Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: $1,000,000 for Private Client Group (PCG). Fisher Investments’ own Form ADV Part 2A brochure states this figure directly, though the firm reserves some discretion to adjust it. At that minimum, Fisher Investments’ own published fee schedule works out to $12,500 a year.
The minimum, in the firm’s own words
“At present, The Private Client Group (PCG) targets aggregated accounts with at least $1,000,000 in investable assets owned by a client, but may accept smaller values at FI’s discretion.”
On waivability: “but may accept smaller values at FI’s discretion”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| Private Client Group (PCG) | $1,000,000 | $12,500 | Partially, at the firm’s discretion |
| Source: Fisher Investments Form ADV Part 2A, “Private Client” Brochure, February 11, 2026 | |||
$1,000,000 is exactly Fisher’s first marginal breakpoint: 1.25% on the first $1,000,000 works out to $12,500 a year.
Fisher Investments’s own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $3,750 |
| $500,000 | $7,500 |
| $1,000,000 | $12,500 |
| $2,000,000 | $23,750 |
What else to know
Fisher’s $1 million figure is described as a target, not a hard requirement. Below it, the firm says it will accept smaller relationships at its own discretion, billed at a flat 1.50% rate instead of the tiered schedule that applies at or above the target.
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, Fisher Investments’ own published fee schedule runs $7,500 a year; see the full dollar breakdown from Fisher Investments’ own fee disclosure across several account sizes.
Already a client and thinking about the minimum a different way, like whether you could get a better deal elsewhere? See what it costs to leave Fisher Investments, or read the general mechanics of switching financial advisors.
Compare your next step
Just comparing fees? Keep reading the fee guide.Optional next step
Explore an adviser match
Compare the services and the full fee before deciding whether to hire anyone.
- No fee to request a match
- No obligation to hire
Expect questions about your situation, your name, email and phone, and phone verification by text. A match is not guaranteed.
The form is run by Kapitalwise, our advisor-matching partner. Kapitalwise sends your details to advisers who pay for the introduction, so expect calls and texts. Clear Money Guide is paid when you submit the form, whether or not you ever hire anyone. This is free to you and there is no obligation to hire anyone.
Opens here. Nothing loads and nothing reaches Kapitalwise until you press the button.
How our partner relationships workCompare an adviser match before you decide
Ask about the full fee, what it covers and how the adviser is paid. A match is an introduction, not a recommendation from Clear Money Guide.
- Free matching service
- No obligation to hire
The matching service is run by WiserAdvisor, an independent advisor-matching company. It opens on their site, asks for your ZIP code and a few questions, and matches you with 2 to 3 vetted advisors. It is free to you. WiserAdvisor states the service is built for portfolios of $250,000 and above. By submitting, you consent to emails, phone calls and text messages from WiserAdvisor and up to three advisors, so expect to be contacted. Advisers pay for the introduction. Clear Money Guide is paid when you complete the form, whether or not you ever hire anyone. There is no obligation to hire anyone.
Continue to WiserAdvisorOpens on WiserAdvisor’s site in a new tab.
Source: WiserAdvisor’s service descriptionSources
- Fisher Investments Form ADV Part 2A, “Private Client” Brochure (February 11, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008280
- SEC Investment Adviser Public Disclosure, Fisher Investments, Inc. (CRD #107342): https://adviserinfo.sec.gov/firm/summary/107342
- Fisher Investments, Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/107342/PDF/107342.pdf
Methodology. This page was built September 18, 2026, quoting directly from Fisher Investments’ own current Form ADV Part 2A / wrap-fee brochure, with the source linked above. The annual-fee-at-the-minimum figure applies that same brochure’s own published fee schedule to the disclosed minimum dollar amount; any distinction we could not independently confirm this session 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 the firm’s own Form ADV Part 2A. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
Weighing whether to move ahead? Read the full Fisher Investments review, including its fiduciary status and what it costs to leave.
Comparing Fisher Investments against other options? See Fisher Investments alternatives, including a lower-fee full-service firm, a flat-fee route, and a robo/hybrid.
How much do you need to open an account? Compare the minimum investment at 128 advisory firms, each taken from the firm’s own Form ADV Part 2A brochure.