LifePoint Planning manages individually tailored investment portfolios and provides comprehensive financial planning. The firm builds customized investment plans based on each client's specific needs, risk tolerance, and tax situation, utilizing passive, active, and tactical strategies including third-party managers and platforms like Charles Schwab, Betterment, and Altruist. Financial planning is typically bundled with investment management and covers a broad range of areas, including business planning, cash flow and debt management, college savings, employee benefits optimization, estate planning, financial goal setting, insurance review, retirement planning, risk management, and tax planning strategies. LifePoint Planning primarily serves individuals, high net-worth individuals, and corporations or other businesses.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.50% |
| $1M+ | 1.00% |
Firm also offers flat-fee arrangements ranging from $900 to $5,000 per month which include investment management. Third-party platform managers like Betterment charge an additional 0.20%.