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Lehrer Financial & Economic Advisory Services
Filed as LEHRER FINANCIAL & ECONOMIC ADVISORY SERVICES · Legal name Lehrer Kenneth Eugene DR
Lehrer Financial & Economic Advisory Services is an SEC-registered investment advisory firm in Houston, TX, registered since 1985, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.
Quick answers
From the filingHow is Lehrer Financial & Economic Advisory Services compensated?
On its Form ADV (Item 5.E, October 2026), Lehrer Financial & Economic Advisory Services reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees).
Where is Lehrer Financial & Economic Advisory Services located?
Lehrer Financial & Economic Advisory Services' principal office is in Houston, TX, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Lehrer Financial & Economic Advisory Services registered with the SEC or a state?
Lehrer Financial & Economic Advisory Services is an SEC-registered investment advisory firm, registered since 1985. Status as filed: Approved. CRD 105835.
How much does Lehrer Financial & Economic Advisory Services manage?
Lehrer Financial & Economic Advisory Services reports $286,300,000 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (0% discretionary).
How have Lehrer Financial & Economic Advisory Services' assