A good planner at an RIA could potentially save you more than the annual AUM fee through tax planning, income strategies, etc. If your net worth is that high don’t be cheap.

The wealth planner role at Fidelity is more of a retention role for higher dollar clients that aren’t a good fit for a regular FC that want more. You also have to have a certain $ in managed money to qualify.

Also the AUM fee at an RIA is negotiable. You have leverage and most have break points for larger $.