Lighthouse Financial Planning, LLC
Assets Under Management
$22.0M
Number of Clients
16
Number of Advisors
1
Average Client AUM
$1.4M
AUM per Advisor
$22.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Lighthouse Financial Planning provides objective financial planning/consulting and investment management services on a fee-only basis. Services include bundled and unbundled financial planning, hourly consulting, and investment management. LFP does not provide ongoing and continuous supervisory service, but offers selected financial planning and consulting services as requested by the client.
Fee Structure
Lighthouse Financial Planning charges flat, pre-set, negotiated retainer fees for financial planning services, with a minimum of $9,500 for bundled and ongoing services. Initial bundled plans typically cost $5,000 to $7,500. Unbundled services have a minimum of $3,000, with financial check-ups costing $1,800 to $2,500. Hourly services range from $200 to $400 per hour. Investment management fees start at 1.2% of assets up to $500,000, plus 0.8% to 1.2% of assets from $500,001 to $2,000,000, plus .50% to .7% of assets over $2,000,000. The minimum annual investment management fee is $10,000. All fees are negotiable.
Areas of Practice
Location
MD, United States