Manning & Napier Advisors, LLC
Assets Under Management
$18.4B
Number of Clients
3,469
Number of Advisors
47
Average Client AUM
$5.3M
AUM per Advisor
$391.6M
Compensation
Fee-Only (AUM)
About This Firm
Manning & Napier Advisors, LLC (MNA) offers wealth management services through discretionary accounts. They assign a Financial Consultant to each client to determine investment and advice solutions. Services include investment objective setting, asset allocation, account monitoring, and financial planning. MNA also offers transition management and financial planning services for assets outside of MNA's management. MNA has retained Envestnet Asset Management, Inc. to support the delivery of MNA’s Wealth Management Services to clients.
Fee Structure
MNA's fees cover wealth management services, including advice, asset management, account monitoring, and custody. Clients also pay brokerage commissions, transaction fees, and custody charges. Custody fees for ETC are embedded in the fee schedules. MNA may negotiate fee schedules. Clients will soon be offered fee schedules through Envestnet that differ from those reflected in this Brochure. Clients on Envestnet will receive an unbundled fee that includes a higher advice and planning fee and a lower investment fee. Total fees on Envestnet will remain largely the same as the bundled fee shown herein.
Areas of Practice
Location
290 Woodcliff Drive, Fairport, NY, 14450