Guides › Financial Advisor Fees
Updated September 28, 2026. Quick answer: It depends which strategy you pick: the Program runs from $100 to $50,000, depending on the specific strategy or model portfolio. At the $100 low end, Interactive Advisors’ own fee schedule works out to $0.20 a year; strategies at the high end require substantially more.
The minimum, in the firm’s own words
“Utilizing fractional trading, the majority of portfolios on our platform have an investment minimum of just $100. Interactive Advisors has established the following account minimums: … Manager Portfolios-For most Manager Portfolios the investment minimums range between $500 and $50,000, with the majority of these portfolios having minimum required investments of $10,000 and below; and … Interactive Advisors Portfolios (e.g., Smart Beta, Asset Allocation, Socially Responsible Investing Portfolios, Index Tracking, WisdomTree ETF Portfolios, SSGA ETF Portfolios, and Global X ETF Portfolios)-$100 minimum investment.”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| the Program (lowest-minimum strategy) | $100 | $0.20 | No stated waiver |
| the Program (highest-minimum strategy) | $50,000 | Varies by strategy | No stated waiver |
| Source: Interactive Advisors (Covestor Ltd) Informational Brochure, February 23, 2024 | |||
Interactive Advisors’ own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $500 |
| $500,000 | $1,000 |
| $1,000,000 | $2,000 |
| $2,000,000 | $4,000 |
What else to know
The $100 figure and the fee schedule below apply to Interactive Advisors’ own in-house portfolios (Smart Beta, Asset Allocation, SRI, Index Tracking, and the ETF Portfolios), the ones priced on this firm’s fee page. Third-party Manager Portfolios use their own separate, unpublished fee schedules.
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, Interactive Advisors’ own published fee schedule runs $1,000 a year; see the full dollar breakdown from Interactive Advisors’ own fee disclosure across several account sizes. Read our full review of Interactive Advisors before you decide.
Already a client and thinking about the minimum a different way, like whether you could get a better deal elsewhere? See how much it costs to leave Interactive Advisors, or read the general mechanics of switching financial advisors, or use a dated termination letter once you decide.
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- Interactive Advisors (Covestor Ltd) Informational Brochure (February 23, 2024): https://cdn.interactiveadvisors.com/documents/official-notices/informational-brochure-23-feb-2024.pdf?v=5f9548b7
- SEC Investment Adviser Public Disclosure, Covestor Ltd (d/b/a Interactive Advisors) (CRD #145694): https://adviserinfo.sec.gov/firm/summary/145694
- Covestor Ltd (d/b/a Interactive Advisors), SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/145694/PDF/145694.pdf
Methodology. This page was built September 28, 2026, quoting directly from Interactive Advisors’ 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.