John Albert is a registered investment advisor at Lantern Wealth Advisors, LLC, based in Melville, NY, with 35 years of industry experience. John operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Investment Management, Retirement Planning, Tax Planning. Their firm serves 199 clients with $270M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $50K | 2.50% |
| $50K - $100K | 2.25% |
| $100K - $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1000K | 1.65% |
| $1M+ | 1.50% |
These fees are for Equities and Balanced Accounts. Fixed Income Portfolios have a different fee schedule: $250,000 to $499,999: 0.95%, $500,000 to $999,999: 0.85%, $1,000,000+: 0.75%. Fees and account minimums may be negotiable.
Fee Estimator
Location
35 Pinelawn Road, Suite 101E, Melville, NY, 11747
Get directionsHistory
Regulatory History (1)
Customer Dispute
March 2002Other Business Activities
John is a trustee for The Sujoy Banerjee Trust, spending a few hours per week preparing tax documents and paying bills. He also owns and manages multiple rental real estate properties, dedicating a few hours per week to each property.
Employment History
Current Registrations
Lantern Wealth Advisors, LLC
Herold & Lantern Investments, INC.
Herold & Lantern Investments, INC.Broker
Previous Registrations
Securities Research, INC
Securities Research, INC. of FloridaBroker
Investors Services IncorporatedBroker
Brokers Exchange, INC.Broker
State Registrations22 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.