EL

Eugene David Lanton

48 Years of Experience

Firm Information

Compensation
Fee-Only (AUM)Fixed/Hourly
Number of Advisors
26 advisors
Number of Clients
199 clients
Average Client Portfolio
$1.3M average
Assets Under Management
$265.5M

Fee Structure

Minimum Investment:$50K
Financial Planning:Investment management only
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $100K2.75%
$100K - $500K2.50%
$500K - $1000K2.25%
$1M+2.00%

Fees are negotiable.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
Minimum Annual Fee:$1,375

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
Investment ManagementRetirement PlanningHigh Net Worth
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Advisor Information

Office location

35 Pinelawn Road, Suite 101E, Melville, NY, 11747

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Regulatory History (1)
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Customer Dispute
October 1992
Settled
Other Business Activities

Eugene works as a registered investment advisor representative with Lantern Wealth Advisors, LLC. This requires minimal time each month.

Employment History
Current Registrations
Lantern Wealth Advisors, LLC
March 2015 - Present · 10 yrs 10 mos
Herold & Lantern Investments, INC.
October 1993 - Present · 32 yrs 3 mos
Herold & Lantern Investments, INC.Broker
October 1993 - Present · 32 yrs 3 mos
Previous Registrations
Kirlin Securities INC.Broker
October 1988 - October 1993 · 5 yrs
A. F. Green & Company, INC.Broker
December 1985 - October 1988 · 2 yrs 10 mos
Brodis Securities IncorporatedBroker
February 1978 - January 1986 · 7 yrs 11 mos
M V Securities, INC. INC.Broker
March 1977 - March 1978 · 1 yr
State Registrations26 states
CACTDCDEFLGAHIIDILKSLAMAMDMINCNHNJNYOHORPASCTXUTVAWA
AdvisorBrokerBoth
Exams
No exam information available for this advisor.