LIPSCOMB INVESTMENT GROUP, LLC

RIASEC Registered

Total AUM

$80.2M

Discretionary

$78.2M

97% of AUM

Avg account

$511K

Accounts

157

Employees

Advisory reps

Firm details

Headquarters: AUBURN, Alabama
CRD number: 131869
Website: lipscombwealth.com
Custodians: CHARLES SCHWAB & CO., INC., SEI INVESTMENTS DISTRIBUTION CO.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types: HNWI78.34%
Individuals17.5%
Pension & Profit Sharing Plans2.39%
Pooled Investment Vehicles1.37%
Corporations / Businesses0.22%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Lipscomb Investment Group, LLC is an independent registered investment adviser organized as an LLC that serves both individual/family and institutional clients. The firm operates as a capital allocator and offers fee arrangements that include a percentage of AUM, hourly and fixed fees, and performance-based fees. Its advisory capabilities span financial planning, discretionary portfolio management for individuals, small businesses, pooled vehicles and institutions, selection of other advisers, and pension consulting services. The firm is not positioned as an active ESG investor and is not identified as a multi-state or newly formed adviser in the available records. On the affiliation side, Lipscomb functions in sponsor and sponsor-related roles for pooled vehicles and can act as a GP/managing member of such vehicles, indicating it both refers to and originates pooled investment structures in addition to providing advisory services.