Lock Wealth Management offers investment management and financial planning services to individuals, high net-worth individuals, and businesses. The firm provides ongoing and project-based financial planning, as well as hourly consulting. Lock Wealth Management may recommend third-party investment advisors and is a fee-only firm, meaning it only receives compensation from clients for its services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3M+ | 0.50% |
If LWM utilizes an Outside Manager, the Outside Manager’s fee will not exceed 0.35% in addition to the fee schedule noted above. The combined fee charged to the Client will not exceed 2% of assets under management. For Clients with $500,000 or more in assets under management, ongoing financial planning services will be included at no additional charge.
