Lyon Capital Management, LLC (Pittsford)

Name: Lyon Capital Management, LLC
Address: 24 B Grove Street, Pittsford, NY, 14534
Telephone: 585-248-9821

Lyon Capital Management, LLC is a mid-sized advisory firm based in Pittsford. It manages $63.87 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Georgia, Massachusetts, and New York.

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

Lyon Capital Management: assets under management

The assets under management (AUM) of Lyon Capital Management, LLC is $63.87 million. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $62.47 million in discretionary accounts and $1.4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $726.35 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $466.88 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 64% of the total AUM. The second-largest asset type is government bonds, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lyon Capital 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 Douglass Clute Lyon serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Douglass Clute Lyon is high net worth individuals with 41 clients and $48.77 million of assets under management. Among the 4 most similar advisory firms, Lyon Capital Management has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $63.87 million for 89 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.

Lyon Capital Management doesn't advise any private funds.

Careers at Lyon Capital Management, 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. 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.

Douglass Clute Lyon has been acting as President since 1 Mar 1994. Kathleen M. Lyon joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Douglass Clute Lyon	President	1 Mar 1994	75% - 100%	4493774
Kathleen M. Lyon	Chief compliance officer	1 Mar 2006	Other	4493780

Based in Pittsford

The principal office where Lyon Capital Management, LLC performs its advisory services is located at 24 B Grove Street, Pittsford, NY 14534, which is also the mailing address of the firm. An additional office of the firm is in Sarasota, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 585-248-9821 or by fax 941-761-6499. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lyoncapital.com.