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ARGI Investment Services Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

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.

Tips for Finding the Right Financial Advisor

  • Choosing a financial advisor to work with can be tough to do on your own. Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • Want an advisor who earns their compensation only from you? That's what is called in the industry a "fee-only" advisor. These advisors do not receive commissions from the sale of financial products, like insurance.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research