Lee Tobey is a registered investment advisor at Hedgewise, based in San Diego, CA, with 11 years of industry experience. Lee operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 24 clients with $14M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Hedgewise charges a percentage of your account's value annually, calculated daily. There are two product types, 'Beta' and 'Alpha'. Alpha products are actively managed and speculative. If you choose Alpha products, the Alpha fee schedule applies to your entire account. Fees cannot be split by product type. The annual fee is based on the amount you invest:
- $100,000 - $1,000,000: 0.7% for Beta, 0.9% for Alpha
- $1,000,000 - $2,000,000: 0.6% for Beta, 0.8% for Alpha
- $2,000,000 and over: 0.5% for Beta, 0.7% for Alpha
Hedgewise requires a minimum monthly fee of $19.99 to cover administrative and trading costs, if the calculated annual fee falls below this amount. For Beta products, Hedgewise covers trading commissions (except for sub-advisory clients). You are responsible for other expenses like ETF fees and bank service fees.
Location
San Diego, CA
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Hedgewise
State Registrations2 states
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