O.N. Investment Management Company (ONIMCO) provides financial planning and investment advisory services. Financial planning covers areas like cash flow, education, retirement, investments, risk management, insurance, and estate planning. For investment management, ONIMCO uses third-party programs or IAR-Directed Programs through Envestnet, where the advisor selects investments based on your goals and risk tolerance. ONIMCO also offers retirement plan advisory services to ERISA plan fiduciaries and participants.
Fee Structure
ONIMCO offers investment advisory programs where fees are based on a percentage of the assets managed. The fees are determined by the specific program sponsor you choose, and they typically have tiered fee schedules where larger accounts may receive reduced fees. The Investment Adviser Representative's portion of the fees is negotiable and may range from 0.30% to 1.50% annually. These fees do not include the fees charged by the investments themselves, such as mutual funds or ETFs. Additional fees may apply for tax management services or socially responsible screening.