OpenAir Financial manages investment portfolios and offers personalized financial planning for individuals, high net worth individuals, trusts, estates, charities, and corporations. OpenAir Financial builds customized investment strategies based on each client's individual goals, time horizon, and risk tolerance, often utilizing third-party asset management platforms and money managers. For financial planning, OpenAir Financial covers comprehensive topics including wills, estate plans, trusts, investments, taxes, retirement income, Social Security, and college planning. The firm is owned by Stewart Fields, Christopher Massenburg, and Jonathan Lawton, who also operate an affiliated insurance agency where they may sell insurance products for separate commissions.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $5.0M | 0.80% |
| $5M+ | 0.80% |
Fees for amounts over $5,000,000 are negotiable. Fees are billed quarterly in advance.