Lobscouser Ii, LLC (Town And Country)

Name: Lobscouser Ii, LLC
Address: 555 Maryville University Dr.,, Town And Country, MO, 63141
Telephone: 314-309-2078

Lobscouser Ii, LLC is a large advisory firm based in Town And Country. It manages $123.19 million of regulatory assets for 637 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of Illinois, Missouri, and Texas.

Lobscouser Ii provides financial planning services, portfolio management for individuals and small businesses, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lobscouser Ii: assets under management

The assets under management (AUM) of Lobscouser Ii, LLC is $123.19 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $91.25 million in discretionary accounts and $31.94 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $259.96 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.69 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 33% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 20% of the firm’s portfolio. Investments in state and local bonds form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lobscouser Ii, LLC for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lobscouser Ii serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lobscouser Ii is high net worth individuals with 49 clients and $91.59 million of assets under management. Among the 9 most similar advisory firms, Lobscouser Ii has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $123.19 million for 315 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.

Lobscouser Ii doesn't advise any private funds.

Careers at Lobscouser Ii, LLC

The company employs 6 people that are either part- or full-time employees. 67 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Edward Farris	Managing member and chief compliance officer	1 Feb 2016	75% - 100%	3240243

Based in Town And Country

The principal office where Lobscouser Ii, LLC performs its advisory services is located at 555 Maryville University Dr.,, Town And Country, MO 63141, 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 314-309-2078. The normal business hours are 8:30 to 4:00 on Monday - Friday. You can find more information about the New York firm at aquilantadvisors.com.