Nationwide ProAccount is a managed account service, available for an additional fee, designed to help take the guesswork out of retirement investing. With Nationwide ProAccount, your investments are selected for you based on your age and personal tolerance for risk, and takes into account your retirement readiness and goals. We will research, select, monitor and adjust your portfolio over time to help keep you on track towards your retirement goals.
How does Nationwide ProAccount® help you achieve your goals?
Nationwide ProAccount brings institutional strategies to your retirement account
Over 20 years, individual investors barely stayed even with inflation. But institutional investors — investment management companies that manage money for large institutions — delivered better performance year after year. Over time, that difference amounted to significantly better gains.
- 4% annualized over 10 years
- 4% annualized over 20 years
Annualized returns for average and institutional investors ending 12/31/2020
Source: DALBAR and Wilshire TUCS(R). Asset Allocation Fund Investor from the DALBAR Report. Average institutional investor data from Wilshire TUCS is represented by the median total returns of master trusts - all plans, as of 12/31/20. The chart shown intends to demonstrate what Wilshire believes to be the effect of behavioral biases, including market timing, exhibited by retail investors. The reader should view these returns in consideration of other relevant additional factors and should not rely solely on performance data shown.
Past performance is not indicative of future results. All investing involves risk, including loss of principal.
What you pay as a Nationwide ProAccount participant
The fee for ProAccount is based on the average daily balance of your account. This fee is deducted from your account on a quarterly basis in arrears. The fees associated with ProAccount are:
|Account Balance||Annual Program Fee through December 31, 2021||Annual Program Fee as of January 1, 2022|
|The first $99,999.99||0.50%||0.45%|
|The next $150,000||0.45%||0.40%|
|The next $150,000||0.40%||0.35%|
|The next $100,000||0.35%||0.30%|
|Assets of $500,000 and above||0.30%||0.25%|
My Interactive Retirement PlannerSM
Our easy digital planning tool, My Interactive Retirement Planner, will help you determine where you are and create a personalized retirement plan to suit your individual needs. To get started, log into your savingsplusnow.com account.
If you answer yes to any of these questions, then ProAccount may be a good choice:
- Do you sometimes find yourself overwhelmed by choosing investments and maybe even a little intimidated by the process?
- Would you feel more confident knowing that a highly respected professional investment management firm was managing your portfolio?
- Would it give you confidence to know that professionals are making adjustments to your portfolio as needed to keep it in line with your objectives?
Is Nationwide ProAccount® right for you?
Find out with a 90-day trial period with no obligation, minimum account balance or cancellation fees.
To learn more or to enroll, talk to your local Retirement Specialist or contact 1-855-616-4776.
ProAccount participants: How to update your account information and risk profile
Reviewing your account information and risk profile annually ensures Nationwide ProAccount is working effectively to meet your retirement income needs.
Follow these steps to update your information:
- Log into your account
- Select Manage account in the banner at the top of the webpage
- Select Change investments listed under Manage investments
- Select the blue button Change Investment Style
- Complete the Participant Risk Tolerance Questionnaire using DocuSign
Please visit www.nationwide.com/proaccount to review our disclosure documents summarizing the investment services provided by Nationwide Investment Advisors, LLC.
There is an annual fee for Nationwide ProAccount. The fee is listed in the Participant Agreement and is calculated daily, based on the market value of your assets, and deducted from your account at the end of each quarter. A 90-day trial period allows you to enroll in the service with no up front fee. Your account is charged only if you continue the service beyond the trial period.
Nationwide ProAccount neither guarantees a profit nor eliminates risk.
Nationwide Investment Advisors, LLC (NIA) provides investment advice to account holders enrolled in Nationwide ProAccount. NIA is an SEC-registered investment adviser and a Nationwide affiliate.
NIA has retained Wilshire® as an Independent Financial Expert for Nationwide ProAccount. Wilshire provides investment allocation portfolios based on participant ages and their personal tolerance for investment risk.
Retirement products are offered by Nationwide Trust Company, FSB or Nationwide Life Insurance Company.
Wilshire is a registered service mark of Wilshire Associates, which is not an affiliate of Nationwide or NIA.
Nationwide ProAccount is a service mark of Nationwide Mutual Insurance Company. © 2021 Nationwide.