Lytle Investment Services Corp (Grand Island)

Name: Lytle Investment Services Corp
Address: 101 Lang Blvd, Grand Island, NY, 14072
Telephone: 716-773-6626

Lytle Investment Services Corp is a mid-sized advisory firm based in Grand Island. It manages $54.18 million of regulatory assets for 330 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida and New York.

Lytle Investment Services Corp provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lytle Investment Services Corp: assets under management

The assets under management (AUM) of Lytle Investment Services Corp is $54.18 million. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $42.7 million in discretionary accounts and $11.48 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $138.62 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $521.91 thousand.

Investments

The firm invests in other assets the most. They account for 52% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in cash and cash equivalents form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lytle Investment Services Corp for their services and products based on a percentage of assets under management 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.

What kind of clients Thomas Allen Lytle serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Thomas Allen Lytle is individuals with 184 clients and $26.94 million of assets under management. Among the 2 most similar advisory firms, Lytle Investment Services Corp has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $54.18 million for 218 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.

Lytle Investment Services Corp doesn't advise any private funds.

Careers at Lytle Investment Services Corp

The company employs 4 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. No 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 don’t receive compensation from other entities for client referrals.

Thomas Allen Lytle has been acting as President since 1 Mar 1985. Marie A Zaczek joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Allen Lytle	President	1 Mar 1985	50% - 75%	801168
Paul Dennis Lytle	Vice president	1 Mar 1985	50% - 75%	812630
Marie A Zaczek	Chief compliance officer	1 Feb 2004	Other	2840036

Based in Grand Island

The principal office where Lytle Investment Services Corp performs its advisory services is located at 101 Lang Blvd, Grand Island, NY 14072, 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 716-773-6626 or by fax 716-773-6522. The normal business hours are 8am-5pm est on Monday - Friday. You can find more information about the New York firm at lytleinvestments.com.