Fund Evaluation Group, operating as FEG Investment Advisors, is a registered investment advisor headquartered in Cincinnati, Ohio, with additional offices in Indianapolis and Dallas. Founded in 1988, the firm primarily serves institutional clients such as nonprofits, retirement plans, insurance companies, and financial intermediaries, though it also advises individual clients. Fund Evaluation Group offers discretionary and non-discretionary investment advisory services, categorized mainly into investment consulting, outsourced chief investment officer programs, managed portfolios, and research services. The investment consulting service provides oversight of investment portfolios, including drafting and reviewing Investment Policy Statements, conducting asset allocation studies, providing quarterly performance reports, and performing manager searches. The outsourced chief investment officer program is a discretionary service that integrates similar components to actively manage client portfolios within agreed asset allocation guidelines. Additionally, the firm offers model portfolios to financial intermediaries and provides research services to financial institutions on an a la carte basis. Fund Evaluation Group is employee-owned through an employee stock ownership plan.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.15% |
Fees range from 0.01% to 1.15% depending on the service line and asset value, and are subject to minimum fees and negotiation. For managed portfolios with an independent intermediary, the fee is 0.30%. For managed portfolios with the firm as advisor, fees range from 0.55% to 1.15%.