Lombard Advisers is an SEC-registered RIA (please see form ADV Part II) and a wholly-owned subsidiary of Lombard Securities. We offer self-managed advisory plans for your clients as well as outside asset management, and asset allocation models to assist you in securities selection. The firm also owns a proprietary longer-term market timing model which advised selling stocks prior to the latest bear market which started in February 2020.
All accounts are held directly by our clearing firm/custodian and they handle asset billing and statement reporting. For adviser representatives who manage their accounts directly, your clients will pay quarterly advisory fees in advance of each quarter which is deducted from the account balance along with a flat fee of $25 per year to cover billing and reporting expenses.
For Finacial Advisors who want to utilize managed account programs, the firm offers a full suite of SMA accounts and low-cost mutual fund / ETF managed programs through First Clearing /WFCS.