Tailored Tax and Wealth offers comprehensive portfolio management and financial planning services for individuals, trusts, and businesses. Using the Betterment Advisor Solutions platform, Tailored Tax and Wealth builds tailored investment strategies aligned with each client's goals, time horizon, and risk tolerance, often incorporating complimentary financial planning, tax planning, and tax preparation services. The firm's financial planning capabilities cover business planning, cash flow and debt management, college savings, employee benefits optimization, estate planning, insurance review, retirement planning, and tax strategies. Tailored Tax and Wealth is led by Terry Lambert and operates as a fiduciary, meaning the firm is legally required to act in your best interest.
Fee Structure
Tailored Tax and Wealth charges a monthly fixed fee for portfolio management services ranging from $200 to $4,000 per month (which equals $2,400 to $48,000 per year).
Keep in mind that while Tailored Tax and Wealth does not charge a percentage of your portfolio directly, the digital platform used to manage your investments (Betterment) charges a separate wrap fee ranging from 0.12% to 0.20% of your account balance per year, or a flat fee depending on the setup. Tailored Tax and Wealth ensures that your total combined fees—including both Tailored Tax and Wealth's advisory fee and Betterment's platform fee—will not exceed 2% of your portfolio's value per year.