Shannon Lemon is a CFP-designated registered investment advisor at Elmwood Wealth Management, based in Berkeley, CA, with 13 years of industry experience. Shannon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 163 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Elmwood Wealth Management offers three primary service models with different fee structures:
- Full-Service Offering: Fees are based on a percentage of your portfolio, starting at 1.00% annually for amounts up to $2,000,000, decreasing for larger portfolios. There is a $10,000 minimum annual fee. This includes active investment management, ongoing financial planning, advice, and advisor meetings.
- Core Service Offering: Fees are based on a percentage of your portfolio, starting at 0.75% annually for amounts up to $2,000,000, decreasing for larger portfolios. There is a $5,000 minimum annual fee. This includes financial planning in the first year only. Additional financial planning and advisory meetings are billed hourly at $225/hour for advisors and $95/hour for staff.
- Fixed Income Offering: A flat 0.50% annual fee with a $2,500 minimum annual fee. This offering does not include financial planning.
Additional fees apply for Plus, Premier, and Platinum service options, which provide access to client portals, tax preparation, and other services.
Location
2027 Fourth Street, Suite C, Berkeley, CA, 94710
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Elmwood Wealth Management
State Registrations2 states
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