James Castellano

Horace Mann Investors offers investment management services through model portfolios managed by third-party firms. The annual fee is a percentage of your portfolio, and the specific rate depends on the model portfolio you choose and the amount you invest. Here are some examples:

• BNY AdvisorFlex Portfolios:

  • First $500,000: 1.60%
  • $500,001 - $1,000,001: 1.40%
  • Over $1,000,001: 1.20%

• BNY/American Funds Core Portfolios:

  • First $250,000: 1.30%
  • $250,001 - $500,000: 1.20%
  • $500,001 - $1,000,000: 1.00%
  • $1,000,001 - $5,000,000: 0.95%
  • Over $5,000,000: 0.90%

• BNY Managed360 Third-Party Strategists Program:

  • First $250,000: 1.60%
  • $250,001 - $500,000: 1.40%
  • $500,001 - $1,000,000: 1.20%
  • $1,000,001 - $5,000,000: 1.15%
  • Over $5,000,000: 1.10%

• BNY Wealth Start Portfolios:

  • First $250,000: 1.30%
  • $250,001 - $500,000: 1.20%
  • $500,001 - $1,000,000: 1.00%
  • $1,000,001 - $5,000,000: 0.95%
  • Over $5,000,000: 0.90%

• BNY Asset Allocation Portfolios:

  • First $250,000: 1.60%
  • $250,001 - $500,000: 1.40%
  • $500,001 - $1,000,000: 1.30%
  • $1,000,001 - $5,000,000: 1.20%
  • Over $5,000,000: 1.00%

• Envestnet Fund Strategist Programs: These portfolios are closed to new investors.

Fees are billed quarterly in advance. Some portfolios may have termination fees if you close the account within the first year.