Newgrange Asset Management is a registered investment advisor based in Strongsville, Ohio, offering personalized investment management and financial planning services. Founded in 2013 and led by Paul J. Lehman, Newgrange builds custom portfolios using stocks, bonds, mutual funds, exchange-traded funds, real estate funds, and options, tailored to each client's specific goals, time horizon, and risk tolerance. Newgrange operates as a fiduciary, meaning the firm is legally required to act in your best interest. The firm creates an individual investment policy statement for every client and evaluates portfolios monthly. Newgrange works primarily with individuals and high-net-worth individuals, requiring a minimum investment of $500,000, though this minimum can be waived at the firm's discretion.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 0.60% |
| $500K - $1.0M | 0.60% |
| $1.0M - $3.0M | 0.45% |
| $3.0M - $10.0M | 0.35% |
| $10M+ | 0.35% |
Fees for amounts above $10,000,000 are negotiable.