How much are investment management fees? Financial advisor fees
|Fee type||Typical cost|
|Assets under management (AUM)||0.25% to 0.50% annually for a robo-advisor; 1% for a traditional in-person financial advisor.|
|Flat annual fee (retainer)||$2,000 to $7,500|
|Hourly fee||$200 to $400|
|Per-plan fee||$1,000 to $3,000|
What percentage do most financial advisors charge?
The average financial advisor fee is 1%, but they're often charged on a sliding scale. So the more assets you have under management, the lower your fee percentage will be.
How much commission do financial advisors make?
Commission: The average commission is based on a percentage of your investment in a fund, which falls between 3–6%. Hourly fee: The average hourly financial planner fee ranges between $120–300.
How much do financial advisors make at Edward Jones?
Average Edward Jones Financial Advisor yearly pay in the United States is approximately $52,675, which is 27% below the national average.
What is a typical fiduciary fee?
Our trustee should receive a fee for his or her services in accord with the hourly rate that a private professional fiduciary would charge.” Professional fiduciaries, licensed by California's Professional Fiduciaries Bureau, charge in the neighborhood of $100 to $150 per hour.
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Is Edward Jones fee based or commission based?
You do not pay a commission to Edward Jones or your financial advisor when you exchange or sell a fund. For a new purchase of a variable annuity, you will pay a commission of 5.00% unless you qualify for a breakpoint discount.
How much does the average Edward Jones advisor manage?
Edward Jones Financial Advisor Salaries
|Edward Jones Edward Jones Financial Advisor salaries - 57 salaries reported||$52,267/yr|
|Edward Jones Edward Jones Financial Advisor salaries - 5 salaries reported||$16/hr|
|Amazon Edward Jones Financial Advisor salaries - 1 salaries reported||$102,804/yr|