Lebenthal Diversified Asset Management Inc
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Learn more about Lebenthal Diversified Asset Management Inc
Overview
Lebenthal Diversified Asset Management Inc is an advisory firm that has its headquarters in Hauppauge, New York. It oversees $572.4 million in assets over 2,872 customer accounts, making it one of the bigger financial advisory firms in the United States by assets under management (AUM). It has a small team, including 1 financial advisor. Lebenthal Diversified Asset Management Inc is not a registered broker-dealer, meaning the advisor cannot buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are exchangable financial investments like options, equities and bonds.
Lebenthal Diversified Asset Management Inc manages all of the company's client assets in a discretionary manner. Discretionary management means that an investment advisor makes transaction judgments for the client's account without requiring the customer's approval. Lebenthal Diversified Asset Management Inc oversees about $199,313 in assets for each customer account. The average advisor at Lebenthal Diversified Asset Management Inc oversees around 2,872 client accounts.
Lebenthal Diversified Asset Management Inc's headquarters is at 200 Parkway Drive South, Hauppauge, New York 11788. Lebenthal Diversified Asset Management Inc is legally registered to provide services to customers throughout 16 U.S. states and territories.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Lebenthal Diversified Asset Management Inc by the Numbers
$572.4 million
5
2,872
$199.3 thousand
Products and Services
Lebenthal Diversified Asset Management Inc provides a variety of financial services, including financial planning services, portfolio management for individuals and small businesses, pension consulting services and selection of other advisers. However, it did not provide financial planning services to any of its customers in the last financial year. Lebenthal Diversified Asset Management Inc is not involved in selling products or offering services other than investment advisory services to its investment advisory accounts. It is also affiliated with one or more other service providers in the financial services industry, including with a broker-dealer or securities dealer.
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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Find a firm that offers this service
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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Offered by 20% of firms
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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Find a firm that offers this service
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
A financial advisor's fees largely vary depending on which services the firm provides the client. However, fee types charged by the company can consist of the following fee types: asset-based or fixed. Lebenthal Diversified Asset Management Inc participates in a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Available
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Offered by 69% of firms
Percentage of Assets
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Offered by 32% of firms
Fixed
Unavailable
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Find one of the 21% of firms that offer this fee type
Hourly
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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
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm caters to pension plans. Out of its 2,872 customers, Lebenthal Diversified Asset Management Inc's biggest client group by number of accounts is pension plans. None of the company's clients are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* 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
Lebenthal Diversified Asset Management Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Lebenthal Diversified Asset Management Inc
Hauppauge, NY
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