NEPC is a full-service investment consulting firm that provides institutional investors, retirement plans, endowments, foundations, and high-net-worth families with comprehensive investment advice and portfolio management. The firm specializes in developing investment policies, conducting asset allocation studies, searching for and evaluating third-party investment managers, and providing quarterly performance reports. While NEPC generally operates as a non-discretionary consultant helping clients select and monitor external money managers, the firm also offers discretionary outsourced chief investment officer services where it makes investment decisions on behalf of clients. NEPC evaluates potential investment managers using a rigorous research process examining people, philosophy, process, performance, and price. In addition to traditional advisory and consulting services, NEPC provides specialized support for federal retirement plan rules-covered plans, including pooled employer plans designed to simplify retirement plan administration. NEPC does not act as an attorney, accountant, tax advisor, or insurance agent, and does not custody client funds.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 0.50% |
Advisory services typically cost 0.05% to 0.20% of assets, while discretionary services typically cost 0.10% to 0.50% of assets. Fees are negotiable and vary based on portfolio size and complexity.