Robert Lutts is a registered investment advisor at Cabot Wealth Management, based in Salem, MA, with 31 years of industry experience. Robert operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Charitable Giving, Education Planning, Estate Planning, and 4 more. Their firm serves 650 clients with $1.1B 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 | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.75% |
Fees are negotiable for accounts over $10,000,000. Bond or ETF portfolios may be charged a lower fee than portfolios that consist of individual equity securities. Clients using Cabot Wealth Management's tax preparation service may pay a higher fee. Some clients may have a fee schedule that predates the current fee schedule and as a result will pay Cabot Wealth Management a higher or lower fee than reflected on this schedule.
Fee Estimator
Location
216 Essex Street, Salem, MA, 01970
Get directionsHistory
Regulatory History (1)
Regulatory
August 1996Other Business Activities
Robert is an instructor at Salem State College School of Business, teaching an investment management course since 2003. He teaches one class for one or two semesters each school year, dedicating about 10-20% of his time.
Employment History
Current Registrations
Cabot Wealth Management
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.