Lokken Investment Group, LLC (Lewes)

Name: Lokken Investment Group, LLC
Address: 1413 Savannah Road,, Lewes, DE, 19958
Telephone: 302-645-6650

Lokken Investment Group, LLC is a large advisory firm based in Lewes. It manages $125.46 million of regulatory assets for 637 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Delaware, Florida, Maryland, and Pennsylvania.

Lokken Investment Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lokken Investment Group: assets under management

The assets under management (AUM) of Lokken Investment Group, LLC is $125.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $125.46 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $196.95 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is investment and business development companies, which make up 38% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lokken Investment Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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 Lokken Investment Group serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Lokken Investment Group is high net worth individuals with 37 clients and $66.86 million of assets under management. Among the 8 most similar advisory firms, Lokken Investment Group has the 4th lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $125.46 million for 252 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.

Lokken Investment Group also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.

Careers at Lokken Investment Group, LLC

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Lawrence Lokken	Managing principal and cco	1 Dec 2008	75% - 100%	2956806

Based in Lewes

The principal office where Lokken Investment Group, LLC performs its advisory services is located at 1413 Savannah Road,, Lewes, DE 19958, 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 302-645-6650. The normal business hours are 9:00 am -4:30 pm on Monday - Friday. You can find more information about the New York firm at lokkeninvest.com/.