Lu Yu is a registered investment advisor at Familywealth Asset Management, based in Dallas, TX, with 7 years of industry experience. Lu operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 424 clients with $180M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
FamilyWealth charges a percentage of the assets they manage.
For retail clients, the fee is 1.45% of the portfolio value.
For institutional clients, the fees are:
- $500,000 - $1,000,000: 0.80% per year
- $1,000,000 - $2,000,000: 0.70% per year
- $2,000,000 - $5,000,000: 0.65% per year
- $5,000,000 - $10,000,000: 0.60% per year
In addition to the above fees, clients will pay platform fees as follows:
- First $500,000: 0.30%
- Next $500,000: 0.25%
- Next $1,000,000: 0.20%
- Next $1,000,000: 0.15%
- Next $1,000,000: 0.10%
- Assets Over $4,000,000: 0.05%
An additional 0.10% to 0.35% asset management fee applies for asset managers of strategies and portfolios in the Managed Account Solutions Platform, depending on the manager selected.
Location
1601 Elm Street,, Suite 4310, Dallas, TX, 75201
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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
Lu works as a staff accountant for Workplace Solutions LLC in Dallas, TX since 2013. This accounting work is not investment-related and takes about half of Lu's time.
Employment History
Current Registrations
Familywealth Asset Management
State Registrations1 state
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