Comprehensive Wealth Management Service
Our complete services are available to those who meet our minimum of approximately $750,000.00 or more in investment assets (not including Real Estate) under our management or our annual minimum fee. The typical profile of our clients are those who prefer to spend their quality time doing the things they enjoy. They delegate all of the wealth management process to the experts, while still having the ability to maintain close tabs on their world through multiple tools provided to them and greater access to a Certified Financial Planner™ practitioner who knows their family well.
*Example of fees below are based on a $750,000.00 account. Our fee is comprised of two parts, asset management and ongoing financial planning. In this example the annual fee would be 1.00%, billed quarterly. For a complete listing of fee schedules, click here:
.50%* Asset Management
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As a Fee Only fiduciary and independent Registered Investment Advisory firm, Larsen Wealth Management offers a significant number of options to align with your beliefs and preferences. All portfolios are constructed from scratch each time we begin a relationship with a new client. All portfolios feature low and ultra low cost core investment holdings. We manage portfolios on a discretionary basis based on your investment policy statement which we will create together. We also make available non-core alternatives to accredited investors.
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To help you create your investment policy statement and the best portfolio for your comfort level, we use software called Riskalyze. Based on Nobel prize winning studies in behavior economics, Riskalyze will help you find a truer comfort level based on real life "what if " situations. From there we are able to structure portfolios which align with your risk number, determine how efficient our choices are and lastly give you a potential range of returns over the next 6 months that offer 95% confidence.
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Although not affiliated with Charles Schwab & Co., they serve wonderfully as our most amazing custodian! As an advisor, it is not permitted to take custody of funds, Charles Schwab holds all client assets and features a bevy of no cost and low cost services which our clients have access to. |
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Most of our clients want access to non-retail options and more specialized money management and portfolio tax planning. Through our relationship with Envestnet, we have access to hundreds of additional money managers who specialize in multiple individual stock and bond strategies. Often the minimums for these managers are as high as $1,000,000.00 or more; however, through our relationship with Envestnet we can access these same strategies for as little as $50,000.00 per manager. Their fees are also negotiated lower to participate, producing another low cost option to manage your assets. Take a look at all of our customized solutions built specifically for the age 50 and over investor or retiree.
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All clients receive access to a Morningstar portal which illustrates their investments as well as on demand performance reporting. Morningstar also features a client vault where quarterly fee and performance statements are included. |
.50%* Initial and Ongoing Financial Planning
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Our plans are designed to be comprehensive and ongoing, covering all of the areas that are essential to thriving in the next step of your journey. As we specialize in the final accumulation years as well as the distribution phase of your journey, we cover each subject that will have an impact on maximizing your assets for the longest period while protecting your family for events out of your control.
Our Plans Include:
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As every initial plan is just the beginning, our clients receive software to help track our progress as well as make changes based as your needs change or as new laws and ideas require us to revisit existing strategies.
Its called the LWM Family Wealth Map System and it truly is a system to simplify, organize your life into readily available information on every part of your plan. Our system features an account aggregation tool that updates all of your financial accounts at thousands of financial institutions daily. It also includes an encrypted vault to store all of your important documents. Through your desktop or our mobile app, you will have your finger on the pulse of your financial affairs at all times from anywhere in the world. |
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Part of our robust planning software for those in the distribution phase of retirement is Tax Clarity™. As most retiree's draw from multiple sources of income including pensions, social security, IRA's and brokerage accounts, Tax Clarity allows us to know exactly the best combination to minimize taxes. Tax Clarity also presents a much clearer picture which helps us identify opportunities to take Long Term Capital Gains potentially at a zero or low tax bracket and potentially convert IRA assets to a Roth with minimal or no tax impact at all. |
Other Great Benefits Included in Our Advisory Package:
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Complete Trust & Estate Planning Documents
LWM subscribes* each year to a service that offers our clients complete will and trust packages at greatly reduced rates with ongoing changes available at just a nominal fee. Working with us we will facilitate an online process that will quickly and simply produce all required documents. Complete Trust package for only $450.00. All or a portion of the fee** may be picked up by Larsen Wealth Management.
* We pay for access on your behalf, but all fees for legal documents go directly to Helios. We do not receive any portion of the fee.
** At $1,000,000.00 under management, we pay 50% of the cost of your document package and 1 change per year. At $2,000,000.00 or more under management, we pay 100% of the cost of your document package and 1 change per year. |
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Lending Solutions
Collateralized Lending
Unsecured Loans
Residential Loans
Luxury Loans
Business Loans
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Higher Interest on Short-Term Cash
We also provide access to a program called Max My Interest which takes excess funds on your checking account and for a very small fee will rotate that money among banks paying the best yields on cash. Our involvement allows us to better track your outside cash position and advise other short term cash options that may be available.
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Client Discount Program
The world's largest benefits portal offering the widest variety of discounts on thousands of products.
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