Lieblong & Associates, Inc. (Little Rock)


Lieblong & Associates, Inc. is a large advisory firm based in Little Rock. It manages $129.3 million of regulatory assets for 95 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of Arkansas.

Lieblong & Associates provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lieblong & Associates: assets under management

The assets under management (AUM) of Lieblong & Associates, Inc. is $129.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -23% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $129.3 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.36 million each.

Investments

The firm invests in investment and business development companies the most. They account for 91% of the total AUM. The second-largest asset type is exchange traded securities, which make up 6% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lieblong & Associates, Inc. for their services and products based on a percentage of assets under management and performance-based fees. 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.

What kind of clients Alex Ray Lieblong serves?

The firm provides services to individuals, high net worth individuals, and pooled investment vehicles. The largest group of clients of Alex Ray Lieblong is pooled investment vehicles with 1 clients and $76.7 million of assets under management. Among the 11 most similar advisory firms, Lieblong & Associates has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $122.21 million for 72 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.

Lieblong & Associates also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $2,000,000 for each fund.

Careers at Lieblong & Associates, Inc.

The company employs 5 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Alex Ray Lieblong has been acting as President since 1 May 1997. Ralph Clayton Iii Lehman joined the executive team most recently as the Options Principal, Lieblong & Associates, Inc..

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Alex Ray Lieblong President/chief executive officer, lieblong & associates, inc. 1 May 1997 75% - 100% 839906
Paul Allison Spann Sr. vice president/muni principal, lieblong & associates, inc. 1 Jun 1997 Other 722781
Jason Ray Lieblong Vice president, lieblong & associates, inc. 1 Jan 1998 Other 2366644
Alex Ray Lieblong Managing member, key colony management, llc ("relying adviser") 1 Jan 1999 75% - 100% 839906
Mary Ellen Williams Vp/cfo/finop/sec/treas/cco, lieblong & associates, inc. 1 May 2003 Other 4529272
Ralph Clayton Iii Lehman Options principal, lieblong & associates, inc. 1 Apr 2009 Other 1333730

Based in Little Rock

The principal office where Lieblong & Associates, Inc. performs its advisory services is located at 10809 Executive Center Drive, Little Rock, AR 72211 The mailing address of the firm is Po Box 24520, Little Rock, AR 72221. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 501-219-2003 or by fax 501-219-1162. The normal business hours are 8am - 4pm on Monday - Friday.