AdvisorCensus / Financial advisors / Tennessee / Nashville / Lee Danner & Bass Inc
Lee Danner & Bass Inc is an SEC-registered investment advisory firm in Nashville, TN, registered since 1987, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 1, 2026.
Quick answers
From the filingHow is Lee Danner & Bass Inc compensated?
On its Form ADV (Item 5.E, October 2026), Lee Danner & Bass Inc reports these compensation arrangements: a percentage of assets under its management.
What does Lee Danner & Bass Inc's brochure say about its fees?
Its Form ADV Part 2A brochure dated June 30, 2026 states: Up to $2,000,000: 0.75% a year; $2,000,000 to $5,000,000: 0.6% a year; Above $5,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Lee Danner & Bass Inc located?
Lee Danner & Bass Inc's principal office is in Nashville, TN, according to its Form ADV.
Is Lee Danner & Bass Inc registered with the SEC or a state?
Lee Danner & Bass Inc is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 111002.
How much does Lee Danner & Bass Inc manage?
Lee Danner & Bass Inc reports $1,975,488,723 in regulatory assets under management in its Form ADV filing dated July 1, 2026 (100% discretionary).
How have Lee Danner & Bass Inc's assets and staff changed since 2021?
In the Form ADV data for Lee Danner & Bass Inc: Regulatory assets under management: $1,241,461,912 in the October 2021 data and $1,975,488,723 in the October 2026 data, up 59%. Total employees: 12 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Lee Danner & Bass Inc serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (959); charitable organizations (49); corporations or other businesses not listed above (9).
Which custodians does Lee Danner & Bass Inc use?
Lee Danner & Bass Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Lee Danner & Bass Inc report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111002
Does Lee Danner & Bass Inc state an account minimum?
Its Form ADV Part 2A brochure dated June 30, 2026 says: "While there are no account relationship minimums of account size, the annual fee minimum applies."
What changed in Lee Danner & Bass Inc's recent Form ADV filings?
In the April 2026 filing data: Regulatory assets under management went from $1,758,980,045 to $1,975,488,723 (+12%). Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $2,000,000 | 0.75% |
| $2,000,000 to $5,000,000 | 0.6% |
| Above $5,000,000 | 0.5% |
The brochure's wording
LDB will manage Clients’ portfolios on a discretionary basis. For this service an annual fee will be charged that is determined by applying a percentage to the market value of assets under management in accordance with the schedule of fees below.
On first $2,000,000 .75%* .1875%*
On next $3,000,000 .60% .15%
On excess over $5,000,000 .50% .125%
Account minimum: None
The brochure's wording
While there are no account relationship minimums of account size, the annual fee minimum applies.
As stated in the firm's Form ADV Part 2A brochure dated June 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,975,488,723 as of October 2026, filing dated July 1, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1987 (38 years)
- Employees
- Total: 11. Performing investment advisory functions: 6.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
17 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,975,488,723 | 11 | July 1, 2026 |
| October 2025 | $1,758,980,045 | 12 | March 31, 2025 |
| October 2024 | $1,539,122,999 | 12 | March 27, 2024 |
| October 2023 | $1,393,841,062 | 12 | March 30, 2023 |
| October 2022 | $1,475,356,161 | 12 | June 28, 2022 |
| October 2021 | $1,241,461,912 | 12 | September 9, 2021 |
Regulatory assets under management: $1,241,461,912 in the October 2021 data and $1,975,488,723 in the October 2026 data, up 59%.
Total employees: 12 in October 2021 and 11 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Regulatory assets under management went from $1,758,980,045 to $1,975,488,723 (+12%).
- Updated its list of owners and control persons (Schedule A).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Lee Danner & Bass Inc (CRD 111002): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lee-danner-and-bass-inc-nashville-tn-111002