Fwg Investments, LLC (Lexington)

Name: Fwg Investments, LLC
Address: 2704 Old Rosebud Road, Lexington, KY, 40509
Telephone: 859-309-0349

Fwg Investments, LLC is a large advisory firm based in Lexington. It manages $128.34 million of regulatory assets for 4,203 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida, Indiana, Kentucky, and Texas.

Fwg Investments provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fwg Investments: assets under management

The assets under management (AUM) of Fwg Investments, LLC is $128.34 million. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $105.67 million in discretionary accounts and $22.67 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $25.85 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $197.09 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 5% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fwg Investments, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fwg Investments serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Fwg Investments is individuals with 583 clients and $111.47 million of assets under management. Among the 9 most similar advisory firms, Fwg Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $128.31 million for 595 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.

Fwg Investments doesn't advise any private funds.

Careers at Fwg Investments, LLC

The company employs 19 people that are either part- or full-time employees. 26 percent of the employees work as investment advisers or researchers. 6 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
Lawrence Kevin Adkins	Chief investment officer & chief compliance officer	1 May 2016	Other	5210533
Geoffrey Kevin Metzler	Managing member	1 May 2016	75% - 100%	1355310

Based in Lexington

The principal office where Fwg Investments, LLC performs its advisory services is located at 2704 Old Rosebud Road, Lexington, KY 40509, which is also the mailing address of the firm. An additional office of the firm is in Somerset, KY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 859-309-0349 or by fax 859-309-0941. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at thefamilywealthgroup.com and its LinkedIn profile.