Lokken Investment Group, LLC is a large advisory firm based in Lewes. It manages $125.46 million of regulatory assets for 637 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Delaware, Florida, Maryland, and Pennsylvania.
Lokken Investment Group provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for pooled investment vehicles. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lokken Investment Group, LLC is $125.46 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Lokken Investment Group, LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pooled investment vehicles. The largest group of clients of Lokken Investment Group is high net worth individuals with 37 clients and $66.86 million of assets under management. Among the 8 most similar advisory firms, Lokken Investment Group has the 4th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $125.46 million for 252 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.
Lokken Investment Group also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. 2 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 Lokken Investment Group, LLC performs its advisory services is located at 1413 Savannah Road,, Lewes, DE 19958, 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 302-645-6650. The normal business hours are 9:00 am -4:30 pm on Monday - Friday. You can find more information about the New York firm at lokkeninvest.com/.