Assets Under Management
$265.5M
Number of Clients
199
Number of Advisors
26
Average Client AUM
$1.3M
AUM per Advisor
$10.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
Lantern Wealth Advisors provides discretionary and non-discretionary investment advisory services through its Lantern Advisor Select Plan (Private Portfolio, Mutual Funds, Closed End Funds, & ETFs) and Lantern Select Plan (third-party program). Fees are based on assets under management and are negotiable. The firm also has affiliations with a broker-dealer and insurance agencies.
| Assets Under Management | Annual Fee |
|---|---|
| Up to $100K | 2.75% |
| $100K - $500K | 2.50% |
| $500K - $1000K | 2.25% |
| $1M+ | 2.00% |
Asset-based fees are negotiable and are at the discretion of LWA.
35 Pinelawn Road, Suite 101E, Melville, NY, 11747