Lynch & Associates Inc (Newburgh)

Name: Lynch & Associates Inc
Address: 10644 Newburgh Rd, Newburgh, IN, 47630 8845
Telephone: 812-853-0878

Lynch & Associates Inc is a large advisory firm based in Newburgh. It manages $434.06 million of regulatory assets for 1,527 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, Illinois, and 6 other states.

Lynch & Associates provides portfolio management for individuals and small businesses, 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.

Lynch & Associates: assets under management

The assets under management (AUM) of Lynch & Associates Inc is $434.06 million. The firm's AUM has grown by 108% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $380.53 million in discretionary accounts and $53.54 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $273.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $393.64 thousand.

Lynch & Associates has custody of $399.32 million in cash and securities for 495 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 87% of the total AUM. The second-largest asset type is state and local bonds, which make up 7% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lynch & Associates Inc 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 Ryan Thomas Lynch serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Ryan Thomas Lynch is individuals with 500 clients and $261.21 million of assets under management. Among the 11 most similar advisory firms, Lynch & Associates has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $429.26 million for 550 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.

Lynch & Associates doesn't advise any private funds.

Careers at Lynch & Associates Inc

The company employs 5 people that are either part- or full-time employees. 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.

Ryan Thomas Lynch has been acting as President since 1 Dec 2013. Jeffrey Wendorff Foye joined the executive team most recently as the Senior Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Patrick Lynch	Chairman	1 Nov 1994	75% - 100%	865691
James Lee Mumford	Sr vp/secretary	1 Nov 1994	Other	1335931
Ryan Thomas Lynch	Compliance officer/vp	1 Aug 1995	Other	2259937
John Zachary Hopkins	Asst vice president	1 May 1999	Other	4358638
Timothy William Roe	Vice president	1 May 1999	Other	2257829
Ryan Thomas Lynch	Compliance officer/vp	1 Aug 1999	Other	2259937
Wayne Clinton Ramsey	Senior vice president	1 Feb 2000	Other	1169972
Jeffrey Wendorff Foye	Vice president	1 Feb 2000	Other	4358636
Timothy William Roe	Vice president	1 May 2000	Other	2257829
James Daniel Lynch	Associate	1 Oct 2003	Other	4750271
James Daniel Lynch	Vice president	1 Jan 2007	Other	4750271
Jennifer Lee Farless	Associate	1 Jun 2011	Other	4180033
Jeffrey Wendorff Foye	Senior vice president	1 Dec 2013	Other	4358636
Ryan Thomas Lynch	President	1 Dec 2013	Other	2259937
James Daniel Lynch	Senior vice president	1 Dec 2013	Other	4750271
Jennifer Lee Farless	Vice president/chief compliance officer	1 Dec 2013	Other	4180033

Based in Newburgh

The principal office where Lynch & Associates Inc performs its advisory services is located at 10644 Newburgh Rd, Newburgh, IN 47630 8845 The mailing address of the firm is P.O. Box 5585, Evansville, IN 47716 5585. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 812-853-0878 or by fax 812-853-0798. The normal business hours are 8:00 am to 4:30 pm on Monday - Friday. You can find more information about the New York firm at lnaonline.com/.