Longer Investments Inc (Fayetteville)

Name: Longer Investments Inc
Address: 9 N. West Avenue, Fayetteville, AR, 72701
Telephone: 479-443-5851

Longer Investments Inc is a large advisory firm based in Fayetteville. It manages $120.19 million of regulatory assets for 101 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arkansas, Louisiana, Oklahoma, and Texas.

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

Longer Investments: assets under management

The assets under management (AUM) of Longer Investments Inc is $120.19 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 25% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $120.19 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.19 million each.

Longer Investments has custody of $74.67 million in cash and securities for 43 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 61% of the total AUM. The second-largest asset type is state and local bonds, which make up 22% of the firm’s portfolio. Investments in investment grade corporate bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Longer Investments Inc for their services and products based on a percentage of assets under management. 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.

What kind of clients Cristabel C. Longer serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Cristabel C. Longer is high net worth individuals with 32 clients and $83.07 million of assets under management. Among the 9 most similar advisory firms, Longer Investments has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $117.26 million for 77 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.

Longer Investments doesn't advise any private funds.

Careers at Longer Investments Inc

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Cristabel C. Longer has been acting as President since 1 Nov 1985. Estate Of Chester L. Longer joined the executive team most recently as the Stockholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Elaine Marie Longer	Director, president	1 Nov 1985	75% - 100%	1480310
Cristabel C. Longer	Director	1 Nov 1985	Other	4337931
Chester Leroy Longer	Director, vice president	1 Nov 1985	Other	4337928
Gretchen Marie Longer	Shareholder	1 Jan 1994	Other	4337934
Kim Marie Cooper	Director, secretary/treasurer	1 Jan 1994	Other	1676387
Kim Marie Cooper	Director, vp, sec/treas, chief compliance officer	1 Oct 2004	Other	1676387
Estate Of Chester L. Longer	Stockholder	1 Oct 2011	Other	xxx-xx-xxxx

Based in Fayetteville

The principal office where Longer Investments Inc performs its advisory services is located at 9 N. West Avenue, Fayetteville, AR 72701 The mailing address of the firm is P. O. Box 1269, Fayetteville, AR 72702. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 479-443-5851 or by fax 479-443-7129. The normal business hours are 8-5 m-th, 8-4 friday on Monday - Friday. You can find more information about the New York firm at longerinv.com.