Lexaurum Advisors
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Overview
Lexaurum Advisors is an advisory company that has its headquarters in Stilwell, Kansas. It has $604.1 million in assets under management throughout 3,466 client accounts, making it one of the larger investment advisory firms in the United States by assets under management (AUM). The company has an average-sized group, including 27 financial advisors. Lexaurum Advisors is not a registered broker-dealer, meaning it is not able to buy and sell securities for its accounts and those of its clients and instead is required to go through a broker-dealer company to do so. Securities are defined as tradable fiscal investments like equities, bonds and options.
Lexaurum Advisors oversees more than half of the company's client assets in a discretionary manner. Discretionary management is a structure in which transaction choices are made by a portfolio manager without needing to seek client approval. The company also oversees 329 non-discretionary accounts with a total of $92.3 million in AUM. The firm's average account size is $174,301. The typical financial advisor at Lexaurum Advisors administers about 128 client accounts.
Lexaurum Advisors's main office is located at 16010 Metcalf Avenue, Suite 101, Stilwell, Kansas 66085. Lexaurum Advisors is registered to serve customers throughout 24 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Lexaurum Advisors by the Numbers
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/assets@2x.png)
$604.1 million
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/employees@2x.png)
42
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/accounts@2x.png)
3,466
![](https://d31s10tn3clc14.cloudfront.net/imgs/falc/account-size@2x.png)
$174.3 thousand
Products and Services
Lexaurum Advisors provides a variety of financial services, which can include financial planning services, portfolio management for individuals and small businesses and pension consulting services. In the past financial year, the company provided financial planning services to 26-50 of its customers. Lexaurum Advisors is not engaged in selling products or offering services other than investment advice to its investment advisory accounts.
Core Advisor Services
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Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
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Offered by 46% of firms
Portfolio Management
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Other Services
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Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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Educational Seminars/Workshops
This is the hosting of seminars or workshops to educate investors on financial concepts.
Fee Structure
Financial management fees typically vary depending on which service is provided. However, fee types charged by the firm likely consist of the following fee structures: asset-based, hourly, fixed or other. The firm does not participate in a wrap fee program, in which the firm offers a service bundle for a single fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 21% of firms
Hourly
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Offered by 32% of firms
Fixed
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Offered by 10% of firms
Other
Unavailable
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Find one of the 1% of firms that offer this fee type
Commissions
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Find one of the 26% of firms that offer this fee type
Performance-based
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Find one of the 0% of firms that offer this fee type
Subscription
Types of Clients
Lexaurum Advisors caters to retail investors, high net worth investors, charitable organizations and corporations. Out of its 3,466 customers, Lexaurum Advisors's largest client group by number of accounts is retail investors, but it also caters to 187 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an investor who has at least $750,000 under management or a net worth of more than $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's accounts reside abroad.
- High-Net-Worth Individuals* - 12.79%
- Other Individuals - 85.09%
- Corporations - 0.75%
- Charitable Organizations - 1.37%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Lexaurum Advisors does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Lexaurum Advisors
Stilwell, KS
Smithville, MO
Medina, OH
Rancho Cucamonga, CA
Stilwell, KS
Chesterfield, MO
Stilwell, KS
Owings Mills, MD
Stilwell, KS
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