Anovest Investment Advisors creates custom investment portfolios and offers financial planning services to individuals, pension plans, trusts, estates, charities, and businesses. They develop investment strategies based on your risk tolerance, time horizon, and investment goals. Anovest can manage accounts with or without discretion. Financial planning services cover retirement, investments, estate, insurance, college, and tax planning.
Fee Structure
Anovest Investment Advisors' fees for managing your investments are based on a percentage of the value of your portfolio. The exact percentage depends on the specific portfolio model you choose and the amount you invest. Fees are calculated quarterly based on the value of your account at the end of the previous quarter. Fees may be negotiable for larger accounts.
Here's a breakdown of the fees for different portfolio types:
- Anovest Income: 1.00% to 1.25% depending on account size, or 0.60% if invested only in mutual funds.
- Anovest Wealth: 1.00% to 1.25% depending on account size, or 0.70% if invested only in mutual funds.
- Anovest Wisdom: 1.25% to 2.25% depending on account size, or 0.75% to 1.50% if invested only in mutual funds.
- Anovest Discipline: 1.50% to 2.50% depending on account size, or 1.00% to 1.75% if invested only in mutual funds.
- Anovest Investor: 1.50% to 2.50% depending on account size, or 1.00% to 1.75% if invested only in mutual funds.
- Anovest Select: 1.75% to 2.50% depending on account size.