Meeder Investment Management, Inc. (“MIM”)
offers a complete range of equity, fixed income
and cash management investment solutions
through its wholly owned SEC registered
investment advisers: Meeder Asset
Management, Inc. (“MAM”), Meeder Advisory
Services, Inc. (“MAS”), and Meeder Public Funds,
Inc. (“MPF”). MIM’s principal owners are Robert
Meeder, Jr. and Robert Meeder, Sr. All affiliates
of MIM are located at 6125 Memorial Drive,
Dublin, Ohio 43017 and share employees.
Meeder Asset Management, Inc. designs
investment solutions that manage risk and
improve investor outcomes. The firm is a
defensive investing pioneer, whose tactical asset
allocation expertise dates back to the firm’s
inception in 1974. MAM offers its clients a model-
driven, multi-discipline, multi-factor approach to
investing. Our investment solutions include
mutual funds, investment portfolios, separately
managed accounts, retirement plan services,
cash management solutions, and individualized
financial planning services.
As of December 31, 2023, MAM had assets under
management of $2,420,073,659, all of which
were managed on a discretionary basis.
Individual Portfolio Management
MAM provides a wide variety of investment
management services to individuals, families and
businesses. Before recommending an
appropriate program and investment strategy,
MAM will obtain information regarding your
financial circumstances, investment goals and
objectives. MAM may use questionnaires or other
methods to determine your risk tolerance. MAM
will collect other pertinent information regarding
your current investments, income, earnings,
assets, liabilities, retirement plans, tax
circumstances and insurance policies. This
information is used to make recommendations
regarding each client’s investment strategy and
clients should notify us promptly of any changes
in their financial situation, goals or objectives. A
financial adviser will assist clients in selecting an
investment program and strategy that meets
their investment needs and risk tolerance.
WRAP FEE PROGRAMS
Many investment management services offered
by MAM are provided through wrap fee programs
in which clients pay an asset-based fee that
covers investment management, execution and
custody services. These programs include
Meeder Investment Portfolios, Meeder Select
Portfolios, Meeder Premier Portfolios, Separately
Managed Accounts, Private Wealth Management
and Adviser Directed Accounts. Information
about Meeder’s wrap fee program services may
be found in the firm’s Form ADV, Part 2A,
Appendix 1 brochure, which may be obtained
upon request. Programs offered outside of the
wrap fee program are described in this brochure.
MEEDER INVESTMENT PORTFOLIOS
Meeder Investment Portfolios are offered to
Meeder clients as direct investments in Meeder
Funds through our affiliated transfer agency,
Mutual Funds Service Co. The portfolios offer
clients the opportunity to purchase a managed
portfolio of Meeder Funds designed to meet a
variety of investment objectives. Clients utilize a
questionnaire to determine their investment
objectives and risk tolerance. The program
recommends a suitable portfolio based on the
responses given and clients select the portfolio
that meets their needs.
The portfolios consist principally or exclusively of
Meeder Funds selected by the portfolio manager
to meet specific investment objectives and risk
tolerance levels. Meeder Funds are often the only
investment options utilized for a Meeder
Investment Portfolio. In other cases, MAM
exercises a preference for its affiliated
proprietary mutual funds but may supplement the
portfolio with limited third-party mutual funds to
meet specific objectives. The minimum account
size for Meeder Investment Portfolios is $5,000.
MEEDER SELECT PORTFOLIOS
Meeder Select Portfolios are offered to individual
clients on various custodial platforms, including
those offering 403(b) tax-deferred retirement
plans. Meeder also offers its Select Portfolios
investment management service for certain fee-
based variable annuity programs. In these
MEEDER ASSET MANAGEMENT, INC. | MARCH 28, 2024 PAGE 5
programs, Meeder assumes discretionary
authority to allocate subaccounts in accordance
with the client’s investment objectives. The
portfolios offer clients the benefits of Meeder
tactical management in a portfolio comprised of
non-proprietary mutual or exchange-traded
funds. Clients utilize a questionnaire to determine
their investment objectives and risk tolerance.
