Lifeguard Advisors LLC offers investment management services focusing primarily on variable annuities and variable life products, utilizing the authority to make trades without asking first. In addition to managing these insurance-related products directly, Lifeguard Advisors recommends and coordinates with third-party managers to oversee client portfolios across various investment strategies. Lifeguard Advisors helps clients complete necessary paperwork, monitors third-party manager performance, and acts as a liaison. The firm is owned and operated by Stephen Christopher, who also works as a licensed insurance agent, presenting a potential conflict of interest regarding commission-based product sales. Lifeguard Advisors emphasizes a commitment to acting in the best interest of clients.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
Fees vary by investment program. Variable annuity management is up to 1.00%. Third-party manager programs range from 1.00% to 2.00% total annual fees, which are split between the third-party manager and Lifeguard Advisors. A $15 quarterly technology fee also applies per account.