Lonestar Registered Investment Advisors (LRI) offers financial planning and investment advice through a co-advisor relationship with Gradient Investments, LLC (GI) and Flexible Plan Investments, Ltd. (Flex Plan). LRI assists clients in selecting appropriate investment strategies based on their objectives and risk tolerance. LRI also provides financial planning services, including cash flow analysis, insurance review, education funding, investment management, estate planning, and retirement planning.
Fee Structure
Lonestar Registered Investment Advisors (LRI) works with Gradient Investments, LLC (GI) to manage your investments. The annual fee depends on the portfolio type:
- Strategic, Tactical, Allocation, and Defined Outcome Portfolios: 1.50% of your portfolio (GI receives 1.00%, LRI receives 0.50%)
- Preservation Portfolios: 1.00% of your portfolio (GI receives 0.60%, LRI receives 0.40%)
- Private Wealth Portfolios: 1.50% of your portfolio (GI receives 1.00%, LRI receives 0.50%)
- Client Directed Accounts: $300 flat fee (paid to GI)
A quarterly technology fee of $15 is also charged per account or investment strategy. These fees are negotiable.