Lauterbach Financial Advisors, LLC (El Paso)

Name: Lauterbach Financial Advisors, LLC
Address: 4130 Rio Bravo Street, El Paso, TX, 79902
Telephone: 915-544-6950

Lauterbach Financial Advisors, LLC is a large advisory firm based in El Paso. It manages $342.27 million of regulatory assets for 930 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Arizona, California, Louisiana, and 3 other states.

Lauterbach Financial Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lauterbach Financial Advisors: assets under management

The assets under management (AUM) of Lauterbach Financial Advisors, LLC is $342.27 million. The firm's AUM has grown by 569% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $341.16 million in discretionary accounts and $1.12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $368.82 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $223.23 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 71% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 17% of the firm’s portfolio. Investments in exchange traded securities form 6% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lauterbach Financial Advisors, LLC for their services and products based on a percentage of assets under management and hourly charges. 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 Lauterbach Financial Advisors serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Lauterbach Financial Advisors is high net worth individuals with 80 clients and $213.27 million of assets under management. Among the 9 most similar advisory firms, Lauterbach Financial Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $342.27 million for 359 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.

Lauterbach Financial Advisors doesn't advise any private funds.

Careers at Lauterbach Financial Advisors, LLC

The company employs 9 people that are either part- or full-time employees. 78 percent of the employees work as investment advisers or researchers. 7 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
William Scott Johns	Member	1 Apr 1999	Other	4470668
Steve Lauterbach	Member	1 Apr 1999	Other	4470654
Stephen W. Rash	Member	1 Apr 1999	Other	4470661
Scott Kobren	Member	1 Apr 1999	Other	4470664
Gregory O'brien Hartley	Member	1 Apr 1999	Other	4470670
Cynthia Foster Lyons	Member	1 Apr 1999	Other	4470671
Jon Art Sonnen	Member & president	1 Apr 1999	Other	3061356
David Harold Lindau	Member	1 Apr 1999	Other	1682582
Scott David Kobren	Member	1 Apr 1999	Other	4470664
Jr. Hilton Roy Maddox	Member	1 Apr 1999	Other	4470660
Mark P. Groover	Member	1 Jan 2002	Other	4652955
Judy Ann Groves	Member	1 Jan 2003	Other	4652956
Billy Ray Defrance	Chief compliance officer	1 Jan 2007	Other	4888322
Lauterbach Limited Partnership	Shareholder	1 Jan 2008	Other	74-2951330
Suzanne Elizabeth Lindau	Chief operating officer	1 Jan 2014	Other	5842359
Suzanne Elizabeth Lindau	Member / chief financial officer	1 Jan 2015	Other	5842359
Billy Ray Defrance	Member / chief compliance officer	1 Jan 2016	Other	4888322

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Steve Lauterbach	Limited partner	1 Jan 2008	75% - 100%	4470654

Based in El Paso

The principal office where Lauterbach Financial Advisors, LLC performs its advisory services is located at 4130 Rio Bravo Street, El Paso, TX 79902, 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 915-544-6950 or by fax 915-544-1303. The normal business hours are 8:15am to 5:15pm on Monday - Friday. You can find more information about the New York firm at lfa-ia.com.