Lighthouse Financial Management, LLC
Assets Under Management
$184.1M
Number of Clients
119
Number of Advisors
N/A
Average Client AUM
$1.5M
AUM per Advisor
N/A
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Lighthouse Financial Management, LLC is a fee-only firm providing personalized financial planning services for individuals, families, trusts, and small businesses. Core services include investment management, income tax planning & preparation, retirement planning, and risk management. They use a planning process that involves interviews, questionnaires, and quantitative data to develop a customized investment strategy and financial plan.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.50% |
| $1.0M - $5.0M | 0.40% |
| $5M+ | 0.25% |
Long-standing advisory clients may be subject to grandfathered advisory fees. Fees may be reduced or waived for family members of existing clients.
Fee Estimator
Lighthouse charges an annual fee based on a percentage of assets under management, billed quarterly in arrears. For clients whose assets are less than the $500,000 minimum, or for an interim period when fees cannot be deducted from investment accounts, a flat fee may be charged for financial planning, tax planning and preparation, or financial advice. Tax preparation is provided at no additional charge for clients who meet asset minimums. The total blended fee, including the Advisor’s fee and the Independent Manager’s fee, will not exceed 1.25%.
Areas of Practice
Location
85 Beach Street, Building D, Westerly, RI, 02891