Andrews, Lucia Wealth Management (ALWM) manages investment portfolios for individuals, retirement plans, trusts, and small businesses. ALWM works with clients to create an Investment Policy Statement and custom portfolio, primarily using Exchange Traded Funds (ETFs) and no-load mutual funds, especially those from Dimensional Fund Advisors (DFA). ALWM also offers advice on other financial areas like tax planning, college planning, and retirement planning. ALWM may retain a third-party money manager to directly trade the investments held in a client’s account.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.60% |
| $10.0M - $15.0M | 0.50% |
| $15M+ | 0.40% |
Fees may be negotiable in certain circumstances. All accounts for members of the client's family (husband, wife and dependent children) or related businesses may be assessed fees based on the total balance of all accounts.