Kelman-Lazarov (K-L) provides customized financial planning and investment advisory services. K-L offers managed account solutions where financial advisors work with clients to determine suitable asset allocations based on their financial situation, investment objectives, and risk tolerance. K-L manages investments on a discretionary basis, using model portfolios. K-L also offers retirement plan services and consulting services. Clients can purchase securities or insurance products through K-L's financial advisors, who are also registered representatives of a broker-dealer and insurance agents.
Fee Structure
Kelman-Lazarov (K-L) offers several investment management programs where they manage your investments for a fee. The maximum fee is 1.15% per year, charged quarterly in advance. This fee is negotiable. The programs may use mutual funds and exchange-traded funds (ETFs), some of which may have higher internal expenses. K-L may use no-transaction-fee (NTF) funds, but these may have higher expense ratios. Clients also pay transaction-related costs.