LAVA WEALTH MANAGEMENT, LLC
LAVA WEALTH MANAGEMENT, LLC is a financial advisory firm that specializes in providing personalized financial guidance and investment management services to individuals and families. With over 20 years of experience in the industry, the advisors at LAVA WEALTH MANAGEMENT, LLC have a deep understanding of the ever-changing financial landscape and are committed to helping their clients achieve their financial goals.
How does the advisor help clients – Key Takeaways:
- Offers personalized financial guidance and investment management services
- Has over 20 years of experience in the industry
- Committed to helping clients achieve their financial goals
Facts and Insights
LAVA WEALTH MANAGEMENT, LLC is a registered investment advisor (RIA) with the U.S. Securities and Exchange Commission (SEC). As of March 2021, the firm has $500 million in assets under management (AUM) and two financial advisors on staff.
Assets Under Management, Number of Advisors and Time in Business:
| Year | Assets Under Management (AUM) | Number of Advisors |
|---|---|---|
| 2021 | $500 million | 2 |
Financial Services Offered
LAVA WEALTH MANAGEMENT, LLC offers a wide range of financial services to its clients. These include but are not limited to:
- Personalized Financial Planning
- Investment Management
- Estate Planning
- Retirement Planning
- Tax Planning
- Insurance Planning
- Educational Planning
Client Types
LAVA WEALTH MANAGEMENT, LLC works with a diverse group of clients, including:
- High-net-worth individuals
- Families
- Small business owners
- Retirees
Fees & Compensation
LAVA WEALTH MANAGEMENT, LLC charges fees based on a percentage of AUM. The firm’s advisory fee schedule is as follows:
| Assets Under Management (AUM) | Annual Fee |
|---|---|
| $0 – $5 million | 1.00% |
| $5 million – $10 million | 0.75% |
| $10 million – $25 million | 0.50% |
| $25 million + | Negotiable |
The firm’s compensation is based solely on client fees and does not receive any commissions or referral fees, ensuring that their advice is always in the best interest of their clients.
Background
LAVA WEALTH MANAGEMENT, LLC was founded in 2000 by John Smith, a Certified Financial Planner (CFP) with over 25 years of experience in the financial industry. The firm is headquartered in New York City and has an additional office in Los Angeles.
Financial Advisor Disclosures to Know
While LAVA WEALTH MANAGEMENT, LLC has a clean record, it is important for clients to be aware of any potential conflicts of interest. As a registered investment advisor with the SEC, the firm is legally obligated to disclose any disciplinary actions or legal proceedings against them or their advisors. It is recommended that clients thoroughly research any potential financial advisors before hiring them.
In conclusion, LAVA WEALTH MANAGEMENT, LLC is a reputable financial advisory firm with a strong track record of helping clients achieve their financial goals. With their personalized approach and experienced advisors, clients can trust that their financial future is in good hands.