Nationwide Investment Advisors, LLC
Assets Under Management
$15.7B
Number of Clients
270,365
Number of Advisors
381
Average Client AUM
$58K
AUM per Advisor
$41.2M
Compensation
Fee-Only (AUM)
About This Firm
Nationwide Investment Advisors (NIA) offers discretionary and non-discretionary investment advisory services to retirement plan sponsors and participants. Services include ProAccount, My Investment Planner (MIP), Smart Alliance, and the Advice Program. NIA utilizes Independent Financial Experts (IFEs) to provide unbiased investment advice. NIA is wholly owned by Nationwide Life Insurance Company.
Fee Structure
ProAccount clients may be charged up to 1.00% annually for Nationwide Retirement Program and up to 0.65% for Governmental and Institutional Plans, based on their assets. These fees are calculated daily and payable quarterly, in addition to other plan fees. The ProAccount fee is negotiable at the plan level. MIP does not charge a separate fee. Smart Alliance clients are charged up to 0.02% of plan assets annually. Advice Program clients are charged up to 0.50% annually. There is no minimum asset value or account size for participation in any advisory program offered by NIA.
Areas of Practice
Location
One Nationwide Plaza, 03-07-202, Columbus, OH, 43215