{
  "crd_number": 111002,
  "slug": "lee-danner-and-bass-inc-nashville-tn-111002",
  "primary_business_name": "LEE DANNER & BASS INC",
  "legal_name": "LEE DANNER & BASS INC",
  "dbas": [],
  "city": "Nashville",
  "state": "TN",
  "country": "United States",
  "cbsa_code": "34980",
  "metro": {
    "cbsa_code": "34980",
    "common_name": "Nashville",
    "msa_name": "Nashville-Davidson--Murfreesboro--Franklin, TN",
    "path": "/advisors/tn/nashville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1987-11-27",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-07-01",
  "carried_forward": false,
  "raum_total": 1975488723.0,
  "raum_discretionary": 1975488723.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 11,
  "advisory_employees": 6,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 201943915.0,
      "count": 49
    },
    "individuals": {
      "raum": 0.0,
      "count": 0
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 5533744.0,
      "count": 3,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1727659896.0,
      "count": 959
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 40351168.0,
      "count": 9
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "CA",
    "CO",
    "FL",
    "GA",
    "IL",
    "IN",
    "KY",
    "MO",
    "MS",
    "NC",
    "NY",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA"
  ],
  "websites": [
    "https://leedannerbass.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111002",
  "city_as_filed": "NASHVILLE",
  "url": "https://advisorcensus.com/firm/lee-danner-and-bass-inc-nashville-tn-111002",
  "display_name": "Lee Danner & Bass Inc",
  "summary": "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.",
  "citation": "AdvisorCensus. Lee Danner & Bass Inc (CRD 111002): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Lee Danner & Bass Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Lee Danner & Bass Inc reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Lee Danner & Bass Inc's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Lee Danner & Bass Inc located?",
      "a": "Lee Danner & Bass Inc's principal office is in Nashville, TN, according to its Form ADV."
    },
    {
      "q": "Is Lee Danner & Bass Inc registered with the SEC or a state?",
      "a": "Lee Danner & Bass Inc is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 111002."
    },
    {
      "q": "How much does Lee Danner & Bass Inc manage?",
      "a": "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)."
    },
    {
      "q": "How have Lee Danner & Bass Inc's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Lee Danner & Bass Inc serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Lee Danner & Bass Inc use?",
      "a": "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."
    },
    {
      "q": "Does Lee Danner & Bass Inc report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Lee Danner & Bass Inc state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Lee Danner & Bass Inc's recent Form ADV filings?",
      "a": "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)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1241461912.0,
      "total_employees": 12,
      "filing_date": "2021-09-09"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1475356161.0,
      "total_employees": 12,
      "filing_date": "2022-06-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1393841062.0,
      "total_employees": 12,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1539122999.0,
      "total_employees": 12,
      "filing_date": "2024-03-27"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1758980045.0,
      "total_employees": 12,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1975488723.0,
      "total_employees": 11,
      "filing_date": "2026-07-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 30, 2026",
    "tiers": [
      {
        "band": "Up to $2,000,000",
        "rate": "0.75%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "0.6%"
      },
      {
        "band": "Above $5,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "While there are no account relationship minimums of account size, the annual fee minimum applies."
        ]
      }
    ],
    "quotes": [
      "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%",
      "While there are no account relationship minimums of account size, the annual fee minimum applies."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/lee-danner-and-bass-inc-nashville-tn-111002.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 959,
      "fewer_than_5": false,
      "raum": 1727659896.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 5533744.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 49,
      "fewer_than_5": false,
      "raum": 201943915.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 9,
      "fewer_than_5": false,
      "raum": 40351168.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111002",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}