Alera Investment Advisors (AIA) offers investment advice and financial planning to individuals, high net worth individuals, families, trusts, estates, businesses, institutions, and retirement plans. AIA creates custom investment strategies based on client goals, risk tolerance, and financial situations. AIA may use internal investment management, an affiliated investment platform (The Ascent Group), or unaffiliated money managers. AIA also offers financial planning services covering investment, retirement, estate, education, and insurance needs. Clients are not required to implement AIA's recommendations.
Fee Structure
Alera Investment Advisors (AIA) offers investment management services where fees are based on a percentage of your portfolio's value. The annual fee typically ranges from 0.25% to 1.50%, depending on the amount you invest, the investment strategies used, and the complexity of the services. Fees are calculated based on the market value of your portfolio at the end of the prior quarter and are paid quarterly in advance. Fees may be negotiable.
Alera Investment Advisors may also recommend using The Ascent Group's investment platform, where fees can be up to 1.75% annually, depending on the size and composition of your portfolio and the services provided. This fee is comprised of an Advisor Fee payable to AIA and a Platform Fee payable to TAG. These fees are based on the average daily account balance and are charged quarterly in arrears.