Lyons Wealth Management (LWM) offers continuous investment advice and manages investments for clients based on their individual needs. LWM works with clients to assess their financial situation and create suitable strategies, often using options to enhance returns and manage risk. LWM manages portfolios for high-net-worth individuals, trusts, estates, and other entities. LWM also acts as a sub-advisor to other registered investment advisors and a mutual fund.
Fee Structure
Lyons Wealth Management charges an annual investment management fee based on a percentage of the value of your portfolio. The fee varies depending on the investment strategy and where your account is held (Charles Schwab, Interactive Brokers, Morgan Stanley Smith Barney, or other networks). The fee is taken from your account each quarter. The fee is calculated on the total assets in your account minus any option balance and includes balances for securities holdings purchased on margin. Some accounts at Interactive Brokers may be billed in arrears. LWM may waive or negotiate lower fees for certain clients.