L & B Realty Advisors, Llp
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L & B Realty Advisors, Llp is a financial advisory company located in Dallas, Texas. L & B Realty Advisors, Llp has $3.1 million in assets across one account. The company has an average-sized team, including 53 financial advisors. L & B Realty Advisors, Llp does not act as a registered broker-dealer, meaning the firm is not able to buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer company to do so. Securities are tradable financial investments like options, stocks and bonds.
L & B Realty Advisors, Llp manages all of its client assets in a discretionary manner. Discretionary management means that buy and sell choices are made by an investment advisor without needing the client's consent. The firm supervises about $3.1 million for each client account. The average advisor at L & B Realty Advisors, Llp administers fewer than one client account, placing it among the most personalized firms in the country.
The company's main office is at 5910 North Central Expressway, Dallas, Texas 75206. The firm is permitted to serve clients in the state of Texas.
Assets Under Management
Number of Advisors
L & B Realty Advisors, Llp by the Numbers
Financial management fees depend on which services the firm provides the client. Fee types billed by L & B Realty Advisors, Llp likely include some blend of the following fee types: asset-based or performance-based. The company does not supply a wrap fee program, in which the company offers a service bundle for a comprehensive fee.
Offered by 69% of firms
Percentage of AssetsShow Explanation
This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.
Offered by 26% of firms
Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.
Find one of the 21% of firms that offer this fee type
Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.
Find one of the 1% of firms that offer this fee type
Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.
Find one of the 0% of firms that offer this fee type
Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.
Find one of the 32% of firms that offer this fee type
Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.
Find one of the 10% of firms that offer this fee type
Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.
Types of Clients
L & B Realty Advisors, Llp works with a broad range of investors. It works with high net worth investors, pooled investment vehicles, pension plans, state or municipal government entities and other investment advisers. L & B Realty Advisors, Llp's largest client type is state or municipal government entities, though it also manages money for one high-net-worth individuals. The SEC defines a high-net-worth individual as an individual who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is considered a "qualified purchaser" (a standard met by having at least $5 million in investments). About 15% of its accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 7.69%
- Other Individuals - 0%
- Corporations - 92.31%
- 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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L & B Realty Advisors, Llp does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at L & B Realty Advisors, Llp
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