Lawrence Wealth Management, LLC (Englewood)

Name: Lawrence Wealth Management, LLC
Address: 10500 Spring Green Drive, Englewood, CO, 80112
Telephone: 215-540-0896

Lawrence Wealth Management, LLC is an adviser based in Englewood. It manages $32 million of regulatory assets for 195 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Colorado and Pennsylvania.

Lawrence Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lawrence Wealth Management: assets under management

The assets under management (AUM) of Lawrence Wealth Management, LLC is $32 million. The firm's AUM has grown by 39% since the beginning of its operation, and $500 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $29 million in discretionary accounts and $3 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $221.37 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $46.88 thousand.

Investments

The firm invests in other assets the most. They account for 51% of the total AUM. The second-largest asset type is exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 15% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lawrence Wealth Management, LLC for their services and products based on a percentage of assets under management. 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 Lawrence Wealth Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Lawrence Wealth Management is individuals with 40 clients and $30 million of assets under management. Among the 0 most similar advisory firms, Lawrence Wealth Management has the 0th lowest percentage of individuals out of all clients.

The amount of regulatory assets under management is $32 million for 42 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Lawrence Wealth Management doesn't advise any private funds.

Careers at Lawrence Wealth Management, LLC

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. 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Stuart Lawrence	Managing member	1 May 2008	75% - 100%	1751936
Peter Hessenbruch Havens	Chief compliance officer	1 Jul 2016	Other	4376608

Based in Englewood

The principal office where Lawrence Wealth Management, LLC performs its advisory services is located at 10500 Spring Green Drive, Englewood, CO 80112, which is also the mailing address of the firm. An additional office of the firm is in West Conshohocken, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 215-540-0896. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at lawrencewealthmanagement.com.