Advisory fees are negotiable and vary by program and financial professional. Fees are based on assets under management, except for financial planning, which is charged hourly (up to $500/hour) or as a flat fee (up to $10,000). Wrap programs include advisory, brokerage, and custodial services in one fee. Non-wrap programs have separate fees for sub-advisors, custodians, and trade execution. Minimum platform fees may apply to some programs. Clients may be able to lower advisory fees based on household assets.