VIP Advisors offers investment and financial planning services, managing portfolios based on client objectives. They use a tactical allocation strategy to reduce risk and increase performance, potentially using various securities and mutual funds. VIP also recommends unaffiliated money managers as sub-advisors, with no additional cost to the client. Betterment for Advisors is utilized for onboarding and client interface, with Betterment LLC as a sub-advisor and Betterment Securities as broker-dealer and custodian. VIP also uses Charles Schwab Advisors for select clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 2.50% |
| $50K - $500K | 1.50% |
| $500K - $2.0M | 1.00% |
| $2M+ | 0.80% |
Investment advisory fees may be reduced or waived for directors, officers, and employees of VIP at the discretion of management. VIP may negotiate its fees at its sole discretion with any client.