Lehmann, Livian, Fridson Advisors, LLC is a mid-sized advisory firm based in New York. It manages $69.16 million of regulatory assets for 76 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Florida, and New York.
Lehmann, Livian, Fridson Advisors provides portfolio management for individuals and small businesses and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lehmann, Livian, Fridson Advisors, LLC is $69.16 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Lehmann, Livian, Fridson Advisors, LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Lehmann, Livian, Fridson Advisors is high net worth individuals with 48 clients and $68.83 million of assets under management. Among the 3 most similar advisory firms, Lehmann, Livian, Fridson Advisors has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $69.16 million for 49 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.
Lehmann, Livian, Fridson Advisors doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 3 people 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.
Martin Steven Fridson has served as the Chief Investment Officer since 1 Mar 2014 and Claus Richard Lehmann is the Chief Executive Officer of Lehmann, Livian, Fridson Advisors, LLC family office. Michael Moshe Livian joined the executive team most recently as the Chief Executive Officer / Cco.
The principal office where Lehmann, Livian, Fridson Advisors, LLC performs its advisory services is located at 136 E 57 Th Street, Suite 501, New York, NY 10022, 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 212-319-8903 or by fax 212-319-8905. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at llfadvisors.com.