Footlamp Financial provides investment supervisory services, creating investment plans based on your goals and risk tolerance. They primarily use third-party registered investment advisors for portfolio management and other services. Footlamp also offers financial planning services, including retirement, college, and estate planning, for a fixed fee. They focus on mutual funds, ETFs, equities, and bonds.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $5.0M | 0.65% |
| $5M+ | 0.50% |
Footlamp Financial no longer bills new clients on assets under management (AUM) and instead charges a flat fee. At the sole discretion of the advisor, Footlamp Financial may engage with a new client where it's in the best interest of the client to pay the AUM fee instead of the minimum flat fee. Some legacy clients are on a fee schedule that was previously in effect. The total fees charged to the client will not exceed 2% of the assets under management, annually.