Lovett Investment Consulting LLC (Steamboat Springs)

Lovett Investment Consulting LLC is a large advisory firm based in Steamboat Springs. It manages $137.27 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Colorado.

Lovett Investment Consulting provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lovett Investment Consulting: assets under management

The assets under management (AUM) of Lovett Investment Consulting LLC is $137.27 million. The firm's AUM has grown by 37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $97.84 million in discretionary accounts and $39.43 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.81 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $773.16 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 51% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 21% of the firm’s portfolio. Investments in other assets form 10% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lovett Investment Consulting LLC for their services and products based on fixed 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 Lovett Investment Consulting serves?

The only and largest group of clients of Lovett Investment Consulting is high net worth individuals with 27 clients and $129.23 million of assets under management. Among the 8 most similar advisory firms, Lovett Investment Consulting has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $129.23 million for 27 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.

Lovett Investment Consulting doesn't advise any private funds.

Careers at Lovett Investment Consulting LLC

The company employs 1 person that is either a part- or full-time employee. 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
Daniel Clay Lovett	Managing member/chief compliance officer	1 Jan 2007	75% - 100%	5287186

Based in Steamboat Springs

The principal office where Lovett Investment Consulting LLC performs its advisory services is located at 1385 Blue Spruce Court, Steamboat Springs, CO 80487, 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 970-367-7574 or by fax 970-875-7034. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday.