Street Smart Financial is an independent registered investment advisor based in Lexington, Massachusetts, founded by Rand Spero in 2008. The firm offers personalized financial planning and investment management services to individuals, trusts, estates, charitable organizations, and small businesses. Investment management services include building financial and estate plans, establishing asset allocation strategies, monitoring results, and providing ongoing advice. The investment philosophy focuses on growing and preserving principal through diversification, low-cost index funds, and no-load mutual funds, while maintaining a macroeconomic perspective on tactical asset allocation. Clients' assets are primarily held in custody at Charles Schwab & Co. Street Smart Financial operates strictly on a fee-only basis, accepting no commissions, finder's fees, or third-party product compensation.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3M+ | 0.75% |
Fees for assets greater than $3.0 million are negotiated on a case-by-case basis considering account size and complexity. Current client relationships may have higher or lower fees.
