Steward Partners Investment Advisory is a registered investment advisor that offers a range of managed account programs tailored to individual financial circumstances and objectives. These programs involve identifying financial goals, time horizons, and risk tolerance. Steward Partners provides recommendations regarding investments, asset allocation models, and third-party managed portfolios. They also offer financial planning and consulting services, including retirement plan advice. Clients can invest through transaction-based accounts, fee-based advisory programs, or both.
Fee Structure
Steward Partners offers investment management through various programs. Fees are negotiable and are calculated as a percentage of the assets managed. The maximum program fee is 2.50% annually. There are minimum new account values, but no minimum quarterly program fees are listed for the Steward Partners Discretionary Portfolios and Steward Partners Guided Portfolios. The amount of compensation Steward Partners receives varies between advisory programs and services, creating a potential conflict of interest.