Lgt Financial Advisors LLC (Dallas)
Lgt Financial Advisors LLC is a large advisory firm based in Dallas. It manages $186.05 million of regulatory assets for 338 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Illinois and Texas.
Lgt Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
Lgt Financial Advisors: assets under management
The assets under management (AUM) of Lgt Financial Advisors LLC is $186.05 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in investment and business development companies the most. They account for 32% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 18% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Lgt Financial Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Lgt Financial Advisors serves?
The firm provides services to individuals and high net worth individuals. The largest group of clients of Lgt Financial Advisors is high net worth individuals with 41 clients and $145.11 million of assets under management. Among the 11 most similar advisory firms, Lgt Financial Advisors has the 6th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $173.65 million for 147 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.
Lgt Financial Advisors doesn't advise any private funds.
Careers at Lgt Financial Advisors LLC
The company employs 5 people that are either part- or full-time employees. 80 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 receive compensation from other entities for client referrals.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 2 indirect owners.Based in Dallas
The principal office where Lgt Financial Advisors LLC performs its advisory services is located at 2626 Howell St, Dallas, TX 75204, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 214-461-1500 or by fax 214-461-1383. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lgt-fa.com.
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