Issue link: https://resources.envestnet.com/i/1542168
© 2025 Envestnet, Inc. All rights reserved. Source: Envestnet Intelligence. As of December 31, 2024. Includes only Unified Managed Account (UMA) Program 120 100 80 60 40 20 0 10K-50K 50K-100K 100K-250K 250K-500K UMA- AVERAGE FEE BY ACCOUNT SIZE 500K-1M 1M-2.5M 2.5M-5M 5M+ 108.19 106.50 103.89 109.98 108.11 105.79 105.85 104.98 103.15 99.94 99.19 98.61 92.76 92.72 92.30 83.29 83.61 82.72 71.23 73.65 71.33 58.05 60.90 59.89 2022 2023 2024 A Closer Look into Unified Managed Accounts The Unified Managed Account (UMA) program is quickly becoming the program of choice for financial advisors to manage all sizes of client accounts – from small account solutions comprised of mutual funds and ETFs to larger, high-net-worth portfolios that incorporate multiple separately managed accounts, direct indexing, and tax management solutions into one account. Although our data shows that financial advisor fees have not experienced the compression levels often seen elsewhere in the industry, the value being delivered by financial advisors has evolved significantly. Today's financial advisors are not just investment managers – they are comprehensive wealth managers, guiding clients through financial planning, budgeting, credit management, tax strategies, and estate planning. As the industry continues to evolve, the advisor's role as a trusted guide is more important than ever. If you'd like to dive deeper into fee benchmarking, advisor trends, or best practices for holistic wealth management, reach out to our team or explore more at Envestnet Intelligence. Key Takeaway