Acropolis Investment Management, L.L.C

CRD#121307
Investment Advisor Firm

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Learn more about Acropolis Investment Management, L.L.C

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Acropolis Investment Management, L.L.C is located at 14567 North Outer Forty Road, Chesterfield, MO. The firm employs 39 financial advisors to manage client portfolios and provide financial guidance. Acropolis Investment Management, L.L.C is not a registered broker-dealer.

    Acropolis Investment Management, L.L.C oversees $1.9 billion in assets under management across 3,695 accounts, all of which are discretionary. Over the past year, the firm has provided financial planning services to 1,000 clients. The services offered include financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. The firm caters to retail investors, high net worth investors, charitable organizations, and corporations, with high net worth investors being the largest client type by accounts. The fee structure at Acropolis Investment Management, L.L.C includes asset-based and fixed fees. The firm has 576 high net worth clients.

    Acropolis Investment Management, L.L.C is registered in the states of Alabama, Arizona, California, Colorado, District of Columbia, Florida, Illinois, Iowa, Kansas, Louisiana, Maryland, Minnesota, Missouri, Nebraska, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Texas, Virginia, and Washington.

    Assets Under Management

    $1.9 billion

    Number of Advisors

    39

    Disclosures

    No

    Office Location

    14567 North Outer Forty Road
    Chesterfield, MO 63017

    Acropolis Investment Management, L.L.C by the Numbers

    Total Assets Under Management

    $1.9 billion

    National Average: $8.6 billion
    Total Number of Employees

    43

    National Average: 64
    Total Number of Accounts

    3,695

    National Average: 375,227
    Average Account Size

    $520.1 thousand

    National Average: $23.0 thousand
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    Products and Services

    Acropolis Investment Management, L.L.C offers a variety of services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients, and pension consulting services. In the past financial year, Acropolis Investment Management, L.L.C provided financial planning services to 1000 of its customers. The Firm is not engaged in selling products or offering services apart from investment advisory services to its investment advisory clients.

    Core Advisor Services

    • Offered by 31% of firms

      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

    • Find a firm that offers this service

      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

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    Fee Structure

    Financial advisory fees usually are based on which service is offered. Fees billed by Acropolis Investment Management, L.L.C most likely include any blend of the following fee types: asset-based or fixed.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    It works with retail investors, high net worth investors, charitable organizations, and corporations. Out of its 4 clients, Acropolis Investment Management, L.L.C's biggest client group by number of accounts is high net worth investors, although it also serves 576 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 under management or a net worth of more than $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 57.66%
    • Other Individuals - 40.24%
    • Corporations - 0.8%
    • Charitable Organizations - 1.3%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Acropolis Investment Management, L.L.C does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Acropolis Investment Management, L.L.C

    Brian Smith
    Chesterfield, MO
    Amanda Mertens
    Chesterfield, MO
    Christian Wagner
    Chesterfield, MO
    Andrea Lathrop
    Chesterfield, MO
    Kaley Pogrelis
    Chesterfield, MO
    Marie Tustin
    Chesterfield, MO
    Maria Wagner
    Chesterfield, MO
    Heather Burke
    Chesterfield, MO
    Amy Crews
    Chesterfield, MO

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