Mercury Financial Advisors fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 25, 2025. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$1,500

“The cost for a Financial Review is a flat fee of $1,500.00 payable in two parts.”

Annual fee

$4,000/yr

“The first year “Retainer” fee ranges from $4,000~ $50,000.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Mercury Financial Advisors bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Fees are payable quarterly in advance, with the first quarterly payment due on execution of the engagement agreement.”
• “Prepaid but unearned client fees will be promptly refunded on a pro-rata basis calculated on the ratio of days the contract has been in effect divided by the length of the entire term.”
• “Any fees that have been earned but not yet paid by client, calculated on the same basis, will be due and payable.”

How Mercury Financial Advisors’ fees compare

• Its flat or project fee of $1,500 is below the New York median of $4,500. 15% of the 251 other New York planners that publish a flat or project fee charge less.
• 2 of the 6 other planners in Albany that publish a flat or project fee charge less.
• Its annual fee of $4,000 is below the New York median of $6,250. 33% of the 80 other New York planners that publish an annual fee charge less.
• It doesn't charge a percentage of the assets it manages, so its fee won't grow with your portfolio.

About Mercury Financial Advisors

• Solo practice: one person runs the firm, so you work directly with the planner.
• Meets clients remotely: the brochure mentions virtual or online meetings.
• Founded: 2012 (14 years).

Firm details from Form ADV

How the firm is paid

Fixed or flat fees

Charges a % of assets

No

Clients

16

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Assets managed

$23,000,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

166362

Website

mercuryfinadv.com (opens in new tab)

Phone

(518) 364-7554

Other planners in Albany that publish fees

• Albanyadvisor Group LLCAlbany$495
• Allsquare Wealth Management, LLCAlbany$100⁠-⁠$300/hr, $500⁠-⁠$2,000
• Arista Advisory Group, LLCAlbany$150⁠-⁠$295/hr, Up to $10,000
• Blue Jean Financial LLCAlbany$900⁠-⁠$50,000
• Eden Advisory Services, LLCAlbany$80⁠-⁠$300/hr, $1,000⁠-⁠$5,000
• Lahontan Capital LLCAlbany$500/hr, $6,000

Compare all 13 planners in Albany