Sargent Bickham Lagudis, LLC (Boulder)

Name: Sargent Bickham Lagudis, LLC
Address: 4840 Pearl East Circle, Boulder, CO, 80301
Telephone: 303-443-2433

Sargent Bickham Lagudis, LLC is a large advisory firm based in Boulder. It manages $1.57 billion of regulatory assets for 3,025 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Arizona, California, Colorado, and 4 other states.

Sargent Bickham Lagudis provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sargent Bickham Lagudis: assets under management

The assets under management (AUM) of Sargent Bickham Lagudis, LLC is $1.57 billion. The firm's AUM has grown by 204% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.56 billion in discretionary accounts and $6.39 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $522.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $193.67 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 46% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in state and local bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sargent Bickham Lagudis, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard W Lawrence serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Richard W Lawrence is high net worth individuals with 359 clients and $1.11 billion of assets under management. Among the 11 most similar advisory firms, Sargent Bickham Lagudis has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.57 billion for 829 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.

Sargent Bickham Lagudis doesn't advise any private funds.

Careers at Sargent Bickham Lagudis, LLC

The company employs 26 people that are either part- or full-time employees. 65 percent of the employees work as investment advisers or researchers. 10 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.

Richard W Lawrence has been acting as President since 1 Jan 2014. Joshua Robert Miller joined the executive team most recently as the Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Christopher Michael Lagudis	Vice president	1 Dec 1998	25% - 50%	1023031
Patricia Forman Meneley	Secretary/treasurer/chief compliance officer/chief operating officer	1 Dec 1998	Other	1556259
Bradley Scott Bickham	President	1 Dec 1998	50% - 75%	1342965
Bradley Scott Bickham	Chief investment officer / chairman	1 Jan 2014	50% - 75%	1342965
Richard W Lawrence	Chief executive officer/president	1 Jan 2014	Other	6308504
Luke Robert Daniel	Partner	1 Mar 2015	Other	4280805
Meagan D'angelo	Partner	1 Mar 2015	Other	5514768
Joshua Robert Miller	Partner	1 Jan 2016	Other	4395410
David E Eads	Partner	1 Jan 2016	Other	6058093

Based in Boulder

The principal office where Sargent Bickham Lagudis, LLC performs its advisory services is located at 4840 Pearl East Circle, Boulder, CO 80301, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-443-2433 or by fax 303-443-0254. The normal business hours are 8am to 5pm on Monday - Friday. You can find more information about the New York firm at sblfinancial.com.