Lufkin Advisors, LLC (Riviera Beach)

Name: Lufkin Advisors, LLC
Address: 2640 Lake Shore Dr, Riviera Beach, FL, 33404
Telephone: 650-573-1187

Lufkin Advisors, LLC is a mid-sized advisory firm based in Riviera Beach. It manages $42.86 million of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Lufkin Advisors provides portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lufkin Advisors: assets under management

The assets under management (AUM) of Lufkin Advisors, LLC is $42.86 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -95% since the beginning of its operation, and $30.84 million of the total AUM is attributable to clients outside of the United States.

The firm manages $42.86 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $10.71 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lufkin Advisors, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lufkin Advisors serves?

The only and largest group of clients of Lufkin Advisors is pooled investment vehicles with 3 clients and $42.86 million of assets under management. Among the 0 most similar advisory firms, Lufkin Advisors has the 0th lowest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $42.86 million for 3 clients. 72% of the firm’s clients are foreign persons or businesses.

Lufkin Advisors also advises several private funds. Namely, two hedge funds and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $1,000,000.

Careers at Lufkin Advisors, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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
Chauncey Forbush Lufkin	Ceo	1 Feb 2004	75% - 100%	2092219
Marianne Chrencik	Shareholder	1 Feb 2004	Other	4074347
Kirk Andrew Wallace	Cco	1 Feb 2004	Other	4142939
Dan W Lufkin	Shareholder	1 Feb 2004	Other	1479266
Llc Jabe	Shareholder	1 Feb 2004	Other	94-3235274
Lufkin Family Revocable Trust	Shareholder	1 Feb 2004	Other	xxx-xx-xxxx
Jessica C. Draper 2010 Irrv Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx
Adam P. Draper 2010 Irrv Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx
William T. Draper 2010 Irrv Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx
Eleanor R. Draper 2010 Irrv Trust	Shareholder	1 Jan 2016	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Timothy Cook Draper	Shareholder	1 Feb 2004	Other	1303568

Based in Riviera Beach

The principal office where Lufkin Advisors, LLC performs its advisory services is located at 2640 Lake Shore Dr, Riviera Beach, FL 33404 The mailing address of the firm is Co Cws, 680 Fifth Ave 10 Th Fl, New York, NY 10019. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 650-573-1187 or by fax 650-573-1192. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lufkinadvisors.com.