Landaas & Company (Milwaukee)
Landaas & Company is a large advisory firm based in Milwaukee. It manages $980.76 million of regulatory assets for 2,861 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 13 other states.
Landaas & Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and consultation services. It prepares financial plans for approximately 2,300 clients. On top of advisory services, the firm doesn't engage in other business activities.
Landaas & Company: assets under management
The assets under management (AUM) of Landaas & Company is $980.76 million. The firm's AUM has grown by 1681% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 14% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Landaas & Company for their services and products based on a percentage of assets under management and hourly charges. 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 Landaas & Company serves?
The firm provides services to individuals and high net worth individuals. The largest group of clients of Landaas & Company is high net worth individuals with 263 clients and $542.75 million of assets under management. Among the 8 most similar advisory firms, Landaas & Company has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $980.76 million for 1,351 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.
Landaas & Company doesn't advise any private funds.
Careers at Landaas & Company
The company employs 26 people that are either part- or full-time employees. 92 percent of the employees work as investment advisers or researchers. 24 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.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 1 indirect owner.Based in Milwaukee
The principal office where Landaas & Company performs its advisory services is located at 411 E Wisconsin Ave, Milwaukee, WI 53202, 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 414-223-1099 or by fax 414-223-4685. The normal business hours are 8:30 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at landaas.com and its LinkedIn profile.
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