Ministry Partners Securities (MPS) offers financial, wealth planning, and investment advice tailored to individual needs, considering income, net worth, age, investment objectives, and religious or ethical values. MPS uses a Christian approach to financial management and investment advice, considering biblical principles for wealth stewardship. MPS refers clients to third-party money managers and also offers financial planning services.
Fee Structure
MPS refers clients to third-party money managers for investment management. The annual fee for these programs ranges from 1.00% to 2.20% of the total value of assets in your account. MPS receives a portion of this fee from the third-party money manager. Fees are negotiable based on the account value, asset types, financial situation, and trading activity.
Specific fee arrangements vary depending on the third-party money manager:
- Camelot Portfolios: Maximum annual fee of 1.50%, with MPS receiving up to 0.67% of the total annual fee.
- AssetMark: Maximum total annual fee of 2.20%, including both advisory and platform fees. MPS may receive up to 1% of the annual fee, in addition to AssetMark's platform fee (0.00% - 1.20%).
- Harvest Investment: Total annual fee varies based on account assets, with MPS receiving a maximum of 1% of the total annual fee.