Jerry A. Lyke and Associates, Inc. operating as Lyke Financial is an investment advisory firm founded in 1988 and registered as an advisor since 2010. The firm offers discretionary investment management services by evaluating individual goals, time horizons, and risk tolerance to build customized portfolios. Jerry A. Lyke and Associates, Inc. operating as Lyke Financial primarily utilizes Modern Portfolio Theory and an asset allocation strategy using diversified risk-based portfolios, often featuring mutual funds from Dimensional Fund Advisors, along with variable annuities and life insurance contracts when appropriate. In addition to personal wealth management, Jerry A. Lyke and Associates, Inc. operating as Lyke Financial offers retirement plan services for qualified plans and co-advises with third-party money managers. The firm's professionals also maintain outside activities as registered representatives of a broker-dealer and licensed insurance agents, providing clients with access to commission-based products where appropriate.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $1.0M | 1.00% |
| $1.0M - $4.0M | 0.75% |
| $4M+ | 0.50% |
Fees are billed quarterly in arrears. Fees may be negotiated under unusual circumstances.