Lf Wealth Advisors, LLC (Springfield)

Name: Lf Wealth Advisors, LLC
Address: 3800 S. Fremont Avenue, Springfield, MO, 65804
Telephone: 816-392-4085

Lf Wealth Advisors, LLC is an adviser based in Springfield. It manages $57.26 million of regulatory assets for 226 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Kansas, Kentucky, and Missouri.

Lf Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, educational seminars and workshops, and qualified retirement plan services, estate planning, business planning,consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lf Wealth Advisors: assets under management

The assets under management (AUM) of Lf Wealth Advisors, LLC is $57.26 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 $41.67 million in discretionary accounts and $15.59 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $234.1 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $324.79 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lf Wealth 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 Lf Wealth Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lf Wealth Advisors is individuals with 226 clients and $57.26 million of assets under management. Among the 2 most similar advisory firms, Lf Wealth Advisors has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $57.26 million for 273 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.

Lf Wealth Advisors doesn't advise any private funds.

Careers at Lf Wealth Advisors, LLC

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 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
Brad C Lawing	Shareholder and investment advisor representative	1 May 2017	75% - 100%	4986486
Andrew Franklin Stafford	Chief compliance officer and shareholder	1 Aug 2017	Other	6161884

Based in Springfield

The principal office where Lf Wealth Advisors, LLC performs its advisory services is located at 3800 S. Fremont Avenue, Springfield, MO 65804, which is also the mailing address of the firm. An additional office of the firm is in Overland Park, KS. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 816-392-4085. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lfwealthadvisors.com/.