Updated July 7, 2026. Quick answer (2026): Financial advisor fees for a $1 million portfolio are about $10,000/year at 1.00% AUM, $7,500/year at 0.75% AUM, and $5,000/year at 0.50% AUM before fund, platform, overlay, trading, tax-prep, or implementation costs. Compare that dollar cost against flat annual, retainer, hourly, and project quotes for the same written scope.
Use this $1 million portfolio guide when you are comparing advisor proposals, rollover advice, retirement-income planning, taxable-account management, Roth conversion coordination, estate basics, charitable planning, and implementation help.
Fast tools
- Financial advisor fee calculator
- Advisor fees by portfolio size
- AUM fees by balance
- 10-year advisor fee comparison
- Flat-fee financial advisor
$1 million portfolio advisor fee table
| Quote type | Example annual cost | What to confirm |
|---|---|---|
| 1.00% AUM | $10,000/year | Whether planning, implementation, tax coordination, and fund/platform costs are included or separate. |
| 0.75% AUM | $7,500/year | Service tier, breakpoint schedule, meeting cadence, advisor team, and written deliverables. |
| Flat annual planning | $5,000-$12,000/year | Scope, investment management, tax planning, retirement-income map, and support between meetings. |
| Retainer or project | $300-$1,000/month or $2,000-$7,500+ per project | Cancellation terms, project cap, implementation rules, and what becomes hourly. |
Price the quote you were actually given
Enter the annual rate you were actually quoted. This prices it against the by-slice breakpoint schedule published on this site — one example schedule, not a market benchmark — and shows the difference in annual dollars. Neither figure includes fund expense ratios or platform layers.
What to ask at $1 million
- What is my all-in annual cost in dollars?
- How does the fee change if the portfolio grows above $1 million?
- Would a flat annual fee include the same investment and planning scope?
- How will you coordinate taxes, retirement withdrawals, Social Security, Roth conversions, RMD timing, and estate basics?
- Are you a fiduciary for the entire relationship?
Related balances: $500k portfolio advisor fees, $2 million portfolio advisor fees, and $3 million portfolio advisor fees.
Methodology
- We convert common advisor percentage quotes into annual dollars for a $1,000,000 portfolio.
- We compare AUM against flat annual, retainer, hourly, project, and robo-supported pricing by first-year cost and written scope.
- This page was materially reviewed on July 7, 2026. Fee examples are educational, not personalized financial, tax, legal, or investment advice.
Editorial standards: Editorial Policy
What firms actually disclose at this balance. In our own benchmark of published adviser fee schedules, the weighted median annual cost at $1,000,000 is $8,750 to $10,000, taken from the Form ADV Part 2A filings of 176 SEC-registered advisers. The full benchmark, with method.
More balances, same measured basis: $750k · $5 million · $10 million — the last two sit above our measured range and are labelled as upper bounds rather than going rates.