Money Concepts Advisory Service provides investment management, financial planning, and consulting services to individuals, families, retirement plans, and businesses. The firm offers a wide variety of portfolio management programs—some managed directly by Money Concepts Advisory Service and others by third-party managers—using strategies such as fundamental and technical analysis, modern portfolio theory, and asset allocation. Clients can choose between discretionary and non-discretionary account management. In addition to investment portfolios, Money Concepts Advisory Service creates comprehensive financial plans covering cash flow, retirement goals, college funding, risk management, estate planning, and tax reviews. The firm also offers consulting on specific topics like retirement and insurance. Many representatives of Money Concepts Advisory Service are also registered representatives of an affiliated broker-dealer or licensed insurance agents, creating potential conflicts of interest regarding commission-based products.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.30% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.90% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.60% |
Fees vary by program. Standard Guided Portfolio Solutions program typically charges 2.5% annually. Pension and MAP programs use tiered schedules ranging from 1.30% down to 0.60% annually.