250 a year: a difference of $5,000 a year at that balance.
Want the full breakdown for either firm on its own? Read the Buckingham Strategic Wealth fee page or the SoFi Invest fee page for the complete tier table and source citations.
Comparing these two against a full move? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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- Focus Partners Wealth, LLC Form ADV Part 2A Brochure (April 29, 2026): https://focus-financial.files.svdcdn.com/production/documents/Focus-Partners-Wealth-ADV-Part-2A-04.29.26.pdf?dm=1777575178
- SEC Investment Adviser Public Disclosure, Focus Partners Wealth, LLC (successor by merger to Buckingham Strategic Wealth, LLC, effective June 30, 2024) (CRD #159289): https://adviserinfo.sec.gov/firm/summary/159289
- Form ADV Part 2A – SoFi Wealth LLC Brochure (2026-03-27): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1028153
- SEC Investment Adviser Public Disclosure, SoFi Wealth LLC (CRD #167958): https://adviserinfo.sec.gov/firm/summary/167958
Methodology. This page was built September 19, 2026, re-pairing figures already archived and independently verified for Buckingham Strategic Wealth and SoFi Invest 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.