Richard Bernstein Advisors (RBA) is an investment advisor that uses a top-down, macroeconomic approach combined with quantitative analysis to manage investments. RBA offers services through partnerships with financial institutions, providing sub-advisory services through separately managed accounts and wrap fee programs. RBA also provides asset-allocation models and equity income-oriented portfolios for registered investment companies and serves as a sub-advisor to exchange-traded funds. RBA also offers advisory services directly to institutions and individuals through separately managed accounts.
Fee Structure
RBA manages separately managed accounts and charges an annual management fee up to 1.25% depending on the investment strategy. Fees are negotiable. Some accounts may also have performance-based compensation, generally up to 20% of net profits over a high water mark and/or hurdle. For sub-advisory relationships, RBA receives a portion of the fee paid to the primary advisor.