We protect our clients from risks associated with working with a smaller firm by utilizing large custodians to hold our clients’ assets. Generally, we serve you by managing your ARP, 403b, and/or Deferred Compensation retirement accounts through Fidelity and/or TIAA CREF. In doing so we are able to save our clients ~20-50% versus the other advisor driven annuity options.
Currently, OSU does not have 3rd Party Fee Billing so our alternative fee schedule applies to any/all ARP/403b/457b accounts, which our clients pay us via Paypal. Also, if you hold other IRA or after-tax accounts with us our general fee schedule would apply.
Average retirement annuity:
Mortality & Expense & Other (M&E&O) Charge: ~1.15%/yr.
Average investment option net Management Fee: ~1.1%/yr.
Total Average cost to the employee: ~2.25%/yr
Retirement Plan with rF (TIAA CREF or Fidelity):
Mortality & Expense & Other (M&E&O) Charge for TIAA CREF: 0.1%/yr.
— Fidelity does not generally provide annuities so there is no M&E&O charge.
Average investment option net Management Fee: ~0.42%/yr.
— From current recommended allocation as of Jan 1, 2017.
Average RIA fee: ~0.8%/yr.
Total cost to the employee: ~1.27%/yr.*
*About 43% savings!
*Plus, there are no surrender charges because there are no commissions.
*Plus, you can fire us without changing plans or transferring funds. Again, there are no strings attached.