American Investment Services, Inc. provides wealth management and investment advisory services to individuals, high net worth individuals, charitable organizations, corporations, and institutional investors. Founded in 1978 and based in Great Barrington, Massachusetts, American Investment Services operates as a fee-only registered investment advisor and is a wholly owned subsidiary of the American Institute for Economic Research. The firm utilizes a structured, passive asset allocation approach rooted in Modern Portfolio Theory, focusing on portfolio diversification, discipline, and cost-effectiveness primarily through low-cost mutual funds and exchange-traded funds. American Investment Services offers several programs, including Professional Asset Management for discretionary portfolio supervision, the High-Yield Dow strategy for large-cap value investing, and Sub-Advised Unified Managed Accounts utilizing Dimensional Fund Advisors. In addition to investment management, the firm incorporates financial planning and consulting into its wealth management services, covering retirement planning, tax strategies, insurance, and estate planning considerations, alongside publishing a quarterly investment newsletter.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.60% |
| $5.0M - $10.0M | 0.40% |
| $10.0M - $20.0M | 0.25% |
| $20.0M - $150.0M | 0.28% |
| $150M+ | 0.15% |
Fees are negotiable based on client circumstances. Sub-Advised Unified Managed Accounts charge an additional 0.23% annual fee paid to Dimensional Fund Advisors.