Ltsave, Inc. (Boston)

Name: Ltsave, Inc.
Address: 100 Morrissey Blvd, Boston, MA, 02125
Telephone: 617-287-5833

Ltsave, Inc. is a large advisory firm based in Boston. It manages $26 million of regulatory assets for 975 client accounts. It has been registered with the SEC as an adviser since 2003.

Ltsave provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Ltsave: assets under management

The assets under management (AUM) of Ltsave, Inc. is $26 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4 million in discretionary accounts and $22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $25.88 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Ltsave, Inc. for their services and products based on a percentage of assets under management, subscription fees, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Ltsave, Inc.

Sunil Kumar Bhatia has been acting as President since 1 May 2002. Michael Lane Stephens has served as the Chief Investment Officer since 1 Jul 2008. Laura Smith Alspaugh joined the executive team most recently as the Chief Investment And Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Sunil Kumar Bhatia	President	1 May 2002	75% - 100%	2730506
Sherif Amin Nada	Director	1 May 2003	Other	344405
Jack Arland Chafin	Director	1 Jul 2004	Other	2018975
Gavan A Taylor	Investor	1 Jul 2004	Other	4960066
Eugene Leroy Bailey	Chief compliance officer	1 Oct 2004	Other	4959979
Timothy Mark Mckenna	Director	1 Nov 2004	Other	1019804
L. P Village Ventures Fund Ii	Shareholder	1 Sep 2007	25% - 50%	04-35005486
Mercatus Llc	Shareholder	1 Sep 2007	Other	20-3716496
W James Tozer	Shareholder	1 Oct 2007	Other	856902
Laura Smith Alspaugh	Chief investment and compliance officer	1 Nov 2007	Other	873533
Sunil Kumar Bhatia	Chief compliance officer	1 Nov 2007	50% - 75%	2730506
Michael Lane Stephens	Chief investment officer	1 Jul 2008	Other	2445148

Based in Boston

The principal office where Ltsave, Inc. performs its advisory services is located at 100 Morrissey Blvd, Boston, MA 02125, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-287-5833. The normal business hours are 9:00 a.m. - 5:00 p.m. est on Monday - Friday. You can find more information about the New York firm at www.ltsave.com.