Twenty-First Century Financial Advisors is a registered investment advisor based in Stuart, Florida, providing personalized investment management and financial planning services. The firm focuses on asset allocation as the primary driver of portfolio performance, primarily utilizing mutual funds and exchange-traded funds to build diversified portfolios tailored to each client's risk profile. Twenty-First Century manages portfolios on both a discretionary and non-discretionary basis, meaning they can make trades on your behalf without asking first if you grant them authority. In addition to managing investments, Twenty-First Century offers financial planning services covering net worth analysis, income taxes, insurance coverage, cash flow, budgeting, retirement planning, employee benefits, estate and gift tax planning, and education funding. The firm is owned by Craig S. Lappen and serves individuals, high net worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and corporations.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.50% |
| $100K - $300K | 1.25% |
| $300K - $500K | 1.00% |
| $500K - $1.5M | 0.75% |
| $1.5M+ | 0.50% |
There is a minimum annual fee of $1,500, which Twenty-First Century may waive at its discretion. Fees are negotiable based on the size, complexity, and nature of services provided.