Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: Fragasso Financial Advisors is registered with the SEC as an investment adviser (CRD #123255, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $6,250 a year under its published fee schedule. Already a client and thinking about leaving? Budget $50 if Schwab custodies your account. This review covers what its fee brochure and current SEC registration confirm today; this firm also has a fiduciary-status page and minimum-investment page on this site.
Fragasso Financial Advisors at a glance
| Fact | What Fragasso Financial Advisors’ own pages say |
|---|---|
| Legal entity | Fragasso Financial Advisors, Inc. |
| Registration | Fragasso Financial Advisors, Inc. is registered with the SEC as an investment adviser (CRD #123255, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $6,250 a year, per its own current brochure |
| Minimum to open an account | See the minimum-investment page for Fragasso Financial Advisors |
| Cost to leave (exit fee) | $50 if Schwab custodies your account |
What Fragasso Financial Advisors’ own fee schedule charges
CRD 123255 verified ACTIVE and SEC-registered (isIAFirm: Y) via the live SEC IAPD API this session. As of December 31, 2025, FFA reported total client account market value of $3,032,996,877. Individual clients generally need a minimum of $250,000 of investable assets for the household to open an account, and retirement plans need a $500,000 minimum in plan assets; no minimum dollar fee floors the Asset Management Services schedule priced here, only a rule limiting prepayment to $1,200 collected more than six months in advance.
“1.25% on the first $500,000 1.00% on the amount from $500,001 to $1,000,000 0.75% on the amount from $1,000,001 to $5,000,000 0.50% on the amount from $5,000,001 to $10,000,000”
Fragasso blends its advisory fee by tier under its Asset Management Services schedule, starting at 1.25% on the first $500,000 and stepping down at higher balances. The figures below sum each bracket’s share of the balance at its own rate.
| Account balance | Annual fee |
|---|---|
| $250,000 | $3,125 |
| $500,000 | $6,250 |
| $1,000,000 | $11,250 |
| $2,000,000 | $18,750 |
See the full breakdown, including how the figure is calculated, on Fragasso Financial Advisors’ own fee page.
Registration
Fragasso Financial Advisors, Inc. is registered with the SEC as an investment adviser (CRD #123255, 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). For the fiduciary-standard question itself, see the fiduciary-status page for Fragasso Financial Advisors.
What it costs to leave
Fragasso Financial Advisors, Inc.’s Form ADV Part 2A states “You may terminate the agreement for services with us at any time with written notice.” Fragasso Financial Advisors, Inc. names two possible custodians in its brochure, with no single default. Charles Schwab & Co., Inc.’s own published fee schedule states “Full transfer (out) of assets: $50 per account.” Interactive Brokers LLC discloses no comparable line item (an honest gap).
The full walkthrough for Fragasso Financial Advisors is on our how to leave Fragasso Financial Advisors page; the general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
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- Form ADV Part 2A (July 8, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051081
- SEC IAPD firm summary (CRD #123255, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/123255
Methodology. This page was built September 28, 2026, drawing directly on Fragasso Financial Advisors’ own current fee brochure, linked above, and a fresh SEC IAPD registration check run the same day. As of September 28, 2026, this site publishes a fiduciary-status page and a minimum-investment page for Fragasso Financial Advisors; where the exit-fee page already exists it is linked above and drawn from that already-sourced page. 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 Fragasso Financial Advisors’ own Form ADV Part 2A and Form CRS. We have not used Fragasso Financial Advisors as a client. Fragasso Financial Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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