OneAmerica Securities (OAS) provides financial planning and investment management services to individuals, small businesses, and institutions. OAS's services include financial planning and discretionary asset management. OAS has relationships with third-party asset management programs (TAMPs). OAS representatives help clients select a TAMP and monitor the account. OAS also offers the Advisor Managed Portfolios (AMP) platform where representatives manage client accounts on a discretionary basis.
Fee Structure
OneAmerica Securities (OAS) offers investment management through various programs, including:
- Portfolio Choice Program: Offered through arrangements with Envestnet, Sawtooth, and Lockwood. These programs include Discretionary Management Programs, Separately Managed Account Programs, and Unified Managed Account Programs. OAS representatives do not have discretionary investment authority in these programs.
- Advisor Managed Portfolios (AMP): OAS representatives serve as the account managers on a discretionary basis.
Fees are based on a percentage of the assets managed, generally between 0.25% and 2.00%. The fee is agreed upon by the representative and the client and depends on the account type, investments selected, and assets under management.