Lauer Capital Management Ltd (Sioux Falls)

Name: Lauer Capital Management Ltd
Address: 1720 S. Spring Avenue, Sioux Falls, SD, 57105
Telephone: 605-357-8088

Lauer Capital Management Ltd is a large advisory firm based in Sioux Falls. It manages $219.64 million of regulatory assets for 104 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of South Dakota.

Lauer Capital Management provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lauer Capital Management: assets under management

The assets under management (AUM) of Lauer Capital Management Ltd is $219.64 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 287% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $219.64 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.11 million each.

Lauer Capital Management has custody of $33.38 million in cash and securities for 28 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment grade corporate bonds the most. They account for 24% of the total AUM. The second-largest asset type is exchange traded securities, which make up 24% of the firm’s portfolio. Investments in non-exchange traded securities form 17% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lauer Capital Management Ltd for their services and products based on a percentage of assets under management and hourly charges. 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 Richard Thomas Lauer serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Richard Thomas Lauer is high net worth individuals with 44 clients and $184.49 million of assets under management. Among the 9 most similar advisory firms, Lauer Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $209.67 million for 100 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.

Lauer Capital Management doesn't advise any private funds.

Careers at Lauer Capital Management Ltd

The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. No 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 Thomas Lauer has been acting as President since 1 Nov 1994. Richard Dana Lauer joined the executive team most recently as the Director, Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Richard Thomas Lauer	President	1 Nov 1994	75% - 100%	2096666
Richard Dana Lauer	Director, chief compliance officer	1 Dec 1999	Other	303514

Based in Sioux Falls

The principal office where Lauer Capital Management Ltd performs its advisory services is located at 1720 S. Spring Avenue, Sioux Falls, SD 57105, 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 605-357-8088 or by fax 605-338-2105. The normal business hours are 8 am to 5 pm on Monday - Friday. You can find more information about the New York firm at lauercapital.com.