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Meeder Asset Management 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.

Meeder Asset Management, Inc. (MAM) is a wholly owned subsidiary of Meeder Investment Management. The parent company also has two other subsidiary advisories: Meeder Advisory Services, Inc. (MAS) and Meeder Public Funds, Inc. (MPF). MAM is the arm of the firm that works with individual clients.

The MAM staff includes both broker-dealers and licensed insurance agents (some people may have more than one role). The firm is located in Dublin, Ohio, and has regional investment consultants across the country.

Meeder Asset Management Background

Robert Meeder, Sr. founded the firm in 1974, specializing in tactical investing, or what he called back then “Defensive Equity Strategy.” He still owns part of the company, along with his son Bob Meeder, who has been serving as president and CEO since 1995. Another Meeder - Susan - joined the company in 2009 and serves as chief administrative officer. Other members of the executive team also have small stakes.

Meeder Asset Management Client Types and Minimum Account Sizes

MAM, which advises Meeder Funds, works with individuals, families, businesses, institutions, registered investment companies, local government investment pools and qualified retirement plans who manage investments for their shareholders and participants.

The firm does not publish its minimums, but generally they depend on the investment program and platform. Terms and conditions are provided in the company’s agreements. 

Services Offered by Meeder Asset Management

MAM offers discretionary investment management services through a wrap fee program (where management, custodian and brokerage costs are bundled into one fee), Meeder Investment Portfolios (which contain Meeder Funds), Meeder Select Portfolios (which contain non-Meeder mutual or exchange-traded funds) and platforms sponsored by other financial institutions and possibly using sub-advisors. 

The firm also offers financial planning to individuals. Additionally, it provides retirement plan services to plan sponsors and their participants, advisory and administrative services to the Ohio local government investment pool and investment consulting services to corporations, charitable organizations, investment advisors, and state and municipal government entities. 

Meeder Asset Management Investing Philosophy

As mentioned earlier, the firm practiced tactical investing before it was called that. It is still foundational to the firm’s approach. In utilizing this strategy for separately managed accounts and the Meeder Funds, MAM says that it “invests more heavily in equities when our investment models indicate that the risk/reward relationship of the stock market is positive. When the relationship turns negative, we invest defensively in fixed income securities, fixed income funds or cash products until the market turns more favorable for investors.”

Fees Under Meeder Asset Management

Like most firms, MAM collects management fees based on a percentage of the client’s assets under management (AUM). They vary, depending on the program and platform.

Meeder Asset Management Awards and Recognition

In 2019, U.S. News ranked Meeder Muirfield Fund (FLMFX) as No. 1 in its tactical allocation category.

In 2017, Meeder Quantex Fund (FLCGX) won the Lipper Fund Award for the third time and was called a “Best Performer” among mid-cap funds by Money magazine. 

What to Watch Out For

MAM had no legal or disciplinary action to disclose in its most recent filings Securities and Exchange Commission (SEC).

One thing worth noting: some of the firm’s advisors may also be registered representatives of broker-dealers and/or insurance agents. This means they may receive transaction-based fees and commissions from third parties, which presents a potential conflict of interest. That said, the SEC requires the firm to act as a fiduciary, which means they must put client interests before their own or their firm’s. 

Opening an Account With Meeder Asset Management

To contact MAM, call (800)-325-3539 or send an email to Alternately, you can send a message via its site. 

All information is accurate as of the writing of this article. 

Tips for Hiring a Financial Advisor 

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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