Bankers Life Advisory Services offers investment management and consulting services primarily to individuals, families, and employer-sponsored retirement plans. The firm works with clients to understand their financial goals, risk tolerance, and time horizons to build customized portfolios. Portfolio management services are provided on a discretionary basis, meaning the firm makes trades on the client's behalf. In addition to managing investments directly, the firm can assist clients in selecting outside managers. Bankers Life Advisory Services also provides non-discretionary investment consulting and retirement plan consulting for employer plans. Trades are executed through an affiliated broker-dealer and clearing firm, Pershing LLC.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.50% |
Fees range from 0.50% to 2.50% annually and are negotiable based on portfolio size and other business considerations.