Financial Advisor Fee Calculator
Save & share options
Over 20 years, the percentage-of-assets fee would cost you $414,603. Your lowest-cost option, the project fee, would cost $71,096.
Total cost over 20 years: the fees plus the growth they cost you
- ProjectLowest cost$71,096
- Hourly$223,107
- Flat annual fee$247,896
- Percentage of assets$414,603
More options
%
Removes 2.5% a year of inflation from every dollar figure.
Leave at $0 for a single percentage rate.
Only if the same advisor charges both.
Lowest: Project, $71,096 · Highest: Percentage of assets, $414,603
With no fee at all, you’d have $2,461,224 after 20 years.
Break-even rates
- A percentage fee below 0.58% would cost you less than the flat fee.
- A percentage fee below 0.52% would cost you less than the hourly fee.
- A percentage fee below 0.16% would cost you less than the project fee.
Total cost of each fee type over 20 years
What this uses
- Investment return
- 7.0% a year, the same every year, before any fee
- Inflation
- 2.5% a year, used for today's dollars and for contributions that rise with inflation, whatever the fee increase is set to
- Fee increases
- The flat, hourly, project and planning fees rise 2.5% a year, starting from year 1; the percentage schedule does not change
- Billing
- Every fee is charged once a year, at year end, on the year-end balance
- Contributions
- $12,000 added at the start of every year, the same each year, then growth, then the fee