FD Ball Investment Advisors provides financial planning and investment advice. While financial planning is offered, it's the investment management that drives the business. FD Ball uses third-party money managers like Virtue Capital Management and VestGen Investment Management to manage client assets. Fred Ball, the owner, is also a licensed insurance agent, which could create a conflict of interest, but this is mitigated by disclosures and the firm's duty to act in the client's best interest.
Fee Structure
FD Ball Investment Advisors uses third-party money managers to manage your investments. Here's how the fees work, depending on which manager is used:
Virtue Capital Management (VCM):
- Wrap Fee Program (Schedule I):
- First $500,000: 1.95% per year
- Next $500,000: 1.75% per year
- Over $1,000,000: 1.50% per year
- Non-Wrap Fee Program (Schedule II):
- First $500,000: 1.90% per year
- Next $500,000: 1.70% per year
- Next $1,000,000: 1.45% per year
- Non-Wrap Fee Program (Schedule IV): For accounts less than $500,000, the total annual fee is 1.00%.
VestGen Investment Management:
- First $499,999: 2.20% per year
- Next $500,000: 1.85% per year
- Above $999,999: 1.25% per year
Keep in mind that VestGen may also charge model fees ranging from 0.00% to 0.40% in addition to the management fees. These fees may be negotiable.