Lee Hernandez is a CFA, CFP-designated registered investment advisor at Firmament Financial, based in Reno, NV, with 6 years of industry experience. Lee operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Insurance Planning, Investment Management, and 2 more. Their firm serves 52 clients with $32M 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 $300K | Included |
| $300K - $2.0M | 1.00% |
| $2.0M - $4.0M | 0.90% |
| $4.0M - $6.0M | 0.80% |
| $6.0M - $8.0M | 0.75% |
| $8.0M - $10.0M | 0.70% |
| $10.0M - $12.0M | 0.65% |
| $12.0M - $15.0M | 0.60% |
| $15.0M - $20.0M | 0.55% |
| $20M+ | 0.50% |
The annual fees may be negotiable. Client must be enrolled in comprehensive financial planning to receive investment advisory services. For clients with more than $300,000 in investment advisory services, the ongoing fee for comprehensive financial planning is included in the investment advisory services fee.
Fee Estimator
Location
Reno, NV
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Lee is the Chief Financial Officer of Catholic Charities of Northern Nevada, dedicating nearly full-time hours to this role. He also provides tax preparation services to advisory clients of Firmament Financial.
Employment History
Current Registrations
Firmament Financial
State Registrations2 states
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