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State Farm® Brokerage Account Relationship Summary

We understand that when you’re making investment decisions, the people you work with are as important as how you invest your money. That’s why we’re committed to the idea that the best financial conversations start with authentic relationships. What’s outlined below is what you can expect from us when we’re helping you plan your financial future.

What is our commitment to you as a broker-dealer when planning for your financial future?

A registered agent is committed to giving you personalized service, and discussing with you strategies and investments, based on your financial situation, goals and timeframe and is your central point of contact.

You can expect us to analyze your investment goals –identify gaps, determine strategies to help close them, and to help put you on track to achieve your goals and make your own investment decisions.

Provide brokerage and education services for your account, including information about mutual funds, asset classes, and the value of diversifying your investments.

What costs and fees are associated with your account?

When you decide to buy or sell mutual funds you will pay a commission or transaction fee.

There are also fees associated with the type of account and service choices you make.

For specific fee information, go to:

How are registered agents compensated?

When you make a purchase, a registered agent will be paid compensation that is a percentage scale of the amount of your purchase and is designed to be the same percentage scale amount no matter which mutual fund you buy.

The registered agent is also paid monthly or quarterly, based on the total value of fund shares in your account and the pay may increase or decrease based on external factors and account features; including but not limited to investment returns and market interest rates.

The agent may also earn credit toward an incentive program. The credit is calculated as a percentage of the amount of your purchase(s) and is the same regardless of the mutual fund you buy. Not all agents will qualify for the program.

How does the broker-dealer make money and are there any conflicts of interest?

The broker-dealer’s revenue may vary depending on which mutual fund family and fund you purchase.

The revenue may increase or decrease based on your decision to take a distribution and is impacted by external factors and account features; including but not limited to investment returns and market interest rates.

What other information/factors should I consider when working with a registered agent?

Additional information about investing with State Farm Investment Planning Services can be found at:


It is mutually understood that the agent and the broker-dealer are not providing fiduciary investment advice as defined in Sec. 3(21) of the Employee Retirement Income Security Act or in Sec. 4975(e) of the Internal Revenue Code, and that any recommendations the agent and State Farm VP Management Corp. (SFVPMC) provide are not a primary basis for your investment decisions. Additionally, it is mutually understood that the agent and SFVPMC are not providing fiduciary services, including ongoing monitoring of your account and investments.

Neither State Farm nor its agents provide tax or legal advice. Please consult your tax or legal advisor about your personal situation.

Before investing, consider the funds’ investment objectives, risks, charges and expenses. You can obtain a prospectus or a summary prospectus at Read it carefully.

State Farm VP Management Corp. is a separate entity from those State Farm® entities which provide banking and insurance products.

Securities insurance and annuity products are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.

Separate from your investment conversations, an agent may give you information about products and services offered by affiliated State Farm companies, such as life, automobile or homeowners insurance. If an agent offers information about these products or services, the agent will be acting as an insurance agent of the State Farm insurance companies and will comply with all applicable insurance laws and regulations. If you purchase an insurance policy, the State Farm affiliate company will pay the agent any compensation due. Registered agents may also be sales agents for State Farm Bank products and may receive compensation from State Farm Bank for assisting with Bank transactions. If the agent reviews any Bank products with you, the agent will do so as a sales agent for State Farm Bank.

State Farm VP Management Corp
One State Farm Plaza
Bloomington, IL 61710-0001