{ "crd_number": 105910, "slug": "lee-financial-company-llc-dallas-tx-105910", "primary_business_name": "LEE FINANCIAL COMPANY, LLC", "legal_name": "LEE FINANCIAL COMPANY, LLC", "dbas": [], "city": "Dallas", "state": "TX", "country": "United States", "cbsa_code": "19100", "metro": { "cbsa_code": "19100", "common_name": "Dallas", "msa_name": "Dallas-Fort Worth-Arlington, TX", "path": "/advisors/tx/dallas" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1975-04-26", "years_registered": 51, "period": "2026-10-01", "filing_date": "2026-07-31", "carried_forward": false, "raum_total": 1682470670.0, "raum_discretionary": 1651950665.0, "raum_non_discretionary": 30520005.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 39, "advisory_employees": 22, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 6154254.0, "count": null, "fewer_than_5": true }, "individuals": { "raum": 158445007.0, "count": 208 }, "pension_profit_sharing": { "raum": 30141258.0, "count": 11 }, "high_net_worth_individuals": { "raum": 1472540543.0, "count": 220 }, "pooled_investment_vehicles": { "raum": 15189608.0, "count": 4 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "FL", "ID", "LA", "NE", "NY", "OK", "OR", "TX", "WA" ], "websites": [ "https://leefin.com", "https://linkedin.com/company/leefinancialadvisor", "https://twitter.com/LFCADVISOR" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105910", "city_as_filed": "DALLAS", "url": "https://advisorcensus.com/firm/lee-financial-company-llc-dallas-tx-105910", "display_name": "Lee Financial Company, LLC", "summary": "Lee Financial Company, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 1975, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 31, 2026.", "citation": "AdvisorCensus. Lee Financial Company, LLC (CRD 105910): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Lee Financial Company, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Lee Financial Company, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Lee Financial Company, LLC located?", "a": "Lee Financial Company, LLC's principal office is in Dallas, TX, according to its Form ADV." }, { "q": "Is Lee Financial Company, LLC registered with the SEC or a state?", "a": "Lee Financial Company, LLC is an SEC-registered investment advisory firm, registered since 1975. Status as filed: Approved. CRD 105910." }, { "q": "How much does Lee Financial Company, LLC manage?", "a": "Lee Financial Company, LLC reports $1,682,470,670 in regulatory assets under management in its Form ADV filing dated July 31, 2026 (98% discretionary)." }, { "q": "How have Lee Financial Company, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for Lee Financial Company, LLC: Regulatory assets under management: $1,183,159,176 in the October 2021 data and $1,682,470,670 in the October 2026 data, up 42%. Total employees: 32 in October 2021 and 39 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Lee Financial Company, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (220); individuals (other than high net worth individuals) (208); pension and profit sharing plans (but not the plan participants or government pension plans) (11)." }, { "q": "Which custodians does Lee Financial Company, LLC use?", "a": "Lee Financial Company, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Lee Financial Company, LLC 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/105910" }, { "q": "What changed in Lee Financial Company, LLC's recent Form ADV filings?", "a": "In the August 2026 filing data: Registered or notice-filed in AZ." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1183159176.0, "total_employees": 32, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 1306481288.0, "total_employees": 34, "filing_date": "2022-08-12" }, { "period": "2023-10-01", "regulatory_assets_under_management": 1166341053.0, "total_employees": 35, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 1337614017.0, "total_employees": 36, "filing_date": "2024-04-16" }, { "period": "2025-10-01", "regulatory_assets_under_management": 1496621112.0, "total_employees": 39, "filing_date": "2025-07-11" }, { "period": "2026-10-01", "regulatory_assets_under_management": 1682470670.0, "total_employees": 39, "filing_date": "2026-07-31" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Registered or notice-filed in AZ." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $1,496,621,112 to $1,682,470,670 (+12%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE 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-financial-company-llc-dallas-tx-105910.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 208, "fewer_than_5": false, "raum": 158445007.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 220, "fewer_than_5": false, "raum": 1472540543.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 4, "fewer_than_5": false, "raum": 15189608.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 11, "fewer_than_5": false, "raum": 30141258.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 6154254.0 } ], "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/105910", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }