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Updated September 28, 2026. Quick answer: Dana Investment Advisors discloses a tiered schedule starting at 1.00% in its Form ADV Part 2A (March 24, 2026). Converted to dollars, that runs $5,000 a year on a $500,000 account; see the full table below for $250,000, $1 million and $2 million.
The published numbers
From the Form ADV Part 2A (March 24, 2026): “Limited Volatility Bond Wealth Management First $3,000,000 0.30% per year First $1,000,000 1.00% per year Next $7,000,000 0.25% per year Next $4,000,000 0.80% per year Next $15,000,000 0.20% per year Over $5,000,000 0.70% per year”
Note: CRD 105879 was confirmed ACTIVE and SEC registered through a live SEC IAPD lookup on September 28, 2026. The registrant is Dana Investment Advisors, Inc. of Waukesha, Wisconsin. The firm reports about $6.08 billion in regulatory assets under management, most of it for institutional clients. The priced schedule is the Wealth Management schedule, which the brochure lists for wealth management accounts. The brochure says its client base is mainly institutions and certain high net worth individuals, and its targeted minimum for most equity strategies is $1,000,000, which the firm may waive.
- $0-$1,000,000: 1.00%
- $1,000,000-$5,000,000: 0.80%
- $5,000,000 and above: 0.70%
The priced figure is the firm’s own investment management fee. Clients may also incur brokerage, securities exchange and similar trading costs, custodian fees, and the expenses of any open-end, closed-end or exchange-traded funds held, and those are in addition to the advisory fee. The brochure says Dana charges no acceptance or termination fees. Clients who reach the firm through a third-party wrap fee program generally pay the program sponsor instead, and that fee may differ from the schedule priced here.
What you would pay
| Account balance | Annual fee (dollars) | Effective rate |
|---|---|---|
| $250,000 | $2,500 | 1.00% |
| $500,000 | $5,000 | 1.00% |
| $1,000,000 | $10,000 | 1.00% |
| $2,000,000 | $18,000 | 0.90% |
Each balance is priced marginally: the first $1,000,000 at 1.00%, the next $4,000,000 at 0.80% and anything above $5,000,000 at 0.70%, so each band’s rate applies only to the dollars inside that band. The brochure discloses no minimum annual dollar fee, so no floor applies. The brochure calls these the current fee schedule for new accounts and says fees may be negotiable for accounts of substantial size or efficiency. The figures at $250,000 and $500,000 sit below the firm’s targeted minimum account size, so they are illustrative of the schedule, not of an account the firm would necessarily accept.
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, Dana Investment Advisors’s own published rate runs $5,000 a year.
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- Form ADV Part 2A (March 24, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1025153
- SEC Investment Adviser Public Disclosure, Dana Investment Advisors, Inc. (CRD #105879): https://adviserinfo.sec.gov/firm/summary/105879
- Dana Investment Advisors, Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/105879/PDF/105879.pdf
Methodology. This page was built September 28, 2026, drawing on Dana Investment Advisors’s own SEC-filed disclosure and, where cited, its published fee schedule, with sources linked above; any figure we could not independently confirm before publication is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.