LCR Wealth Management provides investment advisory and portfolio management services on a discretionary basis for individuals, families, trusts, institutions, and retirement plans. LCR Wealth Management focuses on defining investment objectives, managing asset allocation across equities and fixed income, and tailoring portfolios to meet long-term goals while preserving capital. The firm also manages a venture capital fund and provides consulting services to employee benefit plans. Client portfolios are overseen by principal and president Thomas Garvey, with investments held at Charles Schwab. LCR Wealth Management emphasizes a hands-on, high-quality service model with a limited number of sizable accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.0M | 1.50% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.85% |
| $10.0M - $20.0M | 0.75% |
| $20M+ | 0.75% |
Model portfolio program has a fixed annual fee of 1.00%. Accounts invested solely in certain private investments are charged a reduced fee of 0.60%. Fees are negotiable.