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American Century Expands Personal Advisory Offerings

08/29/2023

Kansas City, Missouri
American Century Expands Personal Advisory Offerings

American Century Investments® recently expanded its personal advisory offerings to include digital advice and one-to-one sessions with a certified financial planner. The expanded advisory services are in addition to American Century’s exclusive Private Client Group, where members receive financial planning, ongoing advice and underlying investments for one-flat fee.

The expanded offerings allows investors to choose the type of format that works best for them, including a digital investment recommendation, a single session or multiple sessions with a certified financial planner and unlimited access to a financial advisor with the Private Client Group.

“The current market environment makes it hard for clients to make sense of their finances,” said Doug Comer, vice president, head of client development. “The expanded advice options are designed to help clients take control of their financial situation and determine their priorities in a way that works best for them, while better positioning them to reach their financial goals.”

Investors can complete a short form online to receive a digital investment recommendation based on their risk needs at no charge.* They also have the option to book a single session with a certified financial planner to get answers to specific financial questions for $150 or get a financial plan with multiple sessions for $350. Investors do not need to request a digital investment recommendation to qualify for sessions with a certified financial planner. For investors looking for a flat fee, the account minimum to join the Private Client Group is $50,000 and a 0.90%** fee covers both advice and the underlying investments.

About American Century Investments

  • Who We Are

    American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research.

  • Quick Facts

    Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in Kansas City, Missouri; New York; Los Angeles; Santa Clara, California; Portland, Oregon; London; Frankfurt, Germany; Hong Kong; and Sydney.

  • Management

    Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer.

  • Giving Back

    Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of more than $2 billion since 2000.

Day time view of American Century Headquarters in Kansas City, Missouri

American Century's advisory services are provided by American Century Investments Private Client Group, Inc., a registered investment advisor. These advisory services provide discretionary investment management for a fee. The amount of the fee and how it is charged depend on the advisory service you select.

*Digital Advice is provided by American Century Investments Private Client Group, Inc., a registered investment advisor, for clients with a minimum $10,000 investment. Digital Advice provides discretionary investment management. American Century does not charge an advisory fee for this discretionary advice. The Journey Portfolios offered through Digital Advice all contain American Century exchange traded funds (ETFs) and mutual funds, which charge investors investment management fees, underlying fund fees, and other administrative and servicing fees. Depending on the different weightings or allocation of such ETFs and mutual funds, your fees for investing in a Journey Portfolio will vary, but generally range from 0.25% to 0.40% per year. Client-oriented trades outside of our recommendations, personal consultations by phone or in-person with our financial consultants, and other activities like wire transfer fees are offered for an additional fee.

** Private Client Group advisory services are provided by American Century Investments Private Client Group, Inc., a registered investment advisor. This service is generally for clients with a minimum $50,000 investment. The advisory service charges a single annual fee based on the value of your assets under management with us. Annual Investment Advisory Fee is 0.90% for balances $5 million and under and 0.70% for balances over $5 million. The single fee includes our Private Client Solutions, along with any underlying trading costs, commissions, and custody services related to our recommendations. Client-oriented trades outside of our recommendations and other activities like wire transfer fees, may result in additional cost.

American Century Investments' financial consultants do not receive a portion, or a range of the advisory fee paid by clients. Call us to learn more about the different advisory services and determine the level of service that is appropriate for you.

All investing involves the risk of losing money.

©2024 American Century Proprietary Holdings Inc. All rights reserved.