Loftus Wealth Strategies offers ongoing portfolio management and financial planning services tailored to each client's specific goals, time horizon, and risk tolerance. The firm creates personalized investment policy statements and constructs portfolios primarily using mutual funds, individual stocks, and exchange-traded funds. Loftus Wealth Strategies operates on a fee-only basis, meaning compensation comes solely from client fees rather than commissions or third-party product sales. Clients grant the firm authority to make trades on their behalf without prior consultation for each transaction. In addition to investment management, the firm provides financial planning covering retirement, taxes, estate matters, insurance, and debt management. Charles Schwab serves as the primary custodian for client accounts.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $150K | 1.25% |
| $150K - $250K | 1.25% |
| $250K - $500K | 1.20% |
| $500K - $1.0M | 1.15% |
| $1.0M - $2.0M | 1.05% |
| $2M+ | 0.95% |
Fees are generally negotiable. The minimum account size is $350,000, which may be waived at the firm's discretion.