Ljpr, LLC is a large advisory firm based in Troy. It manages $776.07 million of regulatory assets for 3,108 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.
Ljpr 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, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Ljpr, LLC is $776.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 194% since the beginning of its operation, and $475 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Ljpr, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, and pension and profit sharing plans. The largest group of clients of Ljpr is high net worth individuals with 210 clients and $429.63 million of assets under management. Among the 7 most similar advisory firms, Ljpr has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $776.07 million for 1,232 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.
Ljpr doesn't advise any private funds.
The company employs 25 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 10 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.
Brad James Reynolds has served as the Chief Investment Officer since 1 Jan 2009 and Leon Charles Labrecque is the Chief Executive Officer of Ljpr, LLC family office. David Timothy Doyle joined the executive team most recently as the Chief Compliance Officer.
The principal office where Ljpr, LLC performs its advisory services is located at 5480 Corporate Drive, Troy, MI 48098, which is also the mailing address of the firm. An additional office of the firm is in Flint, MI. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 248-641-7400 or by fax 248-641-7405. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lumpsumanalysis.com.