Lewis M. Wallensky offers financial planning and consulting services. Financial planning involves evaluating a client's current and future financial state to predict cash flows and asset values. Consulting services provide investment advice on specific areas of concern, such as estate or retirement planning. Lewis M. Wallensky also offers advisory management services through the selection and monitoring of third-party money managers.
Fee Structure
Lewis M. Wallensky does not directly manage client investments. Instead, they help clients select a third-party money manager. Lewis M. Wallensky is paid a portion of the fee charged by the independent investment advisor, typically up to 1.5% of the fee charged by the independent investment advisor, depending on the size of the account. This fee is included in the independent investment advisor's annual management fee.