Lafayette Advisors LLC is a related adviser based in Norfolk. It manages $66.66 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of North Carolina, South Carolina, and Virginia.
Lafayette Advisors provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lafayette Advisors LLC is $66.66 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -12% 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 Lafayette 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 only and largest group of clients of Lafayette Advisors is pooled investment vehicles with 1 clients and $66.66 million of assets under management. Among the 3 most similar advisory firms, Lafayette Advisors has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $66.66 million for 1 clients. None of the firm’s clients are foreign persons or businesses.
Lafayette Advisors doesn't advise any private funds.
The company employs 6 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.
The principal office where Lafayette Advisors LLC performs its advisory services is located at 150 West Main Street, Norfolk, VA 23510, which is also the mailing address of the firm. An additional office of the firm is in Greenville, SC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 757-623-3676 or by fax 757-627-2943. The normal business hours are 8:00am - 5:00pm on Monday - Friday.