Ascensus Investment Advisors (AIA) provides investment management and consulting services for state government-administered Qualified Tuition Plans (529 plans), Qualified ABLE programs, and State Facilitated Retirement Plans. AIA's services are limited to providing non-discretionary investment-related services to municipal entity State Administrators. AIA's clients do not include Plan participants. AIA offers investment consulting, oversight, and monitoring, as well as comprehensive investment management services.
Fee Structure
AIA provides investment advisory services to State Administrators for government savings plans. The fee paid to AIA and its affiliates is based on a percentage of the value of the underlying Plan assets under administration by the Firm. This fee includes AIA’s advisory services as well as other services provided by the Firm and/or its affiliates, including recordkeeping and program administration services. Fees are generally calculated on a daily basis and are due monthly in arrears via direct invoice or automatic deduction from an account held on behalf of the State Administrator.