Guides › Financial Advisor Fees
Updated September 18, 2026. Quick answer: Mercer Advisors does not publish a minimum dollar amount to open a Custom Wealth account. Instead, it enforces a $15,000-a-year minimum fee, which becomes the real floor for smaller balances once the percentage schedule alone would charge less than that.
The minimum, in the firm’s own words
“Custom Wealth-Standard Annual Fee Schedule, WEALTH MANAGEMENT TIERED ADVISORY FEES-PERCENTAGE OF ASSETS MANAGED: First $1,000,000 1.10%; Next $1,000,000 1.00%; Next $3,000,000 0.90%; Next $5,000,000 0.75%; Over $10,000,000 0.50% Minimum Fee $15,000”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| Custom Wealth | No published minimum account size | $15,000 minimum annual fee | N/A (fee floor, not account-size minimum) |
| Source: Mercer Global Advisors Inc. Form ADV Part 2A Client Brochure (Custom Wealth / Wealth Management schedule), March 30, 2026 | |||
Mercer Advisors’s own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $15,000 |
| $500,000 | $15,000 |
| $1,000,000 | $15,000 |
| $2,000,000 | $21,000 |
What else to know
The percentage schedule alone works out to less than $15,000 for balances under $1.4 million, so the flat $15,000 minimum fee applies instead until an account is large enough to exceed it.
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, Mercer Advisors’ own published fee schedule runs $15,000 a year; see the full dollar breakdown from Mercer Advisors’ own fee disclosure across several account sizes.
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- Mercer Global Advisors Inc. Form ADV Part 2A Client Brochure (Custom Wealth / Wealth Management schedule) (March 30, 2026): https://www.merceradvisors.com/disclosures/
- SEC Investment Adviser Public Disclosure, Mercer Global Advisors Inc. (CRD #147363): https://adviserinfo.sec.gov/firm/summary/147363
- Mercer Global Advisors Inc., SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/147363/PDF/147363.pdf
Methodology. This page was built September 18, 2026, quoting directly from Mercer 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.
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