WealthAnswer (2026): Advisor fees are not just the AUM percentage. The real cost includes fund expenses, platform fees, and any product incentives. The most reliable way to evaluate value is to review Form CRS and Form ADV, then compare the fee model to the scope of service you actually use.
Context: Best for households paying more than $10,000 per year in advice fees or considering a switch.
Action: Use the Advisor page to see how X1 coordinates with your existing professionals, then map your current fees against the service scope you actually use.
Last reviewed: January 21, 2026.
Identify the fee model. AUM, flat fee, hourly, or subscription.
List the scope of service. Investment only or full planning, tax coordination, estate coordination, and business planning.
Review conflicts. Use Form CRS and Form ADV to identify incentives, revenue sharing, or product compensation.
Calculate total cost. Include AUM fee, fund expenses, and platform costs.
Match cost to complexity. A higher fee can be justified if planning scope is real and used.
If a household pays 1.0% on $2M, the annual fee is $20,000 before fund expenses. If the advisor provides only investment management, the fee may be out of sync with actual complexity. If that number surprises you, it is a signal to review scope and conflicts.
Collect Form CRS and Form ADV, then compare the fee model to the scope of service. If the gap is large, align your professionals around a shared plan.
This guide is for planning and coordination only. It does not provide investment, tax, or legal advice. Confirm decisions with a qualified professional.