Lakshmi Wealth Management creates customized investment portfolios tailored to each client's age, asset size, goals, and risk tolerance. Led by Dr. Himanshu Patel, the firm utilizes a wide range of financial instruments including individual stocks, bonds, mutual funds, exchange-traded funds, options, certificates of deposit, and annuities. In addition to managing investments, Lakshmi Wealth Management provides guidance on a variety of personal financial matters such as retirement planning, insurance needs, tax strategies, and estate planning at no extra charge to portfolio management clients. The firm operates with discretionary authority to make investment decisions on behalf of clients and emphasizes active management and risk control.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.00% |
| $2.0M - $3.0M | 0.75% |
| $3M+ | 0.50% |
Fees are negotiable based on the nature and breadth of the relationship.