This means we receive no commissions or performance based fees. We charge a percentage of assets under management. Our revenue is totally dependent on our client’s investment success and the long term relationships we build with our clients. This helps reassure our clients that everything we do is in their best interest.
Independent Investment Advisor
Lighthouse Wealth Management is an Independent Investment Advisor. This means we are not tied to any fund company, broker-dealer, or anyone that forces us to sell their funds or products. We can choose from the entire mutual fund universe for the best funds for our clients’ portfolios.
As a Registered Investment Advisor we are required to act as a fiduciary for our clients. That means we must always act in our clients' best interest, putting their interests ahead of our own. And we must disclose any conflicts of interest. This is an important distinction, because broker-dealers are held to a lower standard of suitability. That means they can sell you something because it benefits them as long as it is considered "suitable" for you, without being obligated to tell you there might be something that is better for you.
Tim Rowsey is a Certified Public Accountant. Not only does he help our clients with tax planning strategies, but he can also prepare their personal tax returns. This way our clients can be sure they are getting the maximum tax savings allowable.
Holistic Wealth Management Services
This means that we look at our clients’ TOTAL financial lives, including investments, taxes, insurance, estate planning, budgeting, and more, and offer guidance and support to our clients in all of these areas. This is an important differentiator. Clients who use multiple providers for these services may not get the best results. We can also act as an intermediary between our clients and their attorneys, when needed.
We take a conservative approach to preserving and growing our clients’ wealth. Our patient advisor listens to our clients and clearly explains every aspect of managing their wealth, so they can feel confident about the decisions they make.
No-load Mutual Funds
Our primary investment platform is no-load mutual funds. Mutual funds diversify away the majority of risk associated with owning individual stocks. And because we are independent, we can choose from the entire mutual fund universe. We can choose funds in each asset class, with managers that offer different approaches, management styles, and investment themes to find the best fit for our clients' needs and risk tolerances.
We recommend Charles Schwab to custody our clients’ assets. Schwab offers excellent client service and resources, as well as a wide array of investment products to meet our individual clients’ needs.