Lucien Stirling & Gray Advisory Group Inc (Austin)


Lucien Stirling & Gray Advisory Group Inc is a large advisory firm based in Austin. It manages $178.17 million of regulatory assets for 1,168 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Nebraska, New Hampshire, and Texas.

Lucien Stirling & Gray Advisory Group provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lucien Stirling & Gray Advisory Group: assets under management

The assets under management (AUM) of Lucien Stirling & Gray Advisory Group Inc is $178.17 million. The firm's AUM has grown by 520% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $137.65 million in discretionary accounts and $40.52 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $208.55 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $79.77 thousand.
Lucien Stirling & Gray Advisory Group has custody of $170.71 million in cash and securities for 288 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 89% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 11% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lucien Stirling & Gray Advisory Group Inc 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 Thomas Gray Twombly 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 Thomas Gray Twombly is high net worth individuals with 68 clients and $93.8 million of assets under management. Among the 6 most similar advisory firms, Lucien Stirling & Gray Advisory Group has the lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $178.17 million for 295 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.

Lucien Stirling & Gray Advisory Group doesn't advise any private funds.

Careers at Lucien Stirling & Gray Advisory Group Inc

The company employs 6 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 6 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.

Thomas Gray Twombly has been acting as President since 1 Jul 2001. Robert Stirling Phipps joined the executive team most recently as the Outside Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Stirling Phipps President 1 Oct 1992 25% - 50% 1676726
Thomas Gray Twombly Exec. vp 1 Oct 1992 25% - 50% 1296874
Walter Lucien Wilson Vp-operations 1 Nov 1993 25% - 50% 1405967
Thomas Gray Twombly President 1 Jul 2001 50% - 75% 1296874
Walter Lucien Wilson Chief compliance officer 1 Jul 2001 50% - 75% 1405967
Robert Stirling Phipps Exec. v.p. investment ofcr. 1 Jul 2001 25% - 50% 1676726
Robert Stirling Phipps Sr. advisor associate 1 Oct 2004 25% - 50% 1676726
Robert Stirling Phipps Outside shareholder 1 Jul 2005 25% - 50% 1676726

Based in Austin

The principal office where Lucien Stirling & Gray Advisory Group Inc performs its advisory services is located at 4005 Guadalupe St., Austin, TX 78751, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 512-458-2517 or by fax 512-458-3120. The normal business hours are 0900-1700 on Monday - Friday. You can find more information about the New York firm at lsggroup.com.

Registered investment advisers similar to Lucien Stirling & Gray Advisory Group Inc