Lafayette Investments, Inc. (Ashton)

Name: Lafayette Investments, Inc.
Address: 17830 New Hampshire Avenue, Ashton, MD, 20861
Telephone: 301-570-2959

Lafayette Investments, Inc. is a large advisory firm based in Ashton. It manages $414.98 million of regulatory assets for 498 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, District of Columbia, Florida, and 3 other states.

Lafayette Investments provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lafayette Investments: assets under management

The assets under management (AUM) of Lafayette Investments, Inc. is $414.98 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 210% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $414.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $833.29 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 19% of the firm’s portfolio. Investments in investment and business development companies form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lafayette Investments, Inc. for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Thomas Patrick Roddy serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Thomas Patrick Roddy is high net worth individuals with 142 clients and $367.41 million of assets under management. Among the 10 most similar advisory firms, Lafayette Investments has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $382.95 million for 206 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lafayette Investments doesn't advise any private funds.

Careers at Lafayette Investments, Inc.

The company employs 10 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 4 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Thomas Patrick Roddy has been acting as President since 1 May 1988. Robert Adams Noyes joined the executive team most recently as the Shareholder/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Lawrence Judge	Shareholder/pres./ dir./co-chief compliance ofcr.	1 May 1988	Other	1840145
Mary Ware Roddy	Secretary	1 May 1988	25% - 50%	xxx-xx-xxxx
Thomas Patrick Roddy	President	1 May 1988	25% - 50%	402166
Charles Collin Wakeley	Shareholder/ vp	1 Oct 1989	Other	828905
Scott Hathaway Dinn	Shareholder/ director/ vp	1 Feb 1996	Other	1528157
Stuart Philip Ross	Director	1 May 1998	Other	xxx-xx-xxxx
Roderic Edward Ordway	Director	1 Dec 2000	Other	2690551
Linda Elizabeth Laprade	Shareholder/chief compliance officer	1 Oct 2004	Other	2004482
Mark Hughes	Shareholder/ director/ vp	1 Feb 2006	Other	xxx-xx-xxxx
Robert Adams Noyes	Shareholder/treasurer	1 Sep 2011	Other	2538752
Scott Matthew Stroud	Shareholder	1 Sep 2011	Other	2051708
Ryan Michael Klinger	Shareholder	1 Sep 2011	Other	4710932

Based in Ashton

The principal office where Lafayette Investments, Inc. performs its advisory services is located at 17830 New Hampshire Avenue, Ashton, MD 20861, which is also the mailing address of the firm. An additional office of the firm is in Bethesda, MD. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-570-2959 or by fax 301-570-1263. The normal business hours are 8:30a.m. to 5:30p.m. on Monday - Friday. You can find more information about the New York firm at lafayetteinvestments.com.