MPS LORIA Financial Planners provides investment management, financial planning, and retirement plan consulting services. The firm uses an open architecture approach, building diversified portfolios primarily composed of mutual funds and exchange-traded funds based on each client's goals and risk tolerance. Most client accounts are managed with the authority to make trades without asking first. MPS LORIA Financial Planners also offers hourly financial planning and works with clients who have varying portfolio sizes, with no account minimum required.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.25% |
| $1.0M - $3.0M | 1.00% |
| $3.0M - $5.0M | 0.75% |
| $5M+ | 0.75% |
Fees for accounts over $5 million are determined case-by-case. Fees for certificates of deposit and certain fixed income investments are also determined case-by-case. A firm supervisor can authorize a lower fee.