Lji Wealth Management, LLC is a large advisory firm based in Indianapolis. It manages $244.04 million of regulatory assets for 1,593 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Florida, Illinois, Indiana, and Pennsylvania.
Lji Wealth Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as mortgage broker.
The assets under management (AUM) of Lji Wealth Management, LLC is $244.04 million. The firm's AUM has grown by 542% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Lji Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Layton Leon John is individuals with 559 clients and $144.74 million of assets under management. Among the 11 most similar advisory firms, Lji Wealth Management has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $244.04 million for 613 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.
Lji Wealth Management doesn't advise any private funds.
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’s a single person 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.
Layton Leon John has been acting as President since 1 Oct 2008. Joshua David John joined the executive team most recently as the Investment Adviser Representative.
The principal office where Lji Wealth Management, LLC performs its advisory services is located at 6569 Carrollton Avenue, Indianapolis, IN 46220, which is also the mailing address of the firm. An additional office of the firm is in Canonsburg, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 317-466-9702 or by fax 317-466-9706. The normal business hours are 8:00 a.m. to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at ljiwm.com.