Lehrer Financial & Economic Advisory Services

CRD#105835
Investment Advisor Firm

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Learn more about Lehrer Financial & Economic Advisory Services

  • Overview
  • By the Numbers
  • Fee Structure
  • Types of Clients
  • Disclosures
  • Office Locations
  • Overview

    Lehrer Financial & Economic Advisory Services is a financial advisory firm located in Houston, Texas. It manages $232.0 million in assets under management across 11 client accounts, placing it in the mid-tier of firms in the country by assets under management (AUM). Lehrer Financial & Economic Advisory Services has a small group, including 1 financial advisor. Lehrer Financial & Economic Advisory Services does not act as a registered broker-dealer, signifying that the firm is not able to buy and sell securities for its accounts and those of its clients and instead must go through a broker-dealer company to do so. Securities are defined as exchangable fiscal investments like stocks, options and bonds.

    Lehrer Financial & Economic Advisory Services oversees zero of the company's client assets in a discretionary manner. Discretionary management signifies that an investment advisor makes transaction judgments without needing the client's approval. It also has 11 non-discretionary accounts with a total of $232.0 million in assets under management. Lehrer Financial & Economic Advisory Services supervises roughly $21.1 million in assets for every customer account. An average advisor at Lehrer Financial & Economic Advisory Services manages about 11 client accounts, placing it among the more individualized financial advisor firms in the country.

    Lehrer Financial & Economic Advisory Services's central office is located at 5555 Del Monte Drive, Houston, Texas 77056-4117.

    Assets Under Management

    $232.0 million

    Number of Advisors

    1

    Disclosures

    No

    Office Location

    5555 Del Monte Drive
    Houston, TX 77056-4117

    Lehrer Financial & Economic Advisory Services by the Numbers

    Total Assets Under Management

    $232.0 million

    National Average: $8.6 billion
    Total Number of Employees

    1

    National Average: 64
    Total Number of Accounts

    11

    National Average: 375,227
    Average Account Size

    $21.1 million

    National Average: $23.0 thousand
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    Fee Structure

    Fees for financial advice largely depend on which services are provided. Fees charged by Lehrer Financial & Economic Advisory Services most likely include some blend of the following fee structures: hourly or fixed. Lehrer Financial & Economic Advisory Services does not supply a wrap fee program, in which the company offers a service bundle for a single fee.

    Available

    • Offered by 21% of firms

      Hourly

      Show Explanation

      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.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      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.

    Unavailable

    • Find one of the 69% of firms that offer this fee type

      Percentage of Assets

      Show 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.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      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 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      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 0% of firms that offer this fee type

      Subscription

      Show Explanation

      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 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm caters to pension plans. Out of its 11 customers, Lehrer Financial & Economic Advisory Services's biggest client group by number of accounts is pension plans. None of the firm's customers are 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

    Lehrer Financial & Economic Advisory Services does not have any disclosures.

    Please visit its Form ADV for more details.

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