The fees and costs of hiring and using a financial advisor vary widely. Some advisors charge percentage fees based on assets under management (AUM) with their firm. If, for example, your advisor charges 0.75% of assets under management per year and manages a portfolio of $200,000 for you, you will pay $1,500 per year for this service. If, in addition to the AUM fee, the advisor charges performance fees, integration fees, surcharges, commissions, trading fees or other additional fees, you will pay more. Look up any fees charged by your advisor by asking them and using the Investment Advisor for Public Disclosure (IARD) website review advisor’s opinions ADV form Part 2 brochure and CRS form, if applicable.