Esi Financial Advisors
Assets Under Management
$2.5B
Number of Clients
12,116
Number of Advisors
493
Average Client AUM
$202K
AUM per Advisor
$5.0M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
ESI Financial Advisors provides financial planning/consulting and asset management services to individuals, corporations, trusts, estates, charitable organizations, and retirement plans. They offer asset management programs through the ESI Illuminations platform, utilizing various investment vehicles and strategies to meet client needs and goals.
Fee Structure
ESI Financial Advisors uses asset-based pricing (ABP) for its Illuminations platform. The total Investor Fee includes a Program Fee (0.08% to 0.26%), an Advisory Fee (negotiable, ranging from 0% to 2.00%), and potentially a third-party manager's fee. The Program Fee is retained by EFA. The Advisory Fee is negotiable based on factors like complexity and responsibility. Fees are billed quarterly based on the average daily balance. Clients may incur additional charges such as dealer markups, foreign security costs, and fund expenses.
Areas of Practice
Location
One National Life Drive, Montpelier, VT, 05604