Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: $500,000 for investment advisory services (general). Grimes & Company’s own Form ADV Part 2A brochure states this figure directly, though the firm can waive or reduce it at its own discretion. At that minimum, Grimes & Company’s own published fee schedule works out to $6,250 a year.
The minimum, in the firm’s own words
“Grimes generally requires a minimum asset level of $500,000 for investment advisory services. Clients referred to Grimes through either the Schwab Advisor Network or the Fidelity Wealth Advisor Solutions Program® are generally subject to a minimum asset requirement of $1,000,000.”
On waivability: “Grimes, in its discretion, may waive its minimum asset level, charge a lesser investment advisory fee, charge a flat fee, waive its fee entirely, or charge fee on a different interval, based upon certain criteria (i.e., anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts, account composition, complexity of the engagement, anticipated services to be rendered,”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| investment advisory services (general) | $500,000 | $6,250 | Yes, at the firm’s discretion |
| Source: Form ADV Part 2A, September 23, 2026 | |||
Grimes & Company’s own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $3,125 |
| $500,000 | $6,250 |
| $1,000,000 | $11,250 |
| $2,000,000 | $21,250 |
What else to know
Clients referred through the Schwab Advisor Network or the Fidelity Wealth Advisor Solutions Program face a higher $1,000,000 minimum instead of the $500,000 general figure priced here.
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, Grimes & Company’s own published fee schedule runs $6,250 a year; see the full dollar breakdown from Grimes & Company’s own fee disclosure across several account sizes.
Comparing minimums across firms? See what it takes to open an account with The Wealth Consulting Group.
Already a client and thinking about the minimum a different way, like whether you could get a better deal elsewhere? Read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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- Form ADV Part 2A (September 23, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1058890
- SEC Investment Adviser Public Disclosure, Grimes & Company Wealth Management, LLC (CRD #109420): https://adviserinfo.sec.gov/firm/summary/109420
- Grimes & Company Wealth Management, LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/109420/PDF/109420.pdf
Methodology. This page was built September 28, 2026, quoting directly from Grimes & Company’s 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.