ARGI Investment Services is a registered investment advisor (RIA) with billions in client assets under management (AUM). Based in Louisville, Kentucky, the firm serves individuals, business owners, certain institutions and more. Its financial advisors are spread across five other cities, including Grand Rapids, Michigan, and Cincinnati.
The firm holds the top spot in SmartAsset's lists of the top financial advisors in Louisville and the top financial advisors in Kentucky.
ARGI Investment Services Background
ARGI Investment Services originally started as a franchise of American Express Financial Advisors in 1995. In 2003, it separated from American Express (which changed its own name to Ameriprise), and officially changed its name to ARGI in 2005. In January 2023, the firm was acquired by Cerity Partners, LLC. The firm has a number of accredited professionals on staff, including advisors with the certified financial planner (CFP), accredited investment fiduciary (AIF), certified public accountant (CPA) and chartered financial analyst (CFA) designations, among others.
ARGI Investment Services Client Types and Minimum Account Sizes
ARGI Investment Services serves non-high-net-worth and high-net-worth individuals, trusts, estates, corporations, pension and profit-sharing plans, pooled investment vehicles and charitable organizations. However, individuals make up the vast majority of its client base.
The firm generally requires a minimum investment of $100,000 for portfolio management services. However, it may waive this requirement under certain circumstances.
Services Offered by ARGI Investment Services
ARGI Investment Services designs long-term financial plans that address a variety of topics including:
- Investment management
- Tax management
- Insurance solutions
- Retirement savings
- Estate planning
The firm also offers various investment management programs through its independent advisor representatives (IARs). However, you can work with the firm’s investment committee if you’re in the ARGI Asset Management Program.
ARGI Investment Services Investing Philosophy
The firm's investment committee is responsible for designing, maintaining and monitoring its model portfolios. These model portfolios follow different strategies, including the firm's Tactical, Strategic, Core ETF and "SmartCap" strategy (bases security weightings on company-specific metrics other than size). These four core strategies are available at six different levels of risk tolerance, from conservative to aggressive.
The firm also offers the following: individual bond strategies, individual stock strategies, a dividend-focused portfolio, the Defensive Equity Portfolio, the SmallCap Factor 15 Model, the S&P Select Portfolio, the Concentrated Stock Option Portfolio, the Artificial Intelligence Portfolio and the BlackSwan Options Portfolio.
Fees Under ARGI Investment Services
ARGI Investment Services charges annual asset-based fees for its investment advice according to the following tiered fee schedule:
| ARGI Asset Management Program Fee Schedule | |
| Account Size | Annual Fee |
| $0 to $1,000,000 | 1.25% |
| $1,000,000 - $2,500,000 | 0.85% |
| $2,500,000 - $5,000,000 | 0.70% |
| $5,000,000 - $10,000,000 | 0.60% |
| $10,000,000 - $20,000,000 | 0.50% |
| $20,000,000 - $50,000,000 | 0.40% |
| $50,000,000+ | 0.25% |
Here's the estimated dollar amount you'd pay in advisory fees based on the size of your account:
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Investment Management Fees at ARGI Investment Services* | |
| Your Assets | ARGI Fee Amount |
| $500K | $6,250 |
| $1MM | $12,500 |
| $5MM | $42,750 |
| $10MM | $72,750 |
What to Watch Out For
ARGI Investment Services has a clean legal and regulatory record according to its SEC-filed Form ADV.
Opening an Account With ARGI Investment Services
Those looking to open an account with ARGI Investment Services should go to the firm's website to request an advisor to reach out to them. As an alternative, feel free to call the firm at (502) 753-0609.
All information was accurate as of the writing of this article.
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