Alan B. Lancz & Associates, Inc. (Toledo)

Name: Alan B. Lancz & Associates, Inc.
Address: 2400 N Reynolds Rd, Toledo, OH, 43615
Telephone: 419-536-5200

Alan B. Lancz & Associates, Inc. is a large advisory firm based in Toledo. It manages $152.22 million of regulatory assets for 115 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Michigan, New York, Ohio, and Texas.

Alan B. Lancz & Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Alan B. Lancz & Associates: assets under management

The assets under management (AUM) of Alan B. Lancz & Associates, Inc. is $152.22 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -1% since the beginning of its operation, and $2.43 million of the total AUM is attributable to clients outside of the United States.

The firm manages $152.22 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.32 million each.

Investments

The firm invests in exchange traded securities the most. They account for 70% 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 investment and business development companies form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Alan B. Lancz & Associates, Inc. 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 Alan Bruce Lancz serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Alan Bruce Lancz is high net worth individuals with 84 clients and $130.71 million of assets under management. Among the 9 most similar advisory firms, Alan B. Lancz & Associates has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $145.8 million for 110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Alan B. Lancz & Associates doesn't advise any private funds.

Careers at Alan B. Lancz & Associates, Inc.

The company employs 5 people that are either part- or full-time employees. 80 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
Alan Bruce Lancz	President/ chief compliance officer	1 Mar 1985	75% - 100%	731986

Based in Toledo

The principal office where Alan B. Lancz & Associates, Inc. performs its advisory services is located at 2400 N Reynolds Rd, Toledo, OH 43615, 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 419-536-5200 or by fax 419-536-5401. 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 ablonline.com.