Lgt Financial Advisors LLC (Dallas)

Name: Lgt Financial Advisors LLC
Address: 2626 Howell St, Dallas, TX, 75204
Telephone: 214-461-1500

Lgt Financial Advisors LLC is a large advisory firm based in Dallas. It manages $186.05 million of regulatory assets for 338 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Illinois and Texas.

Lgt Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lgt Financial Advisors: assets under management

The assets under management (AUM) of Lgt Financial Advisors LLC is $186.05 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 46% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $186.05 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $550.43 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 32% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 25% of the firm’s portfolio. Investments in exchange traded securities form 18% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lgt Financial Advisors LLC 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 Lgt Financial Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lgt Financial Advisors is high net worth individuals with 41 clients and $145.11 million of assets under management. Among the 11 most similar advisory firms, Lgt Financial Advisors has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $173.65 million for 147 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.

Lgt Financial Advisors doesn't advise any private funds.

Careers at Lgt Financial Advisors LLC

The company employs 5 people that are either part- or full-time employees. 80 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
William Allen Walsh	Managing member	1 Jan 1999	Other	3138609
Richard David Trubitt	Member	1 Jan 1999	Other	3138598
Michael Stephen Radoff	Member	1 Sep 1999	Other	3254786
Robert Alan Lane	Member	1 Jan 2000	Other	4070214
Bob L Knight	Member	1 Sep 2000	Other	4213315
Norman Scott Gunn	Chief compliance officer	1 Apr 2011	Other	2703289
Pllc Lane Gorman Trubitt	Managing member	1 Mar 2016	75% - 100%	75-1044330
Llc Lane Gorman Trubitt	Managing member	1 Mar 2016	75% - 100%	75-1044330

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
William Allen Walsh	Member	1 Jan 2016	25% - 50%	3138609
Richard David Trubitt	Member	1 Jan 2016	25% - 50%	3138598

Based in Dallas

The principal office where Lgt Financial Advisors LLC performs its advisory services is located at 2626 Howell St, Dallas, TX 75204, 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 214-461-1500 or by fax 214-461-1383. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lgt-fa.com.