State Farm Investment Management Corp. (SFIMC) offers a wrap fee program where they manage your investments based on your goals and risk tolerance, using model portfolios of exchange traded funds (ETFs) and mutual funds. SFIMC makes investment decisions for you, buying and selling securities. You'll pay a quarterly fee based on the value of your account, which covers investment advice and trading costs. SFIMC may also recommend allocating assets across multiple portfolios if your account balance is high enough.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.25% |
| $100K - $500K | 1.00% |
| $500K - $1000K | 0.75% |
| $1M+ | 0.50% |
Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $45 (except as set forth below under “Fee Reductions”). For Accounts that qualify for a reduced Advisory Fee to the lowest Advisory Fee shown on the chart, such Accounts advised for a full quarter that have an average daily market value below $15,000 are charged a minimum quarterly Advisory Fee of $18.75.
