L. C. Bhandari & Co. (Medford)

L. C. Bhandari & Co. is a large advisory firm based in Medford. It manages $194 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2001.

L. C. Bhandari & provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

L. C. Bhandari &: assets under management

The assets under management (AUM) of L. C. Bhandari & Co. is $194 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 272% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $194 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $97 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay L. C. Bhandari & Co. for their services and products based on a percentage of assets under management and fixed 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.

Careers at L. C. Bhandari & Co.

The company employs 1 person that is either a part- or full-time employee. 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Laxmi Chand Bhandari	Chief executive officer & chief compliance officer	1 Jun 1998	75% - 100%	2136936
Basanti Kumari Bhandari	Share-holder	1 Jun 1998	75% - 100%	4393778
Neelam Kumari Bhandari	Senior vice president	1 Jun 1998	75% - 100%	4393781
Tara Kumari Bhandari	Share-holder	1 Jun 1998	75% - 100%	4393783
Raj Kumar Bhandari	Share-holder	1 Jun 1998	75% - 100%	4393784
Tara Kumari Bhandari	Senior vice president	1 Jan 2010	75% - 100%	4393783

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Laxmi Chand Bhandari	Custodian	1 Apr 1999	Other	2136936

Based in Medford

The principal office where L. C. Bhandari & Co. performs its advisory services is located at 6 Pine Acres Drive, Medford, NJ 08055 9577, 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 908-232-5193. The normal business hours are by appointment on Monday - Friday.