Lowenberg Group, LLC (Austin)

Lowenberg Group, LLC is a large advisory firm based in Austin. It manages $132.61 million of regulatory assets for 105 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdiction of Texas.

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

Lowenberg Group: assets under management

The assets under management (AUM) of Lowenberg Group, LLC is $132.61 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $132.61 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.26 million each.

Lowenberg Group has custody of $3.12 million in cash and securities for 2 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 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in cash and cash equivalents form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lowenberg Group, LLC for their services and products based on a percentage of assets under management and 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 Lowenberg Group serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Lowenberg Group is corporations or other businesses with 10 clients and $42.44 million of assets under management. Among the 9 most similar advisory firms, Lowenberg Group has the 2nd highest percentage of corporations or other businesses out of all clients.

The amount of regulatory assets under management is $75.28 million for 43 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.

Lowenberg Group doesn't advise any private funds.

Careers at Lowenberg Group, LLC

The company employs 8 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 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 receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Carlos Herman Lowenberg	Managing member	1 Nov 2017	75% - 100%	2626255
Julianne Rompel	Chief compliance officer	1 Nov 2017	Other	6611372
Scott Gilbert Kice	Chief operating officer	1 May 2018	Other	4791552

Based in Austin

The principal office where Lowenberg Group, LLC performs its advisory services is located at 901 S. Mopac Expressway Building 4, Austin, TX 78746, 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) 472-9033. The normal business hours are 8am - 5pm on Monday - Friday.