Lifestyle Asset Management, INC.
Assets Under Management
$399.2M
Number of Clients
670
Number of Advisors
15
Average Client AUM
$596K
AUM per Advisor
$26.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Lifestyle Asset Management, Inc. offers portfolio management, pension consulting, sub-advisory, and financial planning services. Investment advice is tailored to individual client needs, objectives, and risk tolerance. The firm manages assets using predefined strategies or model portfolios, monitoring performance and rebalancing as needed. They also offer pension consulting services to employee benefit plans.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 1.75% |
| $250K - $500K | 1.55% |
| $500K - $750K | 1.45% |
| $750K - $1.0M | 1.35% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.05% |
| $3.0M - $4.0M | 0.95% |
| $4.0M - $5.0M | 0.85% |
| $5M+ | 0.75% |
The management fee is “linear” meaning the applicable rate will be applied to the household custodian reported value for each level back to the first dollar.
Fee Estimator
For portfolio management, you'll pay an annual fee based on the value of your managed assets (see the table for specific rates). This fee is calculated monthly, in advance. Pension consulting services are also offered, with fees based on a percentage of assets. Financial planning consulting is available at an hourly rate of $175, which is negotiable. A $15 annual fee is charged for database maintenance for certain accounts not directly managed by the firm.
Areas of Practice
Location
211 West Edgewood, Suite 300, Friendswood, TX, 77546