Lester Detterbeck
Lester Detterbeck is a CFA, CFP-designated registered investment advisor at Detterbeck Wealth Management, based in Mt. Pleasant, SC, with 27 years of industry experience. Lester operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Alternative Investments, Business Owners, Estate Planning, High Net Worth, and 5 more. Their firm serves 165 clients with $280M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 1.00% |
| $2.0M - $3.0M | 0.90% |
| $3.0M - $4.0M | 0.80% |
| $4.0M - $5.0M | 0.70% |
| $5M+ | 0.70% |
Fees are negotiable on a case-by-case basis. The firm requires a $1,000,000 minimum portfolio size, which may also be negotiable.
Fee Estimator
Contact
Lester Detterbeck
Location
159 Civitas Street, Suite 100, Mt. Pleasant, SC, 29464
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Regulatory 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
Lester is a CPA and Chairman with Detterbeck, Johnson and Monsen CPA's since 1976 and an independent RIA with DWM Financial Group, Inc since 2000. He is also a limited partner and investor in ROC Investments, LLC, a real estate program, with no compensation.
Employment History
Current Registrations
Detterbeck Wealth Management
Previous Registrations
Quantum Investment Management, LLC
State Registrations1 state
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Exams
Additional Information
My wife and I moved to Charleston from Chicago in 2005. Still a die-hard Cub fan-ouch. I spent many years in Chicago as a CPA, helping businesses and their owners grow and prosper. My son Brett and I founded DWM Financial Group in 2000 to go the next step with business owners and other individuals. Our goal: to provide proactive, fee-only wealth management services to help our clients protect and enhance their net worth and legacy. I'm passionate about helping people and adding value. I am also Treasurer and board member of Lowcountry Orphan Relief, which provides clothing to 3,000 orphans each year, and a board member of the Estate Planning Council of Charleston.
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