Lbmc Investment Advisors LLC (Brentwood)

Name: Lbmc Investment Advisors LLC
Address: 201 Franklin Road, Brentwood, TN, 37027
Telephone: 615-377-4603

Lbmc Investment Advisors LLC is a large advisory firm based in Brentwood. It manages $1.06 billion of regulatory assets for 1,104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Florida, Georgia, and 5 other states.

Lbmc Investment Advisors provides portfolio management for individuals and small businesses and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lbmc Investment Advisors: assets under management

The assets under management (AUM) of Lbmc Investment Advisors LLC is $1.06 billion. The firm's AUM has grown by 1660% since the beginning of its operation, and $1.46 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.05 billion in discretionary accounts and $12.85 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $960.27 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.43 million.

Lbmc Investment Advisors has custody of $302.77 million in cash and securities for 520 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 60% of the total AUM. The second-largest asset type is state and local bonds, which make up 24% of the firm’s portfolio. Investments in investment grade corporate bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lbmc Investment 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.

What kind of clients Lbmc Investment Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lbmc Investment Advisors is high net worth individuals with 200 clients and $967.37 million of assets under management. Among the 8 most similar advisory firms, Lbmc Investment Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.04 billion for 374 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Lbmc Investment Advisors doesn't advise any private funds.

Careers at Lbmc Investment Advisors LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 6 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Roy Michael Cain	Treasurer, director	1 Jan 1998	Other	4368474
David Kenneth Morgan	Secretary, director	1 Jan 1998	Other	4368475
Llc Lbmc Financial Services	Parent company	1 Jan 1998	50% - 75%	62-1723694
Gregory Michael Herman	President, director	1 Sep 2000	Other	4368476
Robert Andrew Jordan	Operations mgr./chief compliance officer	1 Oct 2004	Other	2581597
Derek Christopher Bland	Investment adviser	1 Dec 2014	Other	4910595

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
John Alfred Litchfield	Treasurer	1 Oct 2013	Other	6618745

Based in Brentwood

The principal office where Lbmc Investment Advisors LLC performs its advisory services is located at 201 Franklin Road, Brentwood, TN 37027 The mailing address of the firm is P.O. Box 1869, Brentwood, TN 37024 1869. An additional office of the firm is in Chattanooga, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 615-377-4603 or by fax 615-309-2686. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at lbmc.com/.