Ljpr, LLC (Troy)

Name: Ljpr, LLC
Address: 5480 Corporate Drive, Troy, MI, 48098
Telephone: 248-641-7400

Ljpr, LLC is a large advisory firm based in Troy. It manages $776.07 million of regulatory assets for 3,108 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Arizona, California, Florida, and 8 other states.

Ljpr provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Ljpr: assets under management

The assets under management (AUM) of Ljpr, LLC is $776.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 194% since the beginning of its operation, and $475 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $776.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $249.7 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 80% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ljpr, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Ljpr serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, banking or thrift institutions, and pension and profit sharing plans. The largest group of clients of Ljpr is high net worth individuals with 210 clients and $429.63 million of assets under management. Among the 7 most similar advisory firms, Ljpr has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $776.07 million for 1,232 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.

Ljpr doesn't advise any private funds.

Careers at Ljpr, LLC

The company employs 25 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 10 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Brad James Reynolds has served as the Chief Investment Officer since 1 Jan 2009 and Leon Charles Labrecque is the Chief Executive Officer of Ljpr, LLC family office. David Timothy Doyle joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Leon Charles Labrecque	Chief executive officer	1 Dec 1996	50% - 75%	4347024
Leon C. Labrecque	Managing member	1 Dec 1996	50% - 75%	4347024
Brian James Roehl	Member and chief compliance officer	1 Dec 1996	25% - 50%	1078681
Brian James Roehl	Chief compliance officer	1 Jan 2005	25% - 50%	1078681
Suzanne Marie Antonelli	Financial advisor	1 Dec 2006	Other	1635340
Suzanne Marie Antonelli	Financial advisor	1 Jan 2009	Other	1635340
Brad James Reynolds	Chief investment officer	1 Jan 2009	Other	2516837
Leonard Frank Nowak	Financial advisor	1 Jan 2009	Other	3134790
Matthew K Teetor	Financial advisor	1 Jan 2009	Other	5656647
Brian James Roehl	Chief financial officer	1 Aug 2013	25% - 50%	1078681
James Richard Mason	Chief compliance officer	1 Aug 2013	Other	5530825
Michael David Reed	Financial advisor	1 Jan 2014	Other	5906688
Jason John Budrick	Financial advisor	1 Apr 2014	Other	4449445
George Elwyn Bundy	Business development officer	1 Jan 2015	Other	732040
Matthew K Teetor	Vice president	1 Jan 2017	Other	5656647
David Timothy Doyle	Chief compliance officer	1 Oct 2017	Other	2552281

Based in Troy

The principal office where Ljpr, LLC performs its advisory services is located at 5480 Corporate Drive, Troy, MI 48098, which is also the mailing address of the firm. An additional office of the firm is in Flint, MI. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 248-641-7400 or by fax 248-641-7405. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lumpsumanalysis.com.