We offer several levels of service so that you can choose the best fit for your needs. The first place to start is to see how you are invested right now. How much risk is your portfolio structured to generate? Use our technology to compare your desired level of risk to the actual risk on your investment holdings.
Step 1 Historical Data collection, analysis and import. We collect your previous tax returns and documentation. Analyze the unique characteristics of your situation-Income, expenses, deductions and additional schedules (itemizations, depreciation, AMT, business related).
Step 2 Tax Minimization.With a deep understanding of your tax history we identify techniques to reduce your current tax liability.
We implement these techniques on the investment accounts that we manage for you and across your financial household. We use our planning technology to model and visualize the impact of these minimization strategies in our planning reviews so that you can see the benefits of the technique before we implement it and as we progress through implementation.
Step 3 Annual Tax Preparation. Our tax professionals collect the data required to prepare and file your personal tax return. After filing we update your financial plan with new insights from the current year filing and implement additional tax minimization strategies that we identify. In the final step, we also update your planning projections to maintain an up to date view of your tax situation and the impact of this liability on your goals.
LeConte Advisory Fee Schedule.
Our advisory fee includes custody services, fiduciary asset management, tax preparation, client concierge service, real time portfolio analytics, account aggregation and mobile access. It is the only investment compensation we receive from our clients.
|Total Household Asset Size||Total Yearly Advisory Fee||Blended Fee|
|$501,000-$1,000,000||1.25% (,25% fee break)||1.375%|
|$1,000,001-$2,000,000||1.10% (.25% fee discount)||1.2375%|
|$2,000,001-$5,000,000||1.00% (.15% fee discount)||1.095%|
|$5,000,001 and greater||.90% (.10% fee discount)|
LeConte bills on the household level, which means that if you have several accounts they can be aggregated. For example, if you have a $200,000 Joint account, a $450,000 IRA and a $50,000 Rollover IRA, you will be billed on $700,000, saving you 0.25% per year in fees!
Premium Planning Fee Examples.
When you accumulate more than $134,000 in managed assets at LeConte, you satisfy the $2,000 minimum annual fee for this level of service.
If you have less than $134,000 in managed assets here is an example of how the minimum fee is calculated.
- If you started with managed assets of $65,000.
- Annual asset management fee: $975.00 (@ 1.5%)
- Fee Shortfall: $2,000 - $975 = $1,025
- As your managed accounts grow through market performance and/or additions to your investments, the shortfall shrinks.
Value Planning Fee Examples.
When you accumulate more than $67,000 in managed assets at LeConte, you satisfy the $1,000 minimum annual fee for this level of service.
If you have less than $67,000 in managed assets with LeConte, here is an example of how the minimum fee is calculated.
- If you started with managed assets of $25,000
- Annual asset management fee: counts $375.00 (@ 1.5%)
- Fee Shortfall: $1,000 - $375 = $625
- As your managed accounts grow through market performance and/or additions to your investments, the shortfall shrinks and you can eventually upgrade to the Premium Planning Service at little or no additional cost.
Our menu of services
(in retirement or have accumulated $1,000,000 or more)
(near retirement, already accumulated significant assets)
(Have begun reducing debt and started to build investments)
|Get started online with a no-obligation first look||Let's Get Started||Let's Get Started||Let's Get Started|
|Semi-Annual Tax Planning Meeting|
|Annual Tax Planning Meeting|
|Quarterly Consultations and Review|
|Semi-Annual Consultation and Review|
|Total Portfolio Access|
|Expanded Portfolio Options|
|Basic Portfolio Options|
|Program Cost||Asset Management Fee Only. (click to review our tiered advisory fee schedule)||Asset Management Fee, subject to a $2,000 annual minimum. (click for examples)**||Asset Management Fee, subject to a $1,000 annual minimum. (click for examples)**|