Lsb Wealth Management
Assets Under Management
$173.0M
Number of Clients
406
Number of Advisors
5
Average Client AUM
$426K
AUM per Advisor
$34.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
LSB Capital Management offers discretionary asset management and financial planning services to individuals, retirement plans, trusts, estates, charitable organizations, and corporations. Services are provided directly or as a sub-adviser. The firm also offers wrap fee programs. Investment recommendations include mutual funds, stocks, bonds, and ETFs.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Fees negotiable for accounts over $10,000,000.
Fee Estimator
LSB Capital Management charges an annual fee based on a tiered percentage of assets under management. The minimum account fee is $1,000. Fees are negotiable for certain clients. Fees are prorated and paid quarterly in advance. Financial planning services are offered on a flat fee or hourly basis, with hourly rates up to $250 per hour. LPL advisory program fees range up to 3.0%.
Areas of Practice
Location
1375 SW State Street, Ankeny, IA, 50023