Lyell Wealth Management LP is a large advisory firm based in Menlo Park. It manages $387.6 million of regulatory assets for 157 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Oregon, and Vermont.
Lyell Wealth Management provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, educational seminars and workshops, and tax advice. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lyell Wealth Management LP is $387.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 78% since the beginning of its operation, and $3.64 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Lyell Wealth Management LP 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.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Lyell Wealth Management is high net worth individuals with 111 clients and $368.28 million of assets under management. Among the 7 most similar advisory firms, Lyell Wealth Management has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $387.6 million for 157 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.
Lyell Wealth Management doesn't advise any private funds.
The company employs 7 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. 4 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.
The principal office where Lyell Wealth Management LP performs its advisory services is located at 3000 Sand Hill Road, Menlo Park, CA 94025, 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 650-353-3692 or by fax 650-681-9832. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lyellwealth.com.