Issue link: https://resources.envestnet.com/i/1542168
© 2025 Envestnet, Inc. All rights reserved. 2022 2023 2024 Source: Envestnet Intelligence. As of December 31, 2024. Includes Advisor Model, Fund Strategist Portfolio, Separate Account, Multi-Manager Account and Unified Managed Account programs. 120 100 80 60 40 20 0 10K-50K 50K-100K (BPS) 100K-250K 250K-500K AVERAGE FEE BY ACCOUNT SIZE 500K-1M 1M-2.5M 2.5M-5M 5M+ 105.16 105.74 102.34 106.09 104.42 106.53 102.70 101.39 101.53 97.07 96.25 96.77 89.66 89.63 90.34 80.13 79.74 81.25 66.76 67.75 70.23 54.16 53.84 59.14 89.15 86.99 89.19 94.08 92.63 96.81 76.47 78.54 78.36 88.89 90.84 90.21 91.16 91.21 89.71 120 100 80 60 40 20 0 APM FSP SMA MMA UMA (BPS) AVERAGE FEE BY PROGRAM Source: Envestnet Intelligence. As of December 31, 2024. Includes Advisor Model, Fund Strategist Portfolio, Separate Account, and Unified Managed Account programs. 94.04 92.83 90.16 86.99 85.63 89.23 84.53 84.51 84.56 86.77 86.59 87.07 95 90 85 80 75 BANK BD INDEPENDENT BD INSURANCE BD RIA AVERAGE FEE BY SEGMENT Source: Envestnet Intelligence. As of December 31, 2024. Includes Advisor Model, Fund Strategist Portfolio, Separate Account, and Unified Managed Account programs. A Deep Dive into Financial Advisor Fees Our research considers accounts opened on the Envestnet platform in 2022–2024 across all major programs and advisor segments and measures fees in basis points (bps) charged on assets under management (AUM). (BPS)