Lord Spence & Associates is a large advisory firm based in Las Cruces. It manages $80.1 million of regulatory assets for 995 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, New Mexico, and Texas.
Lord Spence & Associates provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lord Spence & Associates is $80.1 million, all of which is managed in discretionary accounts. The company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Lord Spence & Associates for their services and products based on a percentage of assets under management, hourly charges, and commissions. 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.
James William Spence has been acting as President since 1 Nov 2000. James Kenneth Stinnett joined the executive team most recently as the Vice President.
The principal office where Lord Spence & Associates performs its advisory services is located at 2455 East Missouri, Las Cruces, NM 88001, which is also the mailing address of the firm. An additional office of the firm is in El Paso, TX. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 505-556-8500 or by fax 505-556-8510. The normal business hours are 7:30am-5:00pm on Monday - Friday. You can find more information about the New York firm at www.spenceassetmanagement.com.