Lotusgroup Advisors, LLC is a large advisory firm based in Denver. It manages $142.59 million of regulatory assets for 710 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of California, Colorado, New Hampshire, New York, and Texas.
Lotusgroup Advisors provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. 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 Lotusgroup Advisors, LLC is $142.59 million. The firm's AUM has grown by 1598% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Lotusgroup Advisors, LLC 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, other investment advisers, high net worth individuals, pooled investment vehicles, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Lotusgroup Advisors is high net worth individuals with 34 clients and $87.38 million of assets under management. Among the 11 most similar advisory firms, Lotusgroup Advisors has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $142.59 million for 203 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.
Lotusgroup Advisors also advises several private funds. Namely, one other private fund. The minimum investment commitment required of non-related persons is $500,000 for each fund.
The company employs 9 people that are either part- or full-time employees. 89 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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 receive compensation from other entities for client referrals.
The principal office where Lotusgroup Advisors, LLC performs its advisory services is located at 299 Milwaukee Street, Denver, CO 80206, 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 720.593.9861 or by fax 815-301-2669. The normal business hours are 8am - 5pm on Monday - Friday. You can find more information about the New York firm at lgadvisors.com/.