Vident Asset Management provides investment advisory services to institutional separately managed accounts (SMAs) and sub-advisory services to SMAs through agreements with third-party managers. Vident also advises exchange-traded funds (ETFs) and collective investment trusts (CITs). Vident's services include equity and fixed income strategies, tailored to the needs of each SMA account owner. Vident does not offer wrap fee programs.
Fee Structure
Vident Asset Management charges fees based on a percentage of assets for its investment advisory and sub-advisory services. These fees are negotiable on a case-by-case basis. Minimum quarterly fees apply to separately managed accounts (SMAs). Fees are payable quarterly in advance, based on the value of assets at the end of the preceding quarter. If an SMA terminates mid-quarter, Vident will refund any unearned fees.