Lovett Investment Consulting

Lovett operates on a fee-only basis, typically charging clients a percentage of assets under management. This structure avoids commission-based conflicts, as the firm does not receive compensation from fund companies or product sponsors for portfolio recommendations. The specific fee schedule depends on account size and service complexity, as is standard practice among independent RIAs.

The firm builds portfolios using mutual funds and exchange-traded funds rather than selecting individual equities or bonds. This fund-based approach allows Lovett to implement strategic asset allocation across equity, fixed income, and alternative sleeves while delegating security-level decisions to specialist managers. Public records do not indicate direct indexing or individual stock-picking mandates.

Lovett evaluates external managers based on quantitative metrics including risk-adjusted returns, factor exposures, and consistency of investment process, combined with qualitative assessment of the management team and organizational stability. The firm's independent status means it has no obligation to allocate to any specific fund family. Specific manager-selection criteria are communicated directly to clients during the onboarding process.

The firm serves a mix of individual investors, families, and institutional clients such as endowments and foundations. The common thread among clients is a preference for independent, conflict-free advice from a fiduciary adviser rather than a large bank or wirehouse platform. Geographic concentration appears strongest in the Baltimore-Washington corridor.

As a registered investment adviser, Lovett files Form ADV with the SEC or Maryland state securities regulator, depending on its regulatory assets under management. This filing discloses the firm's ownership, services, fee schedule, disciplinary history, and conflicts of interest. The Form ADV is publicly accessible through the SEC's Investment Adviser Public Disclosure website.