Business Details
18 Years
experience
Your Trusted Partner for Comprehensive Financial Planning & Investment Management
Established in 2008, Lawrence Wealth Management operates as a Registered Investment Advisory (RIA) firm committed to placing client interests above all else. Our fiduciary responsibility ensures every recommendation aligns with clients' best interests, free from commission-driven motives. With 36 years of combined experience in securities analysis and investment strategy, our team navigates market volatility with a steady hand. We specialize in comprehensive financial planning and customized investment management, focusing on long-term goals and risk tolerance. Our fee structure is transparent, based solely on assets under management, and we maintain no financial incentives beyond client success.The weekly Investment Committee debates market dynamics to strengthen our advisory approach. By limiting client numbers, we prioritize personalized service and prompt responsiveness, ensuring each client receives dedicated attention. Our methodology excludes unmanaged assets from fee calculations, reflecting our commitment to fairness. Through decades of market cycles, we've built trust by maintaining discipline and avoiding emotional decision-making. This foundation of integrity and expertise defines our client relationships.
Services
Financial Planning
Investment Management
Retirement Planning
Asset Allocation
Client-Centric Advisory
Details
- Year established: 2008
Highlights and features
- We operate under the fiduciary standard, legally bound to prioritize client interests
- 36 years of combined experience in securities and economic analysis
- Customized investment portfolios with transparent, asset-based fee structure
- No commissions or financial incentives for product recommendations
- Weekly Investment Committee debates strengthen strategic decision-making
Services
Financial Planning
Our Comprehensive Financial Plan creates a clear roadmap for your financial future. We analyze assets, savings goals, retirement needs, and insurance to develop personalized strategies. Clients receive detailed documentation showing multiple scenarios for achieving long-term objectives.
Investment Management
Customized investment portfolios are built around client goals and risk tolerance. We implement strategic asset allocation decisions that drive over 90% of portfolio performance. Clients benefit from exclusion of unmanaged assets from fee calculations and no commission-based products.
Asset Allocation
We determine optimal mix of stocks, bonds, and cash based on individual risk profiles. Three strategic approaches available: Aggressive Growth (85-95% equity), Conservative Long-Term Growth (60-75% equity), and Equity Income (50-65% equity) allocations.
Retirement Planning
Specialized planning addresses retirement spending needs, Social Security optimization, pension integration, and legacy goals. We model various scenarios to ensure sustainable income throughout retirement while accounting for market volatility and longevity risks.
Investment Advisory
Transparent advisory services based solely on assets under management. Fees are directly deducted from client accounts with no hidden charges. Our fiduciary approach excludes any financial incentives beyond client success, ensuring unbiased recommendations.
People
Richard S. Lawrence
President
CFA charterholder with 36 years of experience in securities analysis and investment management. Founder of Lawrence Wealth Management and active member of the Investment Committee. Focuses on fiduciary advisory and strategic decision-making.
Jan DeProspero
Client Services Manager
Manages client service operations with emphasis on prompt responsiveness and relationship maintenance. Coordinates client meetings and implementation of financial plans while ensuring high service standards.
Amy Henderson
Financial Planning Specialist
Specializes in comprehensive financial planning, retirement strategies, and data analysis. Prepares detailed plan documents showing multiple financial scenarios and works closely with clients to achieve long-term goals.
Questions
What is a Roth Conversion and when should I consider it?
A Roth Conversion involves transferring traditional IRA funds to a Roth IRA. Consider it when your current tax rate is lower than expected future rates, potentially reducing lifetime tax liability.
How does your fiduciary responsibility benefit me?
As fiduciaries, we're legally required to act in your best interest. This means no commission-based products, transparent fee structure, and recommendations focused solely on your financial objectives.
What investment strategies do you offer?
We offer three core strategies: Aggressive Growth (85-95% equity), Conservative Long-Term Growth (60-75% equity), and Equity Income (50-65% equity), all customizable to individual risk tolerance.
How are your advisory fees structured?
Fees are based on a percentage of assets under management, billed monthly. We charge 1.00% on first $500k, decreasing tiers for larger balances, with no fees on unmanaged assets.
What makes your financial planning process unique?
Our process combines comprehensive data gathering, scenario modeling, and personalized roadmaps. We focus on long-term strategy while maintaining flexibility for life's changes, with ongoing committee-reviewed investment guidance.
