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Updated September 28, 2026. Quick answer: Chapin Davis is registered with the SEC as an investment adviser (CRD #28116, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $10,000 a year under its published fee schedule. This review covers what its own fee brochure and current SEC registration confirm today; it does not assess fiduciary status or account minimums.
Chapin Davis at a glance
| Fact | What Chapin Davis’ own pages say |
|---|---|
| Legal entity | Chapin, Davis, Inc. |
| Registration | Chapin, Davis, Inc. is registered with the SEC as an investment adviser (CRD #28116, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $10,000 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) | No firm-specific dollar figure found in public documents |
What Chapin Davis’ own fee schedule charges
Chapin, Davis, Inc. is the registered adviser and uses Chapin Davis Asset Management as a marketing name. The priced figure is the default annual Program Fee in the firm’s Wrap Fee Program Brochure, which covers individual clients, including high net worth individuals, who use its wrap programs. The brochure states that the firm does not apply a firm-wide wrap fee schedule and that each adviser representative negotiates the actual fee.
“The annual Program Fee, which is negotiable is 2.00%”
Each balance is priced at the stated 2.00% annual Program Fee applied to the whole account. The brochure discloses no minimum annual dollar fee for these programs, so no floor applies. The figures are a default starting rate that the brochure says is negotiable, not a typical or guaranteed charge.
What the same brochure says about fees charged on top of this schedule: “Unlike the other Wrap Programs, the third-party manager fee applies/bills their fee separately and is in addition to the Program Fee of the IAR.” 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 | $5,000 |
| $500,000 | $10,000 |
| $1,000,000 | $20,000 |
| $2,000,000 | $40,000 |
These figures come directly from Chapin Davis’ own current fee brochure, cited in Sources below.
Registration
Chapin, Davis, Inc. is registered with the SEC as an investment adviser (CRD #28116, 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
We did not find a firm-specific dollar figure for leaving Chapin Davis in its brochure or in its custodian’s published schedules, so we are not stating one. The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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- Form ADV Part 2A, Wrap Fee Program Brochure (March 31, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1045357
- SEC IAPD firm summary (CRD #28116, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/28116
Methodology. This page was built September 28, 2026, drawing directly on Chapin Davis’ 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 Chapin Davis’ own Form ADV Part 2A and Form CRS. We have not used Chapin Davis as a client. Chapin Davis did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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