How Does Manning & Napier Advisors, LLC Help Clients – Key Takeaways:
Manning & Napier Advisors, LLC is a reputable wealth management firm that assists clients in achieving their financial goals. With a team of experienced financial experts and a wide range of services, they are equipped to provide personalized solutions to meet the unique needs of each client.
Facts and Insights:
Founded in 1970, Manning & Napier Advisors, LLC has been in the business of managing wealth for over 50 years. They have grown to become one of the leading independent investment advisors with over $22 billion in assets under management (AUM) as of June 2021. Their experienced team of 145 advisors serves a diverse client base of individuals, families, institutions, and retirement plans.
Assets Under Management, Number of Advisors and Time in Business:
| Year Founded | AUM | Number of Advisors |
|---|---|---|
| 1970 | $22 billion | 145 |
Financial Services Offered:
Manning & Napier Advisors, LLC offers a comprehensive range of financial services, including investment management, financial planning, retirement planning, tax planning, and estate planning. They also provide specialized services such as socially responsible investing and alternative investments.
Client Types:
Manning & Napier Advisors, LLC caters to a diverse range of clients, including individuals, families, institutions, and retirement plans. Their team of advisors has the expertise to serve high net worth individuals, as well as clients with more modest portfolios.
Fees & Compensation:
As a fee-only advisor, Manning & Napier Advisors, LLC charges a management fee based on a percentage of AUM. The rate varies depending on the size of the portfolio and the services provided. They do not receive any commissions or compensation from third-party products, ensuring that their recommendations are always in the best interest of the client.
Background:
Manning & Napier Advisors, LLC was founded by Bill Manning and Bill Napier in 1970, with the goal of providing personalized investment solutions to clients. Today, the firm is still guided by their original principles and has a record of consistently delivering strong results for their clients.
Financial Advisor Disclosures to Know:
As a registered investment advisor, Manning & Napier Advisors, LLC is regulated by the Securities and Exchange Commission (SEC). The firm is required to adhere to strict standards for client communication, disclosure, and record-keeping. They also have a legal obligation to always act in the best interest of their clients.