The program recommends a suitable portfolio
based on the responses given and clients select
the portfolio that meets their needs. Account
minimums for these programs are set by the
program sponsor.
SHORT-TERM FIXED INCOME PORTFOLIOS
MAM’s Short-Term Fixed Income Portfolios are
individually
designed for clients seeking income
from highly liquid instruments. Participation in the
program generally requires a minimum
$1,000,000 investment. Short Term Fixed
Income Portfolios are constructed from individual
securities selected by the portfolio manager,
including commercial paper, taxable and tax-
exempt bonds, and certificates of deposit.
Money market funds may also be utilized. The
portfolio manager selects commercial paper,
taxable and tax-exempt bonds from issuers
approved by the firm’s credit committee, which
utilizes fundamental credit and relative value
analysis combined with ongoing oversight to
select issuers eligible for purchase in this
program.
Institutional Portfolio Management
MAM also provides investment advisory services
to registered investment companies, institutional
investors and qualified retirement plans who
manage investments for their shareholders and
participants.
MAM serves as the manager and investment
adviser to the Meeder Funds. For additional
information about the Meeder Funds, please see
the funds’ prospectus and statement of
additional information.
RETIREMENT PLAN SERVICES
MAM provides retirement plan sponsors with
fiduciary investment management services,
including development of an investment policy
statement, selection of designated investment
options, and ongoing monitoring of the plan. In
accordance with the terms of the retirement plan
agreement and investment policy statement,
MAM may exercise discretion to select, review
and replace investment alternatives made
available to participants in the plan and to direct
the plan recordkeeper to implement those
changes. All such services are offered subject to
the specific terms of the retirement plan
agreement.
Retirement plan sponsors also engage MAM to
offer managed portfolio solutions to their
participants. In this program, MAM enters into an
agreement with the plan to offer managed
portfolios to plan participants as a designated
investment option under the plan. Pursuant to the
agreement and investment policy statement,
MAM exercises discretion in creating and
maintaining the portfolios and directs the plan’s
recordkeeper to implement any changes to the
portfolios. Participants select a portfolio that
meets their needs from those made available by
the plan.
Available portfolios include risk-based portfolios
designed to achieve a certain investment
objective and risk tolerance, age-based
portfolios that match an investment objective and
risk tolerance with the participant’s current age,
and target date portfolios that follow an
incremental glidepath in which the asset
allocation becomes more conservative over time.
Meeder retirement portfolios may be
constructed from proprietary Meeder Funds,
non-affiliated mutual funds, or ETFs. For
portfolios constructed from Meeder Funds, the
portfolio manager exercises a strong preference
for Meeder Funds, but on some platforms may
supplement the portfolio with limited third-party
mutual funds to meet specific objectives.
Financial Planning & Consulting
Services
MAM offers financial planning and investment
consulting services individually tailored to the
needs of the client. Services are individually
negotiated for each client and may be provided
on an ad-hoc or ongoing basis. When offering
these services, MAM does not undertake
discretionary management of client assets, and
clients are under no obligation to implement the
recommendations provided. Clients may
MEEDER ASSET MANAGEMENT, INC. | MARCH 28, 2024 PAGE 6
implement the advice themselves or through any
other financial organization of their choice.
When undertaking financial planning services,
MAM will typically review the client’s overall
financial situation, including income, assets,
liabilities, taxation, insurance needs, retirement
and estate planning objectives. Clients may
include assets held at a variety of custodians,
including different forms of retirement savings or
pension plans. Financial planning clients typically
receive a written financial plan, addressing
savings goals, asset allocation, security
selection, insurance, retirement income and
other goals.
Investment consulting services are typically
offered to corporations, charitable organizations,
investment advisers, and state and municipal
government entities.
Services may include development or review of
an investment policy statement, evaluation of
investment alternatives, monitoring and due
diligence review of investment managers,
portfolio analysis and monitoring reports, non-
discretionary investment advice, and certain non-
advisory investment services. Consulting
services are highly customized for each client’s
needs and are provided in accordance with
individually negotiated agreements.