Guides › Financial Advisor Fees
Updated September 24, 2026. Quick answer: Plancorp does not publish a minimum dollar amount to open a Wealth Management Services account. Instead, it enforces a $12,000-a-year minimum annual 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
“Clients are generally subject to a minimum annual fee of $12,000. … We do not require a minimum account value to open or maintain an account.”
Minimum investment and what it would cost
| Program | Minimum investment | Annual fee at that minimum | Waivable? |
|---|---|---|---|
| Wealth Management Services | No published minimum account size | $12,000-a-year minimum annual fee | N/A (fee floor, not account-size minimum) |
| Source: Plancorp Fee & Value Calculator (plancorp.com), embedded fee-schedule config in the published page, cross-checked against the firm’s Form ADV Part 2A Brochure, August 12, 2026 | |||
Plancorp’s own fee schedule at other balances
| Account balance | Annual fee |
|---|---|
| $250,000 | $12,000 |
| $500,000 | $12,000 |
| $1,000,000 | $12,000 |
| $2,000,000 | $20,000 |
What else to know
Plancorp does not require a minimum account value to open or maintain an account; instead it charges a $12,000-a-year minimum fee for Wealth Management Services.
What a larger account would cost
The minimum is only the entry point. On a $500,000 account, Plancorp’s own published fee schedule runs $12,000 a year; see the full dollar breakdown from Plancorp’s own fee disclosure across several account sizes. It is also worth knowing whether Plancorp is a fiduciary before you decide.
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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- Plancorp Fee & Value Calculator (plancorp.com), embedded fee-schedule config in the published page, cross-checked against the firm’s Form ADV Part 2A Brochure (August 12, 2026): https://www.plancorp.com/fee-calculator
- SEC Investment Adviser Public Disclosure, Plancorp, LLC (CRD #106599): https://adviserinfo.sec.gov/firm/summary/106599
- Plancorp, LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/106599/PDF/106599.pdf
Methodology. This page was built September 24, 2026, quoting directly from Plancorp’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.
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