When you partner with Lighthouse Wealth Management for your financial planning needs we take our fiduciary duty very seriously. Your best interests are central to any and all recommendations that we provide and since everyone’s situation is unique, we offer two compensation models to choose from:

Trailer Fee Based Compensation – Wealth Management Clients

Once a suitable plan has been developed and agreed upon; you allow our team of experts to help you implement the plan; set up and manage the required accounts with the various product providers (investment management firms). We will help you select the best possible products from the industry’s top providers and when they are set up, the companies that you transact business with pay an ongoing trailer fee to our firm. An additional benefit of this arrangement is that, as the agent of record on your accounts, we are economically able to keep tabs on progress and ensure you stay on track to achieve your goals and benefit from industry-leading planning without the additional cost generally associated with it.

Fee for Service – Planning Only Clients

If you are in a situation where you have a long standing and committed relationship to an existing professional, be it an insurance agent, an investment broker, a banker or otherwise, but they are not equipped to do the planning that you need for your circumstances, we will work on a fee for service basis. In this model, we don’t do the implementation of the planning, or provide for the ongoing management of the accounts. We are simply contracted to develop the needed plans and provide them for implementation. In this model, your situation will be reviewed and you will be provided with an estimate of the fees that would be incurred. Under this model, it is no different than any other professional that you would do business with, be it a lawyer, an accountant, or even a dentist.