StanCorp Investment Advisers offers investment advisory and management services exclusively to employer-sponsored retirement plans and their participants through an affiliated recordkeeper. The firm curates approved investment lists, provides non-discretionary and discretionary investment advice under federal retirement plan rules, and designs asset allocation models such as target-risk, target-age, and target-date portfolios. Additionally, StanCorp Investment Advisers offers a managed account program called Mainspring Managed that continuously manages participant accounts using a proprietary advice engine. The firm does not directly manage accounts for individual retail investors; its services are only accessible through employer-sponsored retirement plans.
Fee Structure
StanCorp Investment Advisers does not charge investment advisory fees directly to individual retail clients. Instead, fees for retirement plan services are typically bundled with administrative and recordkeeping fees charged by an affiliated recordkeeper, Standard Retirement Services. For investment advisory services provided to retirement plans, fees will not exceed 0.06% of the value of the plan assets. Participants enrolled in the Mainspring Managed program may be subject to a monthly fee schedule depending on their account balance:
- $0 to $5,000 — $0 per month
- $5,000 to $10,000 — $5 per month
- $10,000 and above — $10 per month These monthly fees do not apply if the program is selected as the default investment alternative for the plan.