Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management of Pooled Investment Vehicles
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Pooled Investment Vehicles
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
- Performance-based Fees
Left Brain Wealth Management, LLC Overview
Left Brain Wealth Management, LLC is a fee-based registered investment advisory firm headquartered in Naperville, IL. The firm was established in 2018 and is dedicated to helping individuals and small businesses achieve their financial goals through expert financial planning and portfolio management services. As a registered broker-dealer representative, Left Brain also offers additional financial products to its clients. The firm specializes in providing investment advice to its clients based on a careful analysis of their unique financial situations and investment goals. It offers a range of services, including financial planning, portfolio management for individuals and small businesses, and portfolio management of pooled investment vehicles. Clients can expect personalized attention from the firm's experienced advisors, who are committed to helping them achieve their financial objectives. Left Brain Wealth Management, LLC operates with a client-centered approach, always putting the needs of its clients first. Its fee-based fee arrangement ensures that clients receive unbiased advice and recommendations that are in their best interests. With a focus on building long-term relationships with its clients, the firm strives to provide the highest quality investment advice and financial services to help them achieve financial success.
LEFT BRAIN WEALTH MANAGEMENT, LLC is known for serving a diverse range of clients with varying financial objectives and resources. The firm caters to individuals seeking comprehensive financial planning and investment management services. They also assist high net worth individuals with high-value asset consolidation and estate planning. Pooled investment vehicles such as hedge funds, mutual funds, and other joint investment opportunities are also welcomed clients at LEFT BRAIN WEALTH MANAGEMENT, LLC. LEFT BRAIN WEALTH MANAGEMENT, LLC offers multiple fee structures depending on the required service to meet their clients' unique financial needs. Clients can choose to pay a percentage of Assets under Management (AUM) fee. Alternatively, clients may opt for hourly charges, which involve a predetermined rate based on the length of time the advisor spends on the case. Fixed fee pricing is also offered for specific services such as estate planning, tax preparation, and portfolio reviews. For those seeking to maximize performance, the performance-based fee model is available, which charges a percentage of returns earned on invested assets. LEFT BRAIN WEALTH MANAGEMENT, LLC ensures transparency in its fee structures, thus providing clients with a range of options so that they can pick the best model based on their specific financial goals and needs.
Typical Clients, Fee Structures & Investment Minimum
Unfortunately, the Part 2 Brochure for LEFT BRAIN WEALTH MANAGEMENT, LLC does not mention anything about an investment minimum. Therefore, it is unclear how much a potential investor would need to invest with this firm. It may be necessary to contact LEFT BRAIN WEALTH MANAGEMENT directly to inquire about their investment minimums.
How This Office Can Help Warrenville, IL Residents
Left Brain Wealth Management, LLC provides comprehensive financial planning and investment management services to assist clients in Warrenville, IL. The firm's experienced team of financial advisors helps individuals and families navigate a wide range of financial situations, including retirement planning, tax planning, estate planning, and investment management. Warrenville, IL residents face a variety of unique financial challenges, from saving for retirement to managing debt and planning for the future. Left Brain Wealth Management, LLC takes a holistic approach to financial planning, working closely with clients to understand their individual goals and create personalized plans that align with their needs and priorities. Whether clients need help with budgeting and saving, managing investments, or creating a retirement income plan, the firm's advisors are dedicated to providing expert guidance and customized solutions to help clients achieve their financial goals.
Services Offered by Left Brain Wealth Management, LLC
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Left Brain Wealth Management, LLC most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.
This Office Location
- Mon 8 AM–4 PM
- Tue 8 AM–4 PM
- Wed 8 AM–4 PM
- Thu 8 AM–4 PM
- Fri 8 AM–4 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Left Brain Wealth Management, LLC is registered to service clients in the following states:
- California
- Florida
- Illinois
- Michigan
- Nebraska
- Texas
Disciplinary History
Left Brain Wealth Management, LLC does not have any disclosures. Please visit it's Form ADV for more details.