Lend Academy Investments, LLC (New York)

Name: Lend Academy Investments, LLC
Address: 335 Madison Avenue, New York, NY, 10017
Telephone: 720-251-2335

Lend Academy Investments, LLC is a large advisory firm based in New York. It manages $262.82 million of regulatory assets for 15,256 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of Alabama, Alaska, Arkansas, and 43 other states.

Lend Academy Investments provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, selection of other advisers, publication of newsletters, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lend Academy Investments: assets under management

The assets under management (AUM) of Lend Academy Investments, LLC is $262.82 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 126561% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $262.82 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $17.23 thousand each.

Lend Academy Investments has custody of $6.33 million in cash and securities for 2 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lend Academy Investments, 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 Peter Andrew Renton serves?

The firm provides services to individuals and pooled investment vehicles. The largest group of clients of Peter Andrew Renton is individuals with 15,254 clients and $256.5 million of assets under management. Among the 11 most similar advisory firms, Lend Academy Investments has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $262.82 million for 15,256 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.

Lend Academy Investments also advises several private funds. Namely, one hedge fund and one other private fund. The minimum investment commitment required of non-related persons is $250,000 for each fund.

Careers at Lend Academy Investments, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Peter Andrew Renton has been acting as President since 1 Oct 2013. Summer Dawn Tucker joined the executive team most recently as the Managing Director And Cco.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Cardinal Rose Group	Member	1 Oct 2013	75% - 100%	46-3780629
Peter Andrew Renton	Director	1 Oct 2013	Other	6277424
Bo Daniel Brustkern	Chief executive officer and cco	1 Mar 2015	Other	5857679
Lend Core Llc	Member	1 Mar 2015	75% - 100%	47-3451498
Lend Core Inc	Member	1 Mar 2015	75% - 100%	47-3451498
Summer Dawn Tucker	Managing director and cco	1 Apr 2018	Other	xxx-xx-xxxx

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Bo Daniel Brustkern	Member - manager	1 Oct 2013	Other	5857679
Jason Matthew Jones	Member - manager	1 Oct 2013	25% - 50%	2701587
Cardinal Rose Group	Member	1 Mar 2015	75% - 100%	46-3780629

Based in New York

The principal office where Lend Academy Investments, LLC performs its advisory services is located at 335 Madison Avenue, New York, NY 10017 The mailing address of the firm is 66 S Logan Street, Denver, CO 80209. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 720-251-2335. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at invest.lendacademy.com.