The Lyme Timber Company LP (Hanover)

Name: The Lyme Timber Company LP
Address: 23 South Main Street, Hanover, NH, 03755
Telephone: 603-643-3300

The Lyme Timber Company LP is a large advisory firm based in Hanover. It manages $779.24 million of regulatory assets for 9 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdiction of New Hampshire.

The Lyme Timber Company provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and consulting services on land conservation strategy; administrative and accounting services for related entities. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Lyme Timber Company: assets under management

The assets under management (AUM) of The Lyme Timber Company LP is $779.24 million. The firm's AUM has grown by 350% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

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

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Lyme Timber Company LP for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Lyme Timber Company serves?

The only and largest group of clients of The Lyme Timber Company is pooled investment vehicles with 8 clients and $633.66 million of assets under management. Among the 9 most similar advisory firms, The Lyme Timber Company has the 4th highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $633.66 million for 8 clients. None of the firm’s clients are foreign persons or businesses.

The Lyme Timber Company doesn't advise any private funds.

Careers at The Lyme Timber Company LP

The company employs 15 people that are either part- or full-time employees. 100 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
James William Hourdequin	Managing director	1 May 2009	Other	6374688
Thomas Reid Morrow	Managing director	1 May 2009	Other	6374691
Peter Richard Stein	Managing director	1 May 2009	Other	6374694
Ltc Partners Lp	Limited partner	1 May 2009	Other	02-0329146
Ltc Gp Llc	General partner	1 May 2009	Other	27-2143905
David Paul Hoffer	Managing director, general counsel, chief compliance officer	1 Jul 2014	Other	4666205
David P Hoffer	Chief compliance officer	1 Jul 2014	Other	4666205
Sean T. Ross	Managing director	1 Jan 2018	Other	6912459

Indirect Owners

The SEC currently registers 6 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Woodland Management Associates	General partner	1 Jul 1998	Other	02-0331959
David M. Roby 2012 Living Trust	Limited partner	1 Jul 2012	25% - 50%	xxx-xx-xxxx
David Mccandless Roby	Trustee	1 Jul 2012	Other	6374791
David Mccandless Roby Ii	Trustee	1 Jul 2012	Other	6374797
Jennifer Winthrop Roby	Trustee	1 Jul 2012	Other	6374798
Barbara Dunn Roby	Trustee	1 Jul 2012	Other	6374799

Based in Hanover

The principal office where The Lyme Timber Company LP performs its advisory services is located at 23 South Main Street, Hanover, NH 03755, 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 603-643-3300 or by fax 603-643-0331. The normal business hours are 8:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lymetimber.com.