J. Derek Lewis & Associates (JDLA) offers investment advice and manages investment portfolios for clients. JDLA primarily uses mutual funds and exchange-traded funds (ETFs), often American Funds. JDLA assesses each client's financial situation and provides investment alternatives based on their objectives and risk tolerance. JDLA offers both discretionary and non-discretionary investment management services. The suggested minimum account size is $100,000, but it is not an absolute requirement.
Fee Structure
J. Derek Lewis & Associates (JDLA) offers investment advice for a fee, calculated as a percentage of the value of your investments. The exact fee is specified in your Investment Management Agreement. If JDLA uses a third-party money manager, the total fees from JDLA and the third-party manager will not exceed 1.5% per year. Fees are paid quarterly, either in advance or after the quarter, depending on the billing platform. The advisory fees paid to JDLA are separate from the fees and expenses charged by the mutual funds themselves.