Locker Financial Services offers financial planning and investment management. Financial planning covers areas like retirement, taxes, cash flow, estate, insurance, and college planning. Investment management is offered on a fee-only basis, where Locker Financial manages client accounts with discretion, primarily using mutual funds and ETFs. Clients can place restrictions on investments. Locker Financial may recommend rollovers to an IRA managed by them, which creates a conflict of interest.
Assets Under Management$210M
Clients141
Advisors2
Avg. per Client$1.5M
Avg. per Advisor$110M
Fee Structure
Minimum Investment:None
Planning is included in investment management (also available separately)
Minimum Annual Fee:$2,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2M+ | 0.75% |
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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