Financial Engines Advisors Review


Trust Score 93%
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Financial Engines Advisors, federally registered in 1998, is a Registered Investment Advisor (RIA) in 52 state(s) with a licensed staff of 601 advisors. Financial Engines Advisors manages $206 billion and provides investment advisory services for 1,009,489 clients (1:1680 advisor/client ratio).

Financial Engines Advisors requires a $50,000 minimum investment and charges a blended rate between 1.50% and 0.90% for ongoing portfolio management services, depending on the size of the portfolio.

Benefits


  • Firm uses a transparent fee-only model
  • Firm uses a trusted custodian
  • Firm has $1B or more in assets under management

Considerations


  • There is only one licensed advisor for every 1680 clients (industry average 1:50)
  • Firm has a disciplinary history
  • Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest

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Managed Investing


Feature Value
Estimated Fees (Annual) $0 on $100,000 portfolio
Annual Management Fee Notes None
Minimum Investment $50,000
Minimum Annual Fee $0
Average Account AUM $203,667
Hybrid Advisor Yes
Disciplinary History Yes
Total AUM $206 billion
Advisor / Client Ratio 1:1680
Headquarters Sunnyvale, CA
SEC Filings Forms and Brochures


Annual Fee Ranges Percent
$0 to $250,000 1.50%
$250,001 to $500,000 1.30%
$500,001 to $750,000 1.10%
$750,001 to $1,000,000 1.00%
$1,000,001+ 0.90%


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