Lara, Shull & May, LLC (Falls Church)

Name: Lara, Shull & May, LLC
Address: 7600 Leesburg Pike, Falls Church, VA, 22043
Telephone: 703-827-2300

Lara, Shull & May, LLC is a large advisory firm based in Falls Church. It manages $375.43 million of regulatory assets for 1,288 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 32 other states.

Lara, Shull & May provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for approximately 700 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lara, Shull & May: assets under management

The assets under management (AUM) of Lara, Shull & May, LLC is $375.43 million. The firm's AUM has grown by 412% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $15.76 million in discretionary accounts and $359.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $162.48 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $301.99 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lara, Shull & May, LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lara, Shull & May, LLC

Frank Taylor Iv Shull has been acting as President since 1 Feb 2011. Richard Ronald Romero joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Focus Operating	Member	1 Oct 2007	75% - 100%	20-8161914
Edward Ronald Lara	Chief compliance officer	1 Oct 2007	Other	302498
Frank Taylor Shull	Vice president	1 Oct 2007	Other	2155094
Frank Taylor Iv Shull	Vice president	1 Oct 2007	Other	2155094
Jennifer Lara Szaro	Vice president	1 Jan 2008	Other	4395464
Jennifer Lara Szaro	Vice president operations, finop	1 Sep 2008	Other	4395464
Frank Taylor Iv Shull	Chief executive officer	1 Jul 2009	Other	2155094
Robert Steven Walterman	Chief operating officer	1 Jan 2010	Other	803944
Scott Taylor Walker	Chief financial officer, finop	1 Jan 2010	Other	5720618
Jennifer Lara Szaro	Administrative officer	1 Jun 2010	Other	4395464
Edward Ronald Lara	Ceo, chief compliance officer	1 Jul 2010	Other	302498
Frank Taylor Iv Shull	Partner	1 Jul 2010	Other	2155094
Frank Taylor Iv Shull	President	1 Feb 2011	Other	2155094
Jennifer Lara Szaro	Chief administrative officer, chief compliance officer	1 Feb 2011	Other	4395464
Richard Ronald Romero	Chief operating officer	1 Jun 2012	Other	2381082

Indirect Owners

The SEC currently registers 9 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Summit Partners Vi (Gp)	General partner	1 Dec 2000	Other	135263
L.P. Summit Ventures Vi (Gp)	General partner	1 Dec 2000	Other	04-3540852
L.P. Summit Partners Vi (Gp)	General partner	1 Dec 2000	Other	04-3540852
L.P. Summit Ventures Via	Member	1 Jan 2006	50% - 75%	04-3540853
Summit Ventures Via Lp	Member	1 Jan 2006	50% - 75%	04-3540853
Summit Ventures Vi A L.P.	Member (manager)	1 Jan 2006	25% - 50%	04-3540853
L.P. Summit Partners Vi (Gp)	General partner	1 Dec 2006	Other	04-3540852
Llc Focus Financial Partners	Member	1 Jan 2007	75% - 100%	16-1728260
Llc Focus Financial Partners	Member	1 Oct 2007	75% - 100%	16-1728260

Based in Falls Church

The principal office where Lara, Shull & May, LLC performs its advisory services is located at 7600 Leesburg Pike, Falls Church, VA 22043, which is also the mailing address of the firm. An additional office of the firm is in Austin, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-827-2300 or by fax 703-827-2314. The normal business hours are 9:00am - 5:00pm est on Monday - Friday. You can find more information about the New York firm at www.larashullmay.com.