Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 2.75% |
| $100K - $500K | 2.50% |
| $500K - $1000K | 2.25% |
| $1M+ | 2.00% |
Fees are negotiable.
Fee Estimator
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.
Areas of Practice
Advisor Information
Office location
35 Pinelawn Road, Suite 101E, Melville, NY, 11747
Get directionsRegulatory History (3)
Judgment / Lien
July 2013Judgment / Lien
July 2013Customer Dispute
November 2005Other Business ActivitiesSells Insurance
Alan is a Registered Investment Advisor Representative at Lantern Wealth Advisors, dedicating minimal time to this role. He is also an insurance agent with Lantern Insurance Brokerage, spending a few hours per week in this capacity.