We will first help you design a written investment plan. After that we will assist you to find a strategy that we believe best suits your individual situation. By sharing and comparing information, we will provide you with a recommendation designed to meet your needs. We will then explain to you in detail the cost of the programs and how they will be implemented and monitored on a regular basis.
The two strategies that we will typically recommend will be Asset Advisor and Managed DSIP (Diversified Stock Income Plan). The description of each strategy is listed below.
Asset Advisor is a comprehensive, non-discretionary investment advisory program that includes advisory services and custodial/transaction costs in a single asset-based fee. With Asset Advisor, the client ultimately makes the investment decisions regarding what to buy, sell and hold within the account.
- A full-service investment advisory program generally without commission charges
- The flexibility to hold a wide range of eligible investments in a single account
- Quarterly performance reports to track your clients progress
- Access to nearly 3,700 no-load and load-waived mutual funds, including institutional shares (fund operating expenses will apply)
- Automatic rebalancing of mutual funds
- Account minimum: $25,000
Fees for the Asset Advisor program include advisory services, performance measurement, transaction costs, custody services and trading. Fees are based on the assets in the account and are assessed quarterly. There is a minimum fee of $125 per calendar quarter to maintain this type of account. Advisory accounts are not designed for excessively traded or inactive accounts, and may not be suitable for all investors. During periods of lower trading activity, your costs might be lower if our compensation was based on commissions. Please carefully review the Wells Fargo Advisors advisory disclosure document for a full description of our services, including fees and expenses. Additional fees may apply in certain circumstances. Please contact us for more specific details about additional expenses that may be incurred in this type of program and for a list of eligible and excluded assets.Masters Description
The Masters investment program is a discretionary investment advisory program where Wells Fargo Investment Institute will provide ongoing due diligence on a select group of money managers. The Peart-Foster Group of Wells Fargo Advisors will assist with the selection of appropriate money managers within a flexible fee structure. The account minimum is $100,000.
The fees for the Masters program are asset based and assessed quarterly in advance. Fees include advisory services, performance measurement, transaction costs, custody services and trading. Advisory accounts are not designed for excessively traded or inactive accounts and may not be suitable for all investors. Please carefully review the Wells Fargo Advisors advisory disclosure for a full description of our services, including fees and expenses.
Wells Fargo Investment Institute, Inc., is a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A., a bank affiliate of Wells Fargo & Company