How much does a financial planner cost?

The cost of a financial planner depends on the service model. Some advisors earn commissions from selling financial products, while others charge hourly fees, flat planning fees, or a percentage of the assets they manage (typically around 0.5%–1.5% annually, depending on the complexity of your financial situation).

A fiduciary financial advisor, like Mission Wealth, is legally obligated to act in your best interest, which can reduce conflicts of interest and provide more objective advice than commission-based models. For many individuals and families, paying a transparent fiduciary fee often delivers greater long-term value through comprehensive financial planning, tax strategies, investment management, and coordinated advice that can help improve financial outcomes over time.