Lee Danner & Bass Inc is a large advisory firm based in Nashville. It manages $1.1 billion of regulatory assets for 864 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Arkansas, Florida, and 10 other states.
Lee Danner & Bass provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. 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 Lee Danner & Bass Inc is $1.1 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 176% 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 Lee Danner & Bass Inc 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 charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Francis Marion Bass is high net worth individuals with 802 clients and $896.72 million of assets under management. Among the 9 most similar advisory firms, Lee Danner & Bass has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.1 billion for 864 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.
Lee Danner & Bass doesn't advise any private funds.
The company employs 12 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 2 people 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.
Francis Marion Bass has been acting as President since 1 Mar 2012. Lawson Coffee Allen joined the executive team most recently as the President/ Director.
The principal office where Lee Danner & Bass Inc performs its advisory services is located at 3100 West End Avenue, Nashville, TN 37203, 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 615-244-7775 or by fax 615-244-5778. The normal business hours are 8:00 a.m. - 4:30 p.m. on Monday - Friday. You can find more information about the New York firm at leedannerbass.com.