Patrick&#x27;s numbers seem way off from my knowledge of what is typical in the industry. Typically a fee-only who deals with smaller clients will be around $150-$200 a month for people under $1m[1]. At the higher level of assets someone will likely charge in the thousands for a single session. It is not flat across the board. A $50m nest-egg is often much more complex compared to someone who wants advice at the $50k level.<p>It is not unusual for someone with $50m to pay $10-30k just for an initial session with a firm they are considering working with and then more ongoing. Many of these people wouldn&#x27;t even consider working with someone who doesn&#x27;t charge that as they will immediately assume you are not experienced or skilled enough to handle their needs.<p>As with any business, customers often expect to get what they pay for, and pricing to your market is important.<p>[1]: XY Planning (<a href="http:&#x2F;&#x2F;www.xyplanningnetwork.com&#x2F;advisor&#x2F;" rel="nofollow">http:&#x2F;&#x2F;www.xyplanningnetwork.com&#x2F;advisor&#x2F;</a>) is one example I can think of, and I believe they also work with Betterment for the investments. <a href="http:&#x2F;&#x2F;www.thinkadvisor.com&#x2F;2015&#x2F;02&#x2F;27&#x2F;xy-planning-brings-betterment-institutional-to-nex" rel="nofollow">http:&#x2F;&#x2F;www.thinkadvisor.com&#x2F;2015&#x2F;02&#x2F;27&#x2F;xy-planning-brings-be...</a>