Fra Wealth Management LLC fees and pricing
Financial planner in O'fallon, Illinois. Registered with the SEC.
According to its Form ADV Part 2A brochure dated July 9, 2026, Fra Wealth Management LLC charges a flat or project fee of $10,000 for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed July 9, 2026. Fees can change, so confirm with the firm before you hire them.
- Flat or project fee
- $10,000
“The maximum fixed planning fee is $10,000.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Fra Wealth Management LLC bills
Payment and refund terms, quoted from the fee section of the brochure.
- “For ongoing management of the 529 plan, FRA bills one of the clients’ other accounts such as an IRA or individual account that we also manage and can bill fees to.”
- “Accounts initiated or terminated during a calendar month or quarter will be charged a prorated fee.”
- “However, clients have the option to choose between having fees deducted from client’s assets or being billed directly for fees incurred.”
How Fra Wealth Management LLC’s fees compare
- Its flat or project fee of $10,000 is above the Illinois median of $4,500. 78% of the 175 other Illinois planners that publish a flat or project fee charge less.
About Fra Wealth Management LLC
- Firm size: 2 employees.
- Registered as an adviser: 2025.
Firm details from Form ADV
- How the firm is paid
- Fixed or flat fees, percentage of assets under management
- Charges a % of assets
- Yes
- Highest asset based fee in brochure
- 2% a year
- Clients
- 910
- Employees
- 2
- Works with
- Individuals and high net worth individuals
- Services reported to regulators
- Financial planning, portfolio management for individuals and small businesses, and selecting other advisers
- Assets managed
- $112,760,000
- Registered with
- U.S. Securities and Exchange Commission
- Disciplinary disclosures
- None reported
- SEC CRD number
- 284020
- Phone
- (888) 915-0930
Can advise clients in 4 states: Florida, Illinois, Missouri, Texas
Other planners in Illinois that publish fees
- 15 Wealth Advisors LLCMundelein$250-$10,000/yr
- 1ST Advantage Financial Advisers, LLCLombard$200/hr
- Alo Financial PlanningMount Prospect$3,000
- Altair Advisers, LLCChicago$200-$500/hr
- Altman AdvisorsChicago$500/hr, $25,000
- Ameribanc CorporationHoffman Estates$500/hr, $250-$5,000
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.