Guides › Financial Advisor Fees
Updated September 24, 2026. Quick answer: Transamerica Financial Advisors is registered with the SEC as both a broker-dealer and an investment adviser. Per its own current fee brochure, a $500,000 account would run up to $13,750 a year (the published maximum) under its published fee schedule; the minimum to open an account is $10,000 to $250,000 for TFA365 Advisory Program, depending on strategy. Is it a fiduciary? Yes, when it is acting as your investment adviser; when the same representative acts as your broker-dealer instead, the applicable standard is best-interest, not fiduciary, and its own Form CRS states representatives can earn commissions in that capacity.
Transamerica Financial Advisors at a glance
| Fact | What Transamerica Financial Advisors’ own pages say |
|---|---|
| Legal entity | Transamerica Financial Advisors, LLC |
| Registration | Transamerica Financial Advisors, LLC (“we or us”) is registered with the U.S. Securities and Exchange Commission (“SEC”) as both a broker-dealer and an investment adviser and is a member of the Financial Industry Regulatory Authority (“FINRA”), the Municipal Securities Rulemaking Board (“MSRB”) and the Securities Investor Protection Corporation (“SIPC”). |
| Fee on a $500,000 account | Up to $13,750 a year (the published maximum), per its own current brochure |
| Minimum to open an account | $10,000 to $250,000 for TFA365 Advisory Program, depending on strategy |
| Cost to leave (exit fee) | See how to leave Transamerica Financial Advisors |
What Transamerica Financial Advisors’ own fee schedule charges
“TFA has established the following tiered fee schedule for Program participants that results in a blended rate… TFA365 Advisory Annual Total Program Fee Schedule: [every asset range from $0-$150,000 through over $5,000,000 lists an identical Maximum Annual Total Program Fee of] 2.75%.”
TFA365’s own table varies the internal split (investment-adviser-representative fee, platform fee, portfolio-manager fee) by asset range, but the Maximum Annual Total Program Fee column is an identical 2.75% ceiling at every range, so dollar_at = balance x 0.0275 at each of the four balances.
| Account balance | Annual fee |
|---|---|
| $250,000 | $6,875 |
| $500,000 | $13,750 |
| $1,000,000 | $27,500 |
| $2,000,000 | $55,000 |
See the full breakdown, including how the figure is calculated, on Transamerica Financial Advisors’ own fee page.
Is Transamerica Financial Advisors a fiduciary?
Transamerica Financial Advisors, LLC (“we or us”) is registered with the U.S. Securities and Exchange Commission (“SEC”) as both a broker-dealer and an investment adviser and is a member of the Financial Industry Regulatory Authority (“FINRA”), the Municipal Securities Rulemaking Board (“MSRB”) and the Securities Investor Protection Corporation (“SIPC”).
“When we provide you with a recommendation as your broker‑dealer or act as your investment adviser, we have to act in your best interest and not put our interest ahead of yours.”
For brokerage accounts, we compensate our FPs with a portion of the commission that you pay to us or that we receive from the product issuer. For advisory accounts, our FPs receive a portion of the advisory fee we collect from you or from a third-party money manager. We may also provide bonuses to our FPs based on their sales activity and/or the amount of assets they manage.
Full detail, including the exact registration type and source: Transamerica Financial Advisors’ fiduciary status, explained.
The minimum to open an account
“TFA365 Advisory Strategist Program Minimum Account Value: $10,000… TFA365 Advisory Separately Managed Account Program Minimum Account Value: $ 250,000… TFA365 Advisory Unified Managed Account Program Minimum Account Value: $ 10,000”
$10,000 to $250,000 for TFA365 Advisory Program, depending on strategy. See the full minimum-investment breakdown, including what that minimum would cost per year, on Transamerica Financial Advisors’ minimum investment page.
What it costs to leave
A dedicated how-to-leave page for Transamerica Financial Advisors covers the exit costs in full. The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.
What we would compare it against
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Source: WiserAdvisor’s service descriptionSources
- Transamerica Financial Advisors, LLC Form ADV Part 2A, Appendix 1, TFA365 Advisory Program Brochure (March 31, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1035963
- Transamerica Financial Advisors, LLC Form CRS (Version 3/2026): https://reports.adviserinfo.sec.gov/crs/crs_16164.pdf
- SEC Investment Adviser Public Disclosure, Transamerica Financial Advisors, LLC (CRD #16164): https://adviserinfo.sec.gov/firm/summary/16164
- Transamerica Financial Advisors, LLC, SEC Form ADV filing: https://reports.adviserinfo.sec.gov/reports/ADV/16164/PDF/16164.pdf
Methodology. This page was built September 24, 2026, drawing directly on Transamerica Financial Advisors’ own current fee brochure and Form CRS, both linked above, plus this site’s own already-published fiduciary and minimum-investment pages for the same firm, each independently sourced when it was built. 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 Transamerica Financial Advisors’ own Form ADV Part 2A and Form CRS. We have not used Transamerica Financial Advisors as a client. Transamerica Financial Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
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