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Frequently Asked Questions

What kind of clients do you serve?

Our clients are individuals and families who, like us, value and enjoy a collaborative long-term advisory relationship. 

Can you manage my entire my entire financial picture? I have accounts at various companies.

We work with resources that allow us to partner with many different financial companies. This gives us the ability to manage various accounts and report them in one report that you can easily see. 

Do you work with clients everywhere?

We have clients who live quite a distance from us--even overseas. We leverage technology to make working together simple and effective. 

How is Lucent Wealth Planning different from other advisers?

Idealism, pursuit of technical knowledge (geekiness) and freedom.  We believe that to serve clients, we must be free to pursue the best ideas and solutions available anywhere and apply them with devotion to our clients' best interest.  Lucent Wealth was created to foster that environment.     

What are your fees and account minimum?

As a fee-only adviser, the only compensation received is paid directly from our clients. We never receive commission or referral fees.  

The annual fee for investment management services will be charged as a percentage of assets under management, according to the fee schedule below:

Principal Amount Annual Fee (%)  
On the first $1,000,0001.00%
On the next $1,000,0000.70%
On the next $1,000,0000.50%
On the next $1,000,0000.40%
On all amounts thereafter0.35%

LWP generally requires a minimum account size of $2,000,000 for Investment Management Services. A minimum annual fee of $17,000 is generally required. 

For California Residents: Subsection (j) of Rule 260.238, California Code of Regulations requires that all investment advisers disclose to their advisory clients that lower fees for comparable services may be available from other sources.

Our fee schedule is fully explained on our regulatory brochure.