Spearhead Administrative Services provides investment advice and administrative services to private investment funds and separately managed accounts. They select and retain subadvisors to directly manage all funds and accounts, consistent with the fund's or account's objectives and strategy, subject to their oversight. The funds and accounts are solely offered to segregated asset accounts of insurance companies for private placement variable life insurance or annuity contracts.
Fee Structure
Spearhead Administrative Services manages investments for insurance dedicated funds and separately managed accounts. The total management fees typically range from 0.15% to 2.15% per year, charged quarterly. Spearhead Administrative Services appoints subadvisors to manage the accounts and pays them a portion of the advisory fee. Spearhead Administrative Services retains a small portion of the management fee.