Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: Flagstar Securities is registered with the SEC as an investment adviser (CRD #104233, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $7,500 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.
Flagstar Securities at a glance
| Fact | What Flagstar Securities’ own pages say |
|---|---|
| Legal entity | Flagstar Securities, Inc. |
| Registration | Flagstar Securities, Inc. is registered with the SEC as an investment adviser (CRD #104233, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $7,500 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 Flagstar Securities’ own fee schedule charges
The registrant is Flagstar Securities, Inc. of New York, a dually registered broker-dealer and investment adviser that the SEC record also lists as Flagstar Advisors and, formerly, Signature Securities Group. The priced schedule is the Managed Account Program advisory fee, and the brochure lists individuals and high net worth individuals among its clients.
“Market Value Annual Fee Up to $999,999 1.50% $1,000,000 $4,999,999 1.00% $5,000,000 $9,999,999 0.75% $10,000,000 $19,999,999 0.50% Above $20,000,000 0.40%”
The brochure says the table reflects the maximum fees the firm permits and is based on threshold billing, meaning that when the account balance reaches the next threshold, the listed fee is charged on the entire account balance. Each balance is therefore priced at the single rate for the band it falls in, applied to the whole balance rather than stacked by band. The brochure states that the firm has no minimum account size or minimum annual fee, so no floor applies. Advisory fees are described as negotiable, so the figures are ceilings rather than typical charges.
What the same brochure says about fees charged on top of this schedule: “Managed Account Program Client fees will include an advisory fee, a sponsor fee and if your account is managed by a TPA, an additional manager fee for such TPA.” 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 | $3,750 |
| $500,000 | $7,500 |
| $1,000,000 | $10,000 |
| $2,000,000 | $20,000 |
These figures come directly from Flagstar Securities’ own current fee brochure, cited in Sources below.
Registration
Flagstar Securities, Inc. is registered with the SEC as an investment adviser (CRD #104233, 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 Flagstar Securities 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.
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
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
- Form ADV Part 2A (July 14, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051710
- SEC IAPD firm summary (CRD #104233, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/104233
Methodology. This page was built September 28, 2026, drawing directly on Flagstar Securities’ 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 Flagstar Securities’ own Form ADV Part 2A and Form CRS. We have not used Flagstar Securities as a client. Flagstar Securities did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.