Our costs are no secret—you should know exactly what you are paying.
What you pay is a direct reflection of our value, dedication, and service to you. You can expect a team approach, including a DWM representative when you call in—not a recording—and a dedicated advisor available to address your financial questions and concerns promptly.
$0 to $100,000: 1.50% (T)
$100,000 to $250,000: 1.30% (T)
$250,000 to $500,000: 1.20% (T)
$500,000 to $1,000,000: 1.10% (T)
$1,000,000 to $2,000,000: 1.00%
$2,000,000 to $10,000,000: 0.95% ≥ 0.65%
$10,000,000+: ≤ 0.65%
Comprehensive Financial Planning: Fixed fee engagement fees range up to $10,000
(T) TIERED COSTS | We calculate costs based on a tiered schedule for accounts totaling less than $1,000,000 in invested assets. With a tiered-cost schedule, as your account value increases, the rate decreases. Here is an example:
If you open an account with $150,000, the first $100,000 would be charged 1.50% ($1,500), and the remaining $50,000 would be charged at 1.30% ($650). Thus, your total first-year account cost would be $2,150 or 1.43%.
Accounts totaling more than $1,000,000 are charged a flat rate.
ADDITIONAL FEES
In working with LPL Financial, we have access to a variety of investment and educational resources that benefit both our firm and our clients. Unfortunately, that comes via miscellaneous costs. For many of our retirement accounts with less than $250,000, you may expect a $40 per year additional charge.
Through our proprietary investment process, we meticulously analyze trading costs when building your portfolio. However, many of our clients may expect various additional trading costs when we buy or sell mutual funds and exchange-traded funds (ETFs). These costs can range from $0 - $26.50 per transaction.
