We then applied cost of living data from the Council for Community and Economic Research How many years of retirement a $1 million nest egg would cover in cities across America.įirst, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures We analyzed data on average expenditures for seniors, cost of living and investment returns to determine Our investment calculator can give you a better idea of how much your investments could generate over time. Whether you’re an active or passive investor, knowing how much return your investments may earn you can guide your investing decisions moving forward.If you’re ready to find an advisor who can help you achieve your financial goals, get started now. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you.Interested in becoming a client of Primerica Advisors? You can visit any of the firm’s locations to speak with an advisor, or you can reach the firm’s principal office at (800) 544-5445.Īll information is accurate as of the writing of this article. Opening an Account With Primerica Advisors The firm also generates commissions from clients who buy annuities. This can create a potential conflict of interest, but the firm’s fiduciary obligation requires it to act in your best interest. Advisors can therefore earn commissions from clients invested in certain mutual funds offered through the firm’s brokerage business. Primerica also offers brokerage services, meaning some of its employees are registered representatives of a broker-dealer. The firm doesn’t have any civil judicial or criminal disclosures. All of Primerica’s disclosures are related to regulatory actions. The disclosure reveals that FINRA also alleged that the firm’s investor profile questionnaire had deficiencies which affected certain clients who made short-term investments in mutual funds. One of its disclosures lists that the Financial Industry Regulatory Authority (FINRA) alleged that the firm failed to provide clients with account information 30 days after the accounts were opened. Primerica Advisors has multiple disclosures listed on its Form ADV. Primerica Advisors Administration Fee Scheduleīelow is a table that shows what you'd pay in total program fees for Primerica Advisors' Lifetime Investment Platform: *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount.Įstimated Investment Management Fees at Primerica Advisors* Primerica Advisors Total Program Fee Schedule For reference, the average annual advisory fee is 0.95% of AUM, according to a 2018 study by RIA in a Box. Clients pay the advisor and administration fees as part of the program fee schedule, as well as asset manager fees.Įach of the fee schedules at Primerica are listed below, starting with the total program fee rates. The program fee represents the percentage investors pay for the services offered through the firm’s Lifetime Investment Platform. Primerica Advisors divides its platform management fees into three components: program fees, advisor fees and administration fees. Each model is typically comprised of some combination of mutual funds and exchange-traded funds (ETFs). The firm’s advisors offer a range of investment solutions, and Primerica often uses third parties to distribute investment and financial products.Īdvisors provide clients actively managed investment models through a wrap fee investment program called the "Lifetime Investment Platform." Through this, the firm selects an appropriate portfolio model for each client based on their risk tolerance, time horizon, investing preferences, tax situation and personal objectives. Primerica Advisors says on its website that it strives to help middle-income families learn personal finance, reduce consumer debt and prepare for the unexpected. Primerica Advisors offers the following services: In other words, Primerica doesn’t utilize a standard, firm-wide minimum account size. Primerica Advisors offers investment services to high-net-worth individuals, non-high-net-worth individuals, corporations and charitable organizations.Īlthough the firm generally requires $25,000 as an initial investment, certain program models require other minimum investment amounts. Primerica Advisors Client Types and Minimum Account Sizes
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