It depends on the type of account.  Generally 1%, you keep about 40% of that.  So annually, you’ll make around $400 on a $100,000 account.

Fees officially start at about 3% for managed accounts and 1.5% for fee-based trading accounts. Usually, these fees are discounted 30-50% by the broker.

The industry is being pulled towards 1%, as this is increasingly the standard in the independent world.

Anything more than 1% is robbery. 

thus far, i have found as an independent (because my payout is higher), i can charge 80-85 bps and win the business easily.

me at 88% payout on 500k account at 80 bps = net payout of $3400/year.

others at wirehouse at 40% payout at 125 bps on same 500k = net payout of $2500/year.

effectively, i can charge less and make more.  better for client, better for me.

$100K - $250K  1.3%

$250K - $500K 1.2%

$500K - $1 Mil  1.1%

$1Mil -  $2.5Mil 1%

$2.5Mil - $5Mil  .9%

$.5Mil +    We can talk about it.

These are for an ETF portfolio (average .25bps expense ratio). So, even the $150K accounts are only paying a tad over 1.5% for everything.

[quote=AllREIT]Anything more than 1% is robbery. 
[/quote]

I get more than that because I’m worth it…

[quote=now_indy]

These are for an ETF portfolio (average .25bps
expense ratio). So, even the $150K accounts are only paying a tad over
1.5% for everything.

joedabrkr,

I get more than that because I'm worth it.....
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Your Mom's opinion doesn't count, sport!

[quote=doberman]

joedabrkr,

I get more than that because I'm worth it.....
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Your Mom's opinion doesn't count, sport!