Lucre Advisory is a registered investment advisor based in New York, founded in March 2023 and led by Tipiwa Walker. Lucre Advisory offers two primary services: investment management and financial planning. For investment management, Lucre Advisory builds personalized portfolios based on client goals, risk tolerance, and tax considerations, utilizing an independent third-party manager called GeoWealth to handle certain asset management tasks. Lucre Advisory also provides comprehensive financial planning, which can cover cash flow and debt management, college savings, employee benefits, estate planning, insurance, retirement planning, risk management, and tax strategies. Financial planning is available either as an ongoing engagement or as a one-time project. Lucre Advisory operates on a fee-only basis, meaning compensation comes solely from client fees without commissions or product sales.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.70% |
| $3M+ | 0.50% |
Held-away and outside managed assets are included in total account value calculations. Minimum annual fee of $4,800 for singles and $6,000 for couples applies.