Do we offer hourly or one-time project fee options?
We do our best work with people looking for a long-term relationship. Currently, our firm is not equipped to offer a one-time project fee option. If you need help locating a financial planner who offers these fee options, send us a note and we will do our best to get you in the right hands.
Does your firm have asset minimums?
To ensure we can provide the deep, ‘done-for-you’ level of service our clients expect, we typically work with families who have at least $500,000 in investable assets. We bundle our comprehensive financial planning and investment management into a single, transparent fee, allowing us to stay fully committed to the long-term success of every household we serve.
How are you different from other financial advisors or firms?
- Uncompromising Independence: We operate without the pressure of corporate sales quotas or proprietary products. This freedom allows us to provide truly objective advice, ensuring our recommendations are driven solely by your best interests.
- Focused on the “Why” Behind the Wealth: We don’t lead with products; we lead with purpose. Our goals-based planning process starts by uncovering your “why”—the specific life outcomes you want to achieve. By focusing on your personal benchmarks rather than arbitrary market indexes, we ensure your capital is always aligned with your values.
- A Boutique, High-Touch Alternative: The average advisor often manages many hundreds of relationships, making it impossible to provide proactive service. We intentionally cap the number of families each of our advisors works with. This ensures we have the “mental bandwidth” to be deeply involved in your financial life.
- Execution-Focused: We Do the Work for You Our clients are incredibly successful and, as a result, incredibly busy. We don’t just give you a “to-do” list and leave the implementation to you; we take the lead on the heavy lifting. From coordinating with your CPA and attorney to managing paperwork and executing trades, we do it for you so you can stay focused on your own career and family.
Why should I consider when hiring LA Wealth Management?
Great question! But first, let us explain why you shouldn’t hire us.
If you’re looking for an advisor who will trade stocks to “beat the market,” you’re in the wrong place. Why? Because we only focus on what you can control. Predicting if the stock market will go up or down, or guessing what interest rates will do next, are not things you can control.
But if you need help with setting and achieving financial goals, managing your taxes , investing smarter, and creating a solid plan for retirement, you’re in the right spot.
What is our investment philosophy?
No Market Timing: We believe that investors have the greatest chance for success when they consistently invest in the market over the long term. We view marking timing as gambling and we would never gamble with your money.
Long Term Investing: We believe in the long-term viability of the stock market and encourage our clients to invest in the stock market.
Never Chasing Returns: Returns are not the only important thing in a financial plan. An investor must consider diversification*, taxes, and volatility. We take a look at the big picture!
*Diversification does not guarantee a profit or protect against a loss in a declining market
How are we compensated?
LA Wealth Management is a fee-based financial advisory firm. Our primary compensation comes from an asset-based advisory fee, calculated as a percentage of the assets we manage on your behalf. This structure aligns our success with yours—when your portfolio grows, we grow alongside you.
From time to time, we may also recommend insurance solutions (such as life or long-term care insurance) when they are appropriate to your overall plan. These products may pay a commission. You are never obligated to purchase insurance or other products through
LA Wealth Management, but we’re happy to assist if you value having all aspects of your planning coordinated in one place.
Where is LA Wealth Management located and what geographic areas do you work in?
Contrary to popular belief, LA Wealth Management got it’s name from the founder’s initials, Laurie Allen. We work with folks all over the US, since we meet with clients virtually, we can worry about personality fit and a skills match rather than just focusing on geographic closeness.
Can clients schedule to come into the office?
Yes, if you prefer to come into the office in Hermosa Beach we’d love to see you. Simply schedule your meeting in person.
LA Wealth Management covers a large geographical area from Orange County to Simi Valley and we have advisors who live locally within these communities.
In addition to this we pride ourselves on taking a team approach. More often than not, we pair up.
Why? A few reasons.
1. So that we can provide coverage for our clients when an advisor may be on vacation, out sick or just need some recharge days. It keeps our clients covered and our advisors happy and healthy.
2. So that advisors with different areas and levels of experience can work together to create comprehensive plan for our clients.