Colliers Securities (CS) provides investment advisory services through two main types of programs: wrap programs managed by outside investment advisors and non-wrap programs managed by CS financial advisors. CS offers wrap programs through Envestnet and Dana Investment Advisors. CS does not have the authority to withdraw funds or securities from your account other than for payment of quarterly advisory fees. CS also provides brokerage, custody, and execution services through National Financial Services LLC.
Fee Structure
Colliers Securities offers investment advisory services through different programs.
Colliers Director Program (Non-Wrap): Clients pay an annual advisory fee, negotiable up to 2.5% of assets, billed quarterly. This fee covers investment advice and reporting but doesn't include ticket charges for trades or custodial fees.
Dana Direct Program (Wrap): Clients pay an annual advisory fee, negotiable up to 2.5% of assets, billed quarterly. This fee includes investment advice and reporting but doesn't include ticket charges for trades or custodial fees. Dana Investment Advisors also assesses their own fee.
Envestnet Programs (Wrap): Clients pay an annual advisory fee to Colliers Securities, plus a separate Envestnet program fee. These fees are charged quarterly. The Envestnet program fee covers transaction costs and account administration. The advisory fee may be negotiable.