Lubitz Linda S Cfp Pa (Miami)

Name: Lubitz Linda S Cfp Pa
Address: 9350 S. Dixie Highway, Miami, FL, 33156
Telephone: 305-670-4440

Lubitz Linda S Cfp Pa is a large advisory firm based in Miami. It manages $215.24 million of regulatory assets for 141 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New York, and Texas.

Lubitz Linda S Cfp Pa 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 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lubitz Linda S Cfp Pa: assets under management

The assets under management (AUM) of Lubitz Linda S Cfp Pa is $215.24 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 199% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $215.24 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.53 million each.

Lubitz Linda S Cfp Pa has custody of $35 million in cash and securities for 102 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 84% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 6% of the firm’s portfolio. Investments in other assets form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lubitz Linda S Cfp Pa for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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 Linda Story Lubitz serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Linda Story Lubitz is high net worth individuals with 83 clients and $151.18 million of assets under management. Among the 13 most similar advisory firms, Lubitz Linda S Cfp Pa has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $215.24 million for 165 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.

Lubitz Linda S Cfp Pa doesn't advise any private funds.

Careers at Lubitz Linda S Cfp Pa

The company employs 7 people that are either part- or full-time employees. 57 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Linda Story Lubitz has been acting as President since 1 Jan 1997. Jorge Padilla joined the executive team most recently as the Senior Client Advisor.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Lubitz Boone	President, chief compliance officer	1 Jan 1997	75% - 100%	1240376
Linda Story Lubitz	President	1 Jan 1997	75% - 100%	1240376
Linda Story Boone	President, chief compliance officer	1 Jan 1997	75% - 100%	1240376
Salvatore Pace	Chief compliance officer	1 Jul 2005	Other	2460990
Jorge Padilla	Senior client advisor	1 Jan 2018	Other	5903778

Based in Miami

The principal office where Lubitz Linda S Cfp Pa performs its advisory services is located at 9350 S. Dixie Highway, Miami, FL 33156, 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 305-670-4440 or by fax 305-670-4448. The normal business hours are 8:30 a.m.-5:30 p.m. on Monday - Friday. You can find more information about the New York firm at lubitzfinancial.com.