MissionSquare Retirement offers advisory services known as Guided Pathways Advisory Services to participants in employer-sponsored retirement plans and individual retirement accounts that the firm administers. Founded in 1972, MissionSquare Retirement has been a registered investment advisor since 1983. The firm provides two primary services: Managed Accounts, which is ongoing, discretionary portfolio management, and Fund Advice, which provides point-in-time, non-discretionary portfolio recommendations. To generate this advice, MissionSquare Retirement partners with Morningstar Investment Management LLC, which acts as an independent financial expert to build asset allocation models and select specific funds based on clients' personal and financial data. The firm delivers these services through online portals, mail, phone, and in-person meetings. MissionSquare Retirement manages billions of dollars in assets through its managed account service and charges fees based on a percentage of assets under management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 0.50% |
| $100K - $300K | 0.40% |
| $300K - $500K | 0.30% |
| $500K+ | 0.20% |
Fees may be waived or discounted by agreement between the firm and your plan sponsor. Legacy clients may pay lower fees.