Horace Mann Investors offers investment management services primarily to teachers, administrators, and other members of the educational community, as well as their families. Horace Mann Investors partners with third-party investment advisory firms, such as BNY Mellon and Envestnet, to provide diversified model portfolios using mutual funds and exchange-traded funds. Through personal discussions, representatives help clients choose an appropriate portfolio strategy aligned with their risk tolerance and goals. While Horace Mann Investors provides ongoing account monitoring and support, discretionary trading authority is delegated to the third-party managers. In addition to investment management, representatives may offer insurance and brokerage products through affiliated entities. The firm focuses on helping educators plan for retirement and build long-term financial well-being.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.60% |
| $250K - $500K | 1.60% |
| $500K - $1.0M | 1.40% |
| $1.0M - $5.0M | 1.20% |
| $5M+ | 1.10% |
Fees vary by specific model program selected. Rates shown represent the maximum fees across programs such as BNY AdvisorFlex and BNY Managed360.