Richard Lakin is a registered investment advisor at Iron Financial LLC, based in Northbrook, IL, with 24 years of industry experience. Richard operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Investment Management, Retirement Planning, and 1 more. Their firm serves 249 clients with $470M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
IRON Financial charges a percentage of your portfolio each year. The maximum annual fee is:
- Fixed Income Portfolios: 0.35%
- IRON Incertus Portfolios: 0.59%
- IRON High-Quality Equity Portfolios: 0.59%
- IRON Core Plus Portfolios: 0.50%
- IRON Equity Income Portfolios: 0.59%
- Personalized Indexing Accounts: 0.65% (plus fees charged by Vanguard Personalized Indexing)
- Fully Customized Portfolios: 1.00%
There is a minimum quarterly fee of $50 for all portfolios. Initial minimums vary by portfolio type.
Location
630 Dundee Road, Suite 300, Northbrook, IL, 60062
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Current Registrations
Iron Financial LLC
State Registrations1 state
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