AmeriServ Wealth Advisors (AWA) offers asset management based on individual client needs. AWA creates and manages portfolios based on client-specific investment policies, considering objectives, time horizons, risk tolerance, and liquidity needs. AWA manages accounts on a discretionary or non-discretionary basis. AWA also provides investment management services for AmeriServ Financial Bank's discretionary investment assets and to the Pathroad Account Family of Funds.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.60% |
| $5M+ | 0.40% |
Employees/Board Members of AmeriServ Financial receive a 10% discount. Non-profit and charitable organizations may also receive a 10% discount. AWA also has a separate fee schedule for fixed income only accounts: First $3 million: 0.60%, Next $2 million: 0.45%, Next $5 million: 0.35%, Over $10 million: 0.25%