Lifestyle Asset Management provides personalized portfolio management, pension consulting, and financial planning services. Operating as a registered investment advisor based in Texas, Lifestyle Asset Management builds customized investment portfolios using individual stocks, exchange-traded funds, mutual funds, fixed income, and alternative investments. The firm tailors its services to each client's specific financial situation, risk tolerance, and goals, offering both discretionary (where the firm makes trades without asking first) and non-discretionary management. In addition to managing investments for individuals, the firm provides retirement plan consulting for employers and financial planning covering retirement, cash flow, education funding, estate planning coordination, and tax planning coordination. Lifestyle Asset Management typically recommends Charles Schwab as a custodian and broker for client accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.75% |
| $250K - $500K | 1.55% |
| $500K - $750K | 1.45% |
| $750K - $1.0M | 1.35% |
| $1.0M - $2.0M | 1.25% |
| $2.0M - $3.0M | 1.05% |
| $3.0M - $4.0M | 0.95% |
| $4.0M - $5.0M | 0.85% |
| $5M+ | 0.75% |
Fees are linear, meaning the applicable rate applies to the entire household balance. Fees are negotiable depending on individual circumstances.