Lee-Way Financial Services is a registered investment advisor that provides ongoing portfolio management services to individuals, high-net-worth individuals, charitable organizations, corporations, and pension plans. Lee-Way focuses on investing in publicly traded securities such as stocks, bonds, real estate investment trusts, exchange-traded funds, and publicly traded limited partnerships to help clients achieve objectives like capital growth, income, or a combination of both. Lee-Way operates on a discretionary basis, meaning the firm makes investment decisions on behalf of clients without prior consultation for each trade, tailored to each client's specific risk tolerance and time horizon. While Lee-Way does not produce formal, standalone financial plans as a standard practice, specific financial guidance is provided at no extra cost when managing a client's assets. The firm requires clients to use Charles Schwab & Co. as their custodian.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.65% |
| $500K+ | 0.50% |
Fees are generally negotiable based on the amount of funds managed and the difficulty of investment instructions. Annual fee will never exceed 1%.