Owen Larue, LLC (Elizabethtown)


Owen Larue, LLC is a large advisory firm based in Elizabethtown. It manages $130.97 million of regulatory assets for 536 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Kentucky, and New Hampshire.

Owen Larue provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Owen Larue: assets under management

The assets under management (AUM) of Owen Larue, LLC is $130.97 million. The firm's AUM has grown by 9% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $98.73 million in discretionary accounts and $32.25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $186.63 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4.61 million.
Owen Larue has custody of $2.4 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 43% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 26% of the firm’s portfolio. Investments in exchange traded securities form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Owen Larue, LLC 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 Owen Larue serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Owen Larue is individuals with 347 clients and $88.23 million of assets under management. Among the 11 most similar advisory firms, Owen Larue has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $130.97 million for 366 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.

Owen Larue doesn't advise any private funds.

Careers at Owen Larue, LLC

The company employs 2 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
James Harrison Owen Managing member 1 Jul 2017 50% - 75% 5454356
Robert Benjamin Larue Managing member, cco 1 Jul 2017 50% - 75% 1920782

Based in Elizabethtown

The principal office where Owen Larue, LLC performs its advisory services is located at 109 W. Poplar Street, Elizabethtown, KY 42701, 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 270-769-9995. The normal business hours are 8:30am to 4:30 m-th, 8:30 to 12pm fri on Monday - Friday. You can find more information about the New York firm at owenlarue.com.

Registered investment advisers similar to Owen Larue, LLC