Lee Hyder and Associates Wealth Management is a registered investment advisor based in Akron, Ohio, that has been operating since 2015. The firm primarily acts as a co-advisor, helping clients select and coordinate with third-party asset managers, such as Matson Money and AssetMark, to handle their investment portfolios. In addition to third-party management oversight, Lee Hyder and Associates Wealth Management offers portfolio consulting services, which involve reviewing accounts like retirement plans and recommending target allocations. The firm also provides portfolio analysis, educational seminars, and workshops. Clients looking for insurance products can purchase them through the firm's representatives, who are licensed independent insurance agents and earn commissions.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.75% |
Rates vary by third-party platform. Matson Money charges a maximum annual fee of 1.05%, and AssetMark charges a maximum annual fee of 1.75%. Fees are negotiable depending on assets and model portfolios.