Note: This service is not available to U.S. expatriates while living outside of the U.S.

If you’re looking to have your ESIP managed for you, Fidelity has a managed account service called Portfolio Advisory Services at Work (PAS-W). A managed account is a way to hire a team of professionals to help manage your ESIP investments for you on an ongoing basis. Investment professionals will select, monitor and periodically make changes to your funds to adjust to changing markets and changes in your life – all the way to and through retirement. With a managed account, you are turning over the management of your ESIP to a professional who works on your behalf.

Chevron stock sits outside the managed account and you won’t pay a fee on the Chevron stock balance in your account. Fidelity will look to offset this position and manage your overall holdings to an appropriate total risk level. If you choose, you can ask Fidelity to ignore the Chevron stock position, in which case they’ll manage your remaining balance without factoring in your Chevron stock holdings.

If you are currently enrolled in PAS-W, you can tailor it to suit your specific needs by logging into your account and updating your Personal Profile. That way, Fidelity professionals can take into account your comfort level with risk, your outside assets and your financial situation.

The annual fee for PAS-W is based on a percentage of your assets, as follows:

  • 0.30 percent for balances up to $100,000.
  • 0.20 percent for balances between $100,000 and $250,000.
  • 0.10 percent for balances over $250,000.

To learn more about PAS-W: