Sign in Sign up for free

Lba Wealth Management, LLC (Jacksonville)


Lba Wealth Management, LLC is a large advisory firm based in Jacksonville. It manages $349.71 million of regulatory assets for 829 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Florida.

Logo

Lba Wealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lba Wealth Management: assets under management

The assets under management (AUM) of Lba Wealth Management, LLC is $349.71 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 116% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $349.71 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $421.85 thousand each.
Lba Wealth Management has custody of $84 million in cash and securities for 44 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lba Wealth Management, 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.

Indirect Owners

The SEC currently registers 10 indirect owners.

Name Entity Date acquired Ownership Employer ID
Richard David Brock President 1 Jul 1983 Other 3135597
David Alex Brinson Vice president, director 1 Jan 1989 Other 4379463
Robert William Hinckley Secretary, director 1 Jan 1989 Other 4292277
Harry Maxwell Parsons Treasurer, director 1 Jan 1989 Other 4088370
Neal James Von Stein Managing member, vice president 1 Oct 1997 Other 4283275
James Robert White Director 1 Jan 2002 Other 5647299
William Riley Morrow Director 1 Nov 2003 Other 5647301
William Garland Shelton Director 1 Jan 2007 Other 5647300
Joseph Francis Cummings Director 1 Jan 2009 Other 5647316
Scott William Lanigan Director 1 Jan 2009 Other 5648372

Based in Jacksonville

The principal office where Lba Wealth Management, LLC performs its advisory services is located at 501 Riverside Avenue, Jacksonville, FL 32202, 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 904.396.4015 or by fax 904.399.4012. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at thelbagroup.com.


Registered investment advisers similar to Lba Wealth Management, LLC