Lottsa Financial Services (LFS) is a fee-only firm offering investment management and financial planning services. LFS manages client portfolios through asset allocation and rebalancing, and also offers financial planning on specific needs like retirement or education. Hourly consultations are available for limited scope advice. LFS typically provides investment management services on a discretionary basis. Clients can choose socially responsible investments.
Fee Structure
Lottsa Financial Services (LFS) charges a quarterly fee for managing your investments, based on the value of your accounts. The fee is calculated in advance each quarter. The annual fee is:
- $2,500 if your portfolio is $250,000 or less
- 1.00% on assets between $250,001 and $1,000,000
- 0.80% on assets between $1,250,001 and $3,000,000
- 0.70% on assets between $3,428,572 and $5,000,000
- 0.65% on assets between $5,384,616 and $10,000,000
These fees do not include the costs charged by the mutual funds or exchange traded funds you invest in.