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 $250K | 1.50% |
| $250K - $3.0M | 1.25% |
| $3.0M - $10.0M | 1.00% |
| $10M+ | 1.00% |
Fees negotiable for accounts above $10,000,000.
Fee Estimator
Fees are calculated as a percentage of assets under management, charged quarterly in advance. The fee is determined by multiplying one-fourth of the annual percentage rate by the account's fair market value on the last day of each closing calendar quarter. Fees may be higher or lower than those shown due to special client situations, other services performed or other extraordinary circumstances and may be negotiable. The client is always informed in writing of the fee structure in place on their account.
Areas of Practice
Advisor Information
Office location
518 S. 12th Street, Murray, KY, 42071
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 Activities
Lance is the owner of Cherry Wealth Management since 2022, which is an investment-related activity.