Delegate Portfolio Management
More Time to Focus on Client Needs
Our Preferred Portfolio Services® (PPS) advisory programs include an array of options so you can choose the best way to serve your clients and manage your business.
With PPS Select, you can spend more time understanding your clients' needs and goals—and then delegating the investment-related tasks to us, including:
Evaluating and performing due diligence on each investment selection
Monitoring individual holdings and portfolios to ensure that they align with established target weights
Regularly rebalancing portfolio models to keep them aligned with the stated investment objective, benchmark, and tolerance levels
Identifying and adjusting certain positions that become too risky or conservative
Investment Philosophy
Depending on the model, the program may invest in mutual funds, ETFs, individual equities, and individual municipal fixed income instruments. The portfolios offered include active, passive, income, alternative, tax-aware, core/satellite, tactical, Dimensional Fund Advisors (DFA), and socially responsible investing (SRI) strategies with environmental, social, and governance (ESG) factors, as well as equity and fixed income SMAs.
Minimum Account Size
Accounts may be established with assets as low as $1,000, depending on the model strategy.
Client Management Fee
The client cost is a maximum advisor fee of up to 2 percent, plus the program fee. Actual fees are based on the specific program and strategy.
Below is a sample of average program fees.
| Sample Account Size | Mutual Fund and ETF Portfolios | SMA Fixed Income Portfolios | SMA Equity Portfolios |
| $250,000 | 0.25% | N/A | 0.60% |
| $500,000 | 0.225% | 0.40% | 0.55% |
| $1,000,000 | 0.188% | 0.375% | 0.50% |
Get transparent program pricing, so you can choose the option that's right for your business.