Ameritas Investment Partners (AIP) manages investment portfolios for individuals and institutions, tailoring strategies to client objectives and risk tolerance. AIP offers discretionary and non-discretionary accounts, managing various asset classes. AIP also sub-advises investment portfolios. For individual clients, AIP offers wrap fee programs with all-inclusive fees. AIP does not provide financial planning services.
Fee Structure
Ameritas Investment Partners (AIP) offers several wrap fee programs for individual investors, each with different investment types and minimum account sizes. These programs include Private Clients, Gemini, Mercury, and Constellation. The fees cover investment management, brokerage, and custody. The fees are based on a percentage of the assets managed in the account.
Private Clients:
- First $200,000: 2.00% per year
- $200,001 to $1,000,000: 1.00% per year
- $1,000,001 to $2,000,000: 0.75% per year
- Over $2,000,000: 0.50% per year
Gemini:
- $500,001 to $5,000,000: 2.00% per year
- Over $5,000,000: Negotiable
Mercury:
- $100,000 to $5,000,000: 1.50% per year
- Over $5,000,000: Negotiable
Fees are reduced by 50% for accounts consisting entirely of fixed income securities in the Private Clients program. The maximum fee for accounts consisting entirely of fixed income securities is 1.5% in the Gemini and Mercury programs.
AIP also offers Co-Advisory Accounts with fees ranging from 0.45% to 0.65% depending on the investment style.