Fifth Third Wealth Advisors LLC provides personalized investment management and financial planning services to individuals, families, trusts, and other clients. The firm builds diversified portfolios using equities, fixed income, mutual funds, exchange-traded funds, alternative investments, and model portfolios, often coordinating with affiliated teams within Fifth Third Bank. When establishing a relationship, Fifth Third Wealth Advisors works with clients to understand their financial goals, risk tolerance, time horizon, and liquidity needs, documenting these in an Investment Policy Statement. The firm generally manages portfolios on a discretionary basis, meaning it makes investment decisions on the client's behalf without needing prior approval for each trade, though clients can establish reasonable investment restrictions. Fifth Third Wealth Advisors also offers financial planning to help clients assess their overall financial situation, covering capital preservation, wealth transfer, tax efficiency, and retirement goals. Clients hold their assets at qualified custodians, and Fifth Third Wealth Advisors charges fees based on a percentage of the assets under management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5M+ | 0.60% |
Rates shown are for accounts holding equity, cash, and mixed assets. Fixed income and cash-only accounts are charged 0.50% up to $5M and 0.375% over $5M. All accounts are subject to a $7,500 minimum annual fee. Fees are negotiable.