Firm Info
Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Selection of Others Advisors
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
-
Individuals High Net Worth
*>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth
- Corporations or Other Businesses Not Listed Above
- Other
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Fixed Fees (Other than subscription)
Landing Point Financial Group, LLC Overview
Landing Point Financial Group, LLC is a fee-only investment advisory firm based in Avon, OH. Since its inception in 2021, the firm has been providing investment advice to clients. As a registered investment advisory firm, Landing Point Financial Group, LLC offers investment advice only, assuring clients of unbiased recommendations. The firm specializes in financial planning, portfolio management for individuals and small businesses, and the selection of other advisors. Their experienced financial advisors work closely with clients to create customized investment plans that cater to their diverse needs and goals. Moreover, they help their clients seamlessly navigate through the complex investment landscape. In addition to the above-mentioned services, Landing Point Financial Group, LLC, also offers educational seminars and workshops. They believe empowering their clients with knowledge is critical to making informed investment decisions. The seminars and workshops cover topics such as retirement planning, wealth management, investment strategies, and much more. Overall, Landing Point Financial Group, LLC is dedicated to providing their clients with sound investment advice and unparalleled service. They take pride in their personalized approach, ensuring every client's unique needs are met. The firm understands that every client's financial situation is different, and they strive to create customized investment plans tailored to each client's needs, resulting in long-term financial success.
Landing Point Financial Group, LLC is a financial advisory firm that caters to a range of clients. Their clientele includes individuals, high net worth individuals, and other corporation types not listed specifically within their business structure. Additionally, they serve other types of clients that seek financial advice. Landing Point Financial Group offers a range of fee structures that depend on the specific service provided. They may offer services at a percentage of assets under management (AUM) for investment portfolios or fixed fees for broader financial planning services. In either case, Landing Point Financial Group takes pride in serving their clients with the utmost professionalism and providing customized solutions that align with their clients' financial goals and objectives.
Typical Clients, Fee Structures & Investment Minimum
According to the Part 2 Brochure of Landing Point Financial Group, LLC, there is no mention of an investment minimum. Therefore, it is unclear what the firm's investment minimum may be and potential investors should contact the firm for more information.
How This Office Can Help Lorain County, OH Residents
Landing Point Financial Group provides assistance to clients in Lorain County, OH, who might be struggling with various financial challenges. For instance, clients might be looking to plan for their retirement, save for their children's education, invest in the stock market, or simply manage their day-to-day finances. The company's financial advisors assess each client's specific needs and goals and provide customized solutions to help them achieve their objectives. Landing Point Financial Group's team of experienced advisors also helps clients in Lorain County navigate common financial issues such as debt management, tax planning, and estate planning. They offer guidance on how to manage debt effectively, identify potential tax-saving strategies, and create estate plans that protect clients' assets and provide for their loved ones. Additionally, the company's advisors strive to educate clients on financial matters so that they can make informed decisions about their future and financial well-being. Overall, Landing Point Financial Group is committed to helping clients in Lorain County, OH achieve financial success and peace of mind.
Services Offered by Landing Point Financial Group, 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 Landing Point Financial Group, 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.
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.
Unavailable
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.
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.
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).
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 8:30 AM–5 PM
- Tue 8:30 AM–5 PM
- Wed 8:30 AM–5 PM
- Thu 8:30 AM–5 PM
- Fri 8:30 AM–4 PM
- Sat Closed
- Sun Closed
Other Office Locations
This firm has no other locations.
State Registrations
Landing Point Financial Group, LLC is registered to service clients in the following states:
- Florida
- Kentucky
- Louisiana
- Michigan
- Minnesota
- Ohio
- Pennsylvania
- South Carolina
- Texas
Disciplinary History
Landing Point Financial Group, LLC does not have any disclosures. Please visit it's Form ADV for more details.