| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 2.75% |
| $100K - $500K | 2.50% |
| $500K - $1000K | 2.25% |
| $1M+ | 2.00% |
Fees are negotiable.
Lantern Wealth Advisors offers wrap fee programs where you pay a single fee covering investment advice, brokerage, and custodial services. The annual fee is based on your portfolio size. For both the Private Portfolio and Mutual Funds/ETFs programs, the fee is 2.75% for assets up to $99,999, 2.50% for $100,000-$499,999, 2.25% for $500,000-$999,999, and 2.00% for $1,000,000 and above. The minimum annual fee per account is $1,375. These fees are negotiable. Additional fees may apply for certain services like wire transfers and paper statements.
35 Pinelawn Road, Suite 101E, Melville, NY, 11747
Get directionsGary is an employee and registered investment advisor representative with Lantern Wealth Advisors since 2012. He dedicates minimal time to this investment-related activity, mostly during securities trading hours.