Lifewater Wealth Management provides financial planning and investment management services. They create customized financial plans based on a client's financial profile, goals, risk tolerance, and tax status. They offer portfolio management services, including separately managed portfolios. They also offer bookkeeping and accounting services, and tax preparation services to clients with at least $1,000,000 in assets under management.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $2.5M | 1.00% |
| $2.5M - $5.0M | 0.80% |
| $5M+ | 0.70% |
For passive investment strategies used through outside managers, the outside manager’s fee is included in Lifewater’s fee. For actively managed strategies used through outside managers, the outside manager’s fee is in addition to Lifewater’s fee, but the total annual fee to Lifewater and the outside manager will not exceed 2% of assets under management.