J.Derek Lewis & Associates, Inc. (Newport Beach)


J.Derek Lewis & Associates, Inc. is a large advisory firm based in Newport Beach. It manages $778.23 million of regulatory assets for 1,198 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 4 other states.

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

J.Derek Lewis & Associates: assets under management

The assets under management (AUM) of J.Derek Lewis & Associates, Inc. is $778.23 million. The firm's AUM has grown by 1241% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $653.21 million in discretionary accounts and $125.02 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $573.49 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.12 million.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 7% of the firm’s portfolio. Investments in non-exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay J.Derek Lewis & 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 J.Derek Lewis & Associates serves?

The firm provides services to individuals, charitable organizations, other investment advisers, high net worth individuals, and pension and profit sharing plans. The largest group of clients of J.Derek Lewis & Associates is high net worth individuals with 175 clients and $358.56 million of assets under management. Among the 9 most similar advisory firms, J.Derek Lewis & Associates has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $778.23 million for 1,198 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

J.Derek Lewis & Associates doesn't advise any private funds.

Careers at J.Derek Lewis & Associates, Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 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.

Rion James Dalby joined the executive team most recently as the Financial Adviser Owner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
John Derek Lewis President; director 1 Aug 1980 25% - 50% 308709
Nancy Kay Lewis Secretary 1 Oct 1997 Other 2351506
Linda Susan Parker Chief financial officer 1 Jul 2001 Other 1188674
Kathryn Elizabeth Espinili Coo 1 Oct 2005 Other 1220070
Kathryn Elizabeth Espinili Chief compliance officer 1 Sep 2007 Other 1220070
Reny Vessela M Greenleaf Chief financial officer 1 Aug 2008 Other 5479673
Reny Vessela T Madjarska Chief financial officer 1 Aug 2008 Other 5479673
Kelly Allan Dunagan Vice president 1 Sep 2011 Other 4777170
Douglas Glenn Hyepock Vice president 1 Sep 2011 Other 2282539
Robert Wayne Knutsen Chief operating officer 1 Aug 2013 Other 5639871
Robert Wayne Knutsen Chief executive officer 1 Jan 2014 Other 5639871
Rion James Dalby Financial adviser - owner 1 Jan 2014 Other 5122686
John Derek Lewis President; director 1 Jan 2014 75% - 100% 308709

Based in Newport Beach

The principal office where J.Derek Lewis & Associates, Inc. performs its advisory services is located at 1001 Dove Street, Newport Beach, CA 92660 2820, 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 949-752-9096 or by fax 949-752-0631. The normal business hours are 6:30 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at jdla-advisers.com.