Victory Capital Management is a diversified global asset management firm registered with the U.S. Securities and Exchange Commission. The firm operates a centralized operating and distribution platform that supports several autonomous investment franchises, including Integrity Asset Management, New Energy Capital, Pioneer Investments, RS Investments, Sycamore Capital, Trivalent Investments, and Victory Income Investors, alongside a rules-based Solutions Platform. Victory Capital Management offers discretionary and non-discretionary investment advisory services across a wide variety of asset classes, such as domestic and international equities, fixed income, convertibles, alternative assets, and mixed asset classes. The firm serves institutional clients, high net worth individuals, pooled investment vehicles (including mutual funds, exchange-traded funds, collective investment trusts, and private funds), and model portfolio programs. Advisory services are tailored through separate accounts based on specific client mandates, while pooled vehicles and model portfolio programs follow standardized strategies outlined in respective governing documents.
Fee Structure
Victory Capital Management charges asset-based management fees that vary depending on the specific investment strategy, account type, and account size. Fees are typically structured as tiered schedules based on portfolio size, with lower percentage rates applied to larger amounts of assets. For institutional separate accounts across various franchises and asset classes, fees generally start between 0.15% and 1.00% annually for smaller tier balances and decrease for higher asset levels. Specific fee schedules apply to each investment franchise and strategy, such as domestic equity, international equity, fixed income, and quantitative strategies. Some accounts or pooled vehicles may be subject to performance-based fees or fulcrum fees in addition to or instead of standard asset-based fees. Clients should consult their specific investment management agreement, fund prospectus, or wrap program brochure for exact fee rates and billing terms applicable to their account.