Fees

At Lamplighters we prefer to only work with clients on a fee-based model. Under this fee-based model we assume the role of an investment fiduciary in our relationship. We also offer commission-based services if they are more suitable for you.

Benefits of Fee-Based Services

Encourages account growth and intelligent management, not account activity
The advisor has a greater stake in the success of the account
No incentives for frequent/active trading

The advisor does not benefit from marketing products

We believe the client’s interests are more closely aligned with ours in the advisory-based model

Advisor and broker-dealer serve you as investment fiduciaries

Disadvantages of Fee-based Services

Some investment products may not be available in advisory accounts

For buy-and-hold investing it may be more costly and therefore unsuitable

Investing in mutual funds and ETFs involves risk, including possible loss of principal. Investments in specialized industry sectors have additional risks, which are outlined in the prospectus. Nominal transaction costs may occur.