Oneascent Investment Solutions, LLC
Assets Under Management
$639.8M
Number of Clients
23
Number of Advisors
1
Average Client AUM
$27.8M
AUM per Advisor
$639.8M
Compensation
Fee-Only (AUM)
About This Firm
OneAscent Investment Solutions (OAIS) offers managed accounts, proprietary strategies, and assistance to other investment advisors. OAIS operates four lines of business: models for other advisors, management of Collective Investment Trusts (CITs), management of registered investment companies, and third-party management for other RIAs. Core accounts (between $5,000 and $500,000) use mutual funds and ETFs. Elite accounts (over $500,000) use a combination of mutual funds, ETFs and individual securities.
Fee Structure
OAIS provides investment models with fees ranging from 0% to 1.00% per year. Overlay Managers and third-party investment advisors charge separate and additional fees for account management and administration. For Collective Investment Trusts, OAIS receives 0.40% per year. Fees for registered investment companies range from 0.35% to 1.00% per year. For third-party accounts managed by OAIS, the firm charges 0.35% per year on Core accounts and 0.50% per year on Elite accounts.
Areas of Practice
Location
23 Iverness Parkway, Suite 100, Birmingham, AL, 35242