Lock Wealth Management

Service

Fee-only investment management

We manage money the boring way: a simple, diversified, tax-aware portfolio you could explain to anyone, priced so that cost does not eat the returns it exists to produce. Investment management is optional at Lock Wealth — some households hire us for planning alone, and add this when it is the right move for them.

In short

Fee-only investment management at Lock Wealth Management means a diversified, low-cost, tax-aware portfolio billed as an asset-based fee on the accounts we manage, with no commissions and no product payouts. It is optional — many households work with us on planning alone — and it starts with a portfolio review rather than an account transfer.

What this actually involves

A portfolio you can explain

If you cannot tell someone what you own and why, you will second-guess it at the worst possible moment. We keep it simple enough to defend out loud.

Costs you can see

Fund expenses, custody, and our fee, added up and shown to you in dollars per year — not buried in a percentage that sounds small.

Tax awareness where it actually counts

Which assets live in which accounts, harvesting losses when it helps, and being deliberate about which account funds your spending.

Rebalancing by rule, not by mood

A written policy that says what the portfolio is for and how it gets adjusted, so nobody is improvising in October.

Tied back to the plan

The portfolio has one job: support a specific spending level over a specific horizon. When those change, the portfolio changes with them.

Held by a qualified custodian

We never take possession of your money. Statements come to you directly from the custodian, so you can verify everything independently.

Who this is for

  • You have a portfolio you no longer have the time or interest to manage.
  • You are inheriting accounts or cash and do not want to make the first decision alone.
  • You just retired or sold a business and have a lump sum with a decision attached.
  • You suspect your current costs are higher than they should be and want that checked.
  • Your holdings are a pile of funds from three different employers.

Who this is not for

  • You want to pick individual stocks and have us place the trades.
  • You want someone to promise they will beat the market. We will not.
  • You want a guaranteed return, which does not exist in any form.
  • You are unwilling to adjust spending when the plan says you should.

Hypothetical illustration

A widow in her seventies inherited a portfolio of eleven funds, several with overlapping holdings and fees she had never seen. Nothing had been done to her deliberately; it had simply accumulated. The fix was unglamorous — a handful of positions, a written policy, and a spending plan that made the portfolio's job obvious. Her real relief was being able to describe what she owned in one sentence.

Illustration only. It does not represent an actual client situation and is not a guarantee of results.

How our fees work

We're paid only by our clients: a flat monthly planning fee, plus an optional asset-based fee for the accounts we manage. No commissions, no product payouts, no revenue sharing.

Foundations

$250/month

Get organized, build a plan, and keep an advisor in your corner.

Comprehensive

$400/month

Broader planning across taxes, estate, and long-term goals.

Business owner

$800/month

Integrated advice across personal and business finances.

Investment management is optional and billed separately as a percentage of the accounts we manage; we walk through it during your proposal meeting. See the full process and fee details.

Questions about fee-only investment management

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Get a second look at what you own

A free 15-minute call with Ben Loughery, CFP®, CRPC™. We will tell you whether your current setup needs a change or just needs to be left alone.

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No cost, no obligation, and nothing to sell you at the end of it.