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Webull Advisors Review (2026): Fees and SEC Registration

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Updated September 28, 2026. Quick answer: Webull Advisors is registered with the SEC as an investment adviser (CRD #304881, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $1,000 a year under its published fee schedule. Already a client and thinking about leaving? Budget $75 at Webull Financial. This review covers what its own fee brochure and current SEC registration confirm today; it does not assess fiduciary status or account minimums.

For a closer look at this firm: Webull Advisors Fees and How to Leave Webull Advisors.

Webull Advisors at a glance

FactWhat Webull Advisors’ own pages say
Legal entityWebull Advisors LLC
RegistrationWebull Advisors LLC is registered with the SEC as an investment adviser (CRD #304881, confirmed ACTIVE this session via SEC IAPD).
Fee on a $500,000 account$1,000 a year, per its own current brochure
Minimum to open an accountNot assessed in this review; see Item 5 of its Form ADV Part 2A
Cost to leave (exit fee)$75 at Webull Financial

What Webull Advisors’ own fee schedule charges

The registrant is Webull Advisors LLC, the same name the firm markets under. The brochure reports $48,858,729 in assets under management as of March 2026. The priced fee covers individual clients in taxable and non-taxable accounts, which the brochure describes as the firm’s client base.

“Webull Advisors charges each client an annualized advisory fee (the “Advisory Fee”), billed monthly, in an amount equal to the greater of (i) 0.20% on the client’s assets under management with the Advisor, or (ii) $1. The Advisory Fee is non-negotiable.”

Webull Advisors charges one flat annual rate of 0.20% on all assets under management, so each balance is simply multiplied by that rate. The brochure sets a $1 annual floor, which does not bind at any balance shown. There are no breakpoints; the rate does not step down as the balance grows.

The table below is the firm’s own advisory fee schedule. Fund expenses, custodian charges and any third-party manager or platform fees are generally separate from an advisory fee like this one; Item 5 of the brochure lists what applies to a given account.

Account balanceAnnual fee
$250,000$500
$500,000$1,000
$1,000,000$2,000
$2,000,000$4,000

These figures come directly from Webull Advisors’ own current fee brochure, cited in Sources below.

Registration

Webull Advisors LLC is registered with the SEC as an investment adviser (CRD #304881, confirmed ACTIVE this session via SEC IAPD).

This is a registration confirmation only, not a fiduciary-standard verdict (a registered investment adviser can still be a dual registrant with a broker-dealer, which changes which standard applies in each capacity).

What it costs to leave

Webull Advisors LLC’s Form ADV Part 2A states “If an account is terminated before the end of the month, the Advisory Fee payable for such month will be pro-rated and assessed at the time of account closure.” Webull Advisors LLC names exactly one custodian in its brochure: Webull Financial LLC. Webull Financial LLC’s own published fee schedule states “Transfer from Webull”

The general mechanics of switching financial advisors and a dated termination letter apply regardless of firm.

Other advisor-firm reviews

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What we would compare it against

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Sources

Methodology. This page was built September 28, 2026, drawing directly on Webull Advisors’ own current fee brochure, cited in Sources below, and a fresh SEC IAPD registration check run the same day. Where exit-fee facts are cited, they trace to the named custodian’s own published schedule. Any fact we could not independently confirm 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 Webull Advisors’ own Form ADV Part 2A and Form CRS. We have not used Webull Advisors as a client. Webull Advisors did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.

Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.