Douglas C. Lane & Associates (DCLA) offers wealth management services to high-net-worth individuals, families, trusts, endowments, corporations, pension and retirement accounts, foundations, and institutions. DCLA provides customized investment portfolio management, primarily investing in equity securities and, to a lesser extent, bonds. They also offer financial planning services, including retirement, education savings, charitable giving, tax, and estate planning, without charging a separate fee. DCLA has a business arrangement with SCS Capital Management LLC, allowing clients to invest in SCS's private investment vehicles.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $15.0M | 0.75% |
| $15.0M - $30.0M | 0.60% |
| $30.0M - $50.0M | 0.50% |
| $50M+ | 0.30% |
Certain employees, friends and family associated with DCLA do not pay fees, or receive discounted fees. In some cases, fees are negotiable.