Lowery Thomas, LLC (San Francisco)

Name: Lowery Thomas, LLC
Address: 220 Montgomery Street, San Francisco, CA, 94104
Telephone: 415-227-9800

Lowery Thomas, LLC is a large advisory firm based in San Francisco. It manages $189.25 million of regulatory assets for 525 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of California.

Lowery Thomas provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lowery Thomas: assets under management

The assets under management (AUM) of Lowery Thomas, LLC is $189.25 million. The firm's AUM has grown by 26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $75.45 million in discretionary accounts and $113.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.11 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $249.03 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 62% of the total AUM. The second-largest asset type is investment and business development companies, which make up 16% of the firm’s portfolio. Investments in government bonds form 11% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lowery Thomas, LLC for their services and products based on a percentage of assets under management and fixed fees. 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 Lowery Thomas serves?

The only and largest group of clients of Lowery Thomas is individuals with 141 clients and $145.3 million of assets under management. Among the 9 most similar advisory firms, Lowery Thomas has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $145.3 million for 141 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.

Lowery Thomas doesn't advise any private funds.

Careers at Lowery Thomas, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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

Name	Entity	Date acquired	Ownership	Employer ID
Kenneth Grant Cala	V.p., secretary., director	1 Feb 1999	25% - 50%	4357683
David James Lowery	Vice president, director	1 Feb 1999	Other	2704968
Mark Thomas Vicencio	President, chief compliance officer, treasurer, director	1 Feb 1999	25% - 50%	4105009

Based in San Francisco

The principal office where Lowery Thomas, LLC performs its advisory services is located at 220 Montgomery Street, San Francisco, CA 94104, which is also the mailing address of the firm. An additional office of the firm is in Walnut Creek, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 415-227-9800 or by fax 415-227-9805. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at lowerythomas.com.