Skip to content
Independent money guidance
Clear Money Guide
Start here
Menu

Fiduciary Financial Advisors Review (2026): Fees and SEC Registration

Guides › Financial Advisor Fees

Updated September 28, 2026. Quick answer: Fiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run up to $4,750 a year (the published maximum, which the firm says is negotiable) 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.

Fiduciary Financial Advisors at a glance

FactWhat Fiduciary Financial Advisors’ own pages say
Legal entityFiduciary Financial Advisors
RegistrationFiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, confirmed ACTIVE this session via SEC IAPD).
Fee on a $500,000 accountUp to $4,750 a year (the published maximum, which the firm says is negotiable), per its own current brochure
Minimum to open an accountNot 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 Fiduciary Financial Advisors’ own fee schedule charges

IAPD lists former names Action Point Financial Planning, LLC and Luminous Money; the firm is based in Grand Rapids, Michigan. Every bracket is labelled Up to, so the schedule is a maximum.

“Our maximum annual fee is .95%. FEE SCHEDULE Assets Under Management Annual Fee Rate* Under $2,000,000 Up to 0.95% $2,000,001 to $5,000,000 Up to 0.90% $5,000,001 to $10,000,000 Up to 0.75% $10,000,0001 to $50,000,000 Up to .55% $50,000,001 to $150,000,000 Up to .35% Over $150,000,0001 Up to 0.15% *Fees are negotiable”

Every bracket in the schedule is an up-to maximum, and the brochure states the firm’s maximum annual fee is 0.95 percent, so each balance is priced as a ceiling. All four balances fall in the under-$2,000,000 bracket at 0.95 percent, and $2,000,000 exactly is treated at the same rate because the brochure’s table leaves that single dollar amount between its first two brackets and the next bracket starts at $2,000,001. No minimum annual dollar fee is disclosed, so no floor applies. Actual fees are negotiable and may be lower.

The table below is the firm’s own advisory fee schedule. Fund expenses, custodian charges and any third-party manager or platform fees are generally separate from an advisory fee like this one; Item 5 of the brochure lists what applies to a given account.

Account balanceAnnual fee
$250,000$2,375
$500,000$4,750
$1,000,000$9,500
$2,000,000$19,000

These figures come directly from Fiduciary Financial Advisors’ own current fee brochure, cited in Sources below.

Registration

Fiduciary Financial Advisors is registered with the SEC as an investment adviser (CRD #172103, 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

Fiduciary Financial Advisors’s Form ADV Part 2A states “Accounts initiated or terminated during a calendar quarter will be charged a prorated fee based on the days the Client account was open during that quarter.” Fiduciary Financial Advisors names three 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 Advisor Services discloses no comparable line item (an honest gap).

The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.

Other advisor-firm reviews

Read our review, this one too, and one more.

What we would compare it against

Before you decide, run the numbers against another firm using the financial advisor fee comparison, or price the dollar cost of any percentage fee over time with the Financial Advisor Fee Calculator and the Fee Drag Calculator.

Compare your next step

About how much do you have invested?

Choose a range to see an adviser-matching option. No contact details at this step.

Just comparing fees? Keep reading the fee guide.

Sources

Methodology. This page was built September 28, 2026, drawing directly on Fiduciary Financial Advisors’ 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 Fiduciary Financial Advisors’ own Form ADV Part 2A and Form CRS. We have not used Fiduciary Financial Advisors as a client. Fiduciary Financial Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.

Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.