Firm Information
Compensation
Number of Advisors
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
The annual portfolio management fee is based on your total assets under management. For example, the fee is 1.30% for assets between $150,000 and $250,000, and 0.90% for assets above $2,500,000. These fees are negotiable. Financial planning fees are fixed and range from $999 to $2,500. Clients are responsible for third-party fees such as custodian and brokerage fees. There is an account minimum of $150,000 or $500,000, to be determined by LWS, and which may be waived by LWS at its discretion.
Areas of Practice
Advisor Information
Office location
Bethany Beach, DE
Get directionsRegulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Michael owns Beach 2 Bay Insurance since 2010, offering life insurance and long-term care options. He also owns Loftus Coaching & Consulting since 2018, providing consulting and marketing services to advisors.