Lanark Financial, Inc.

Broker-DealerFINRA Member
Total AUM
$1.8B
Discretionary
$795M
45% of AUM
Accounts
4,966
Employees
68
Advisory reps
85
Brokerage reps
67

Firm details

Headquarters
Birmingham, Alabama
CRD number
17870
Registered since
January 3, 2001
Website
www.nbcsecurities.com
Custodians
RBC CAPITAL MARKETS, LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • Individuals49.42%
  • HNWI38.99%
  • Corporations / Businesses5.41%
  • Charitable Organizations4.99%
  • Pension & Profit Sharing Plans1.19%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Lanark Financial, Inc. is structured as a corporation operating as an independent broker-dealer and registered investment adviser. The firm is SEC-registered (registered in 2001) and positions itself as a capital allocator that serves both individual/family and institutional clients. Its revenue model includes asset-based fees as well as hourly and fixed-fee engagements, and the firm conducts brokerage and insurance activities alongside advisory services. On the advisory side Lanark offers financial planning and portfolio management for individuals, small businesses and institutions, selection of outside managers, pension consulting support, and educational seminars. The firm also acts as a registered representative of a broker-dealer and as an insurance broker, which aligns with its use of annuities and other insurance-linked products.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 47%, Public Funds/Mutual Funds 45%, Cash & Cash Equivalents 3%, State & Local Bonds 2%, Investment Grade Corp Bonds 2%, US Government Bonds 1%47%
  • Exchange Traded Equities47%
  • Public Funds/Mutual Funds45%
  • Cash & Cash Equivalents3%
  • State & Local Bonds2%
  • Investment Grade Corp Bonds2%

Owners & executives

3 of 6
  • Pierre Allard

    Pierre Allard

    Chief Investment OfficerCRD 5860780

  • Harold Miller

    Harold Miller

    Chief Compliance OfficerCRD 4214267

  • David Sutphin

    Chief Compliance OfficerCRD 2747358

Unlock 3 more executives →

Contacts

3 of 79
  • Neil Bales

    Neil Bales

    Registered RepresentativeCRD 5757447

  • Armand Atkinson

    Armand Atkinson

    Wealth ManagerCRD 5167229

  • Sapna Goel

    Registered Sales AssistantCRD 5178336

Unlock 76 more contacts →

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 1,179

Active vs passive

$790M in ETFs

Passive

80%

$629M

Active

10%

$161M

ETFProviderStyleCategoryValueShares% of portfolio
SPDR S&P 500 ETF TRUST (SPY)State StreetPassiveLarge Blend$34.4M45,0864.35%
Unlock additional holdings →

Location

Primary office

Birmingham, AL

Jefferson

Location

Birmingham, AL

Headquartered in Birmingham, AL, anchoring the Birmingham-Hoover-Talladega, AL metro in the South.

Metro area
Birmingham-Hoover-Talladega, AL
Region
South
County
Jefferson
Address
1927 1st Ave N
Time zone
CT (UTC-6)
Office locations

Similar firms

BHK Securities, LLC

Broker-Dealer

Birmingham, AL

AUM $128MTEAM 8REPS 4

SCA Development, LLC

Broker-Dealer

Birmingham, AL

AUM —REPS 4

Investment Distributors, Inc.

Broker-Dealer

Birmingham, AL

AUM —REPS 233

Fnbb Capital Markets, LLC

Broker-Dealer

Birmingham, AL

AUM —TEAM 27REPS 28

Founders M&A Advisory, LLC

Broker-Dealer

Birmingham, AL

AUM —REPS 21

LEC Investment Corp.

Broker-Dealer

Birmingham, AL

AUM —REPS 6
More Broker-Dealers in Birmingham →All Alabama Broker-Dealers →