Lent, Raymond Lawrence (San Rafael)

Name: Lent, Raymond Lawrence
Address: 100 Smith Ranch Road, San Rafael, CA, 94903
Telephone: 4154601990

Lent, Raymond Lawrence is a large advisory firm based in San Rafael. It manages $165.55 million of regulatory assets for 1,084 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdiction of California.

Lent, Raymond Lawrence provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lent, Raymond Lawrence: assets under management

The assets under management (AUM) of Lent, Raymond Lawrence is $165.55 million. The firm's AUM has grown by 468% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $161.81 million in discretionary accounts and $3.75 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $150.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $312.12 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 41% of the total AUM. The second-largest asset type is other assets, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lent, Raymond Lawrence for their services and products based on a percentage of assets under management and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lent, Raymond Lawrence serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lent, Raymond Lawrence is high net worth individuals with 118 clients and $135.64 million of assets under management. Among the 8 most similar advisory firms, Lent, Raymond Lawrence has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $165.55 million for 241 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.

Lent, Raymond Lawrence doesn't advise any private funds.

Careers at Lent, Raymond Lawrence

The company employs 7 people that are either part- or full-time employees. 57 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Raymond Lawrence Lent	Sole proprietor	1 May 1996	75% - 100%	817645
Raymond Lawrence Lent	Chief compliance officer	1 May 1997	75% - 100%	817645

Based in San Rafael

The principal office where Lent, Raymond Lawrence performs its advisory services is located at 100 Smith Ranch Road, San Rafael, CA 94903, 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 4154601990 or by fax 415-460-1997. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at putneyfinancial.com.