The Turnkey Advisory Program is a business to business service of IAA providing a comprehensive back office and technology outsourcing solution to registered investment advisors.
A monthly fee of 1.3 basis points of AUM, $150 per firm, and $75 per user is applicable to all arrangements. Additional services (i.e. Advisor Directed Models, IAA Managed Portfolios, extra email accounts for non-users) may incur additional fees, please request a full fee schedule. We have no minimum of assets under management, no minimum fees, and no account size minimums. There is a setup fee and a deposit may be required depending on the scope of services.
Please note that we do not charge based on your gross revenue or give a kick-back as a Solicitor's fee, instead we charge based on assets under management like you do. We are a business providing services to your business. Our clear and fair pricing allows you to properly price your services to your clients and remain competitively priced in the retail market.
To get more details please call us at 800-607-3340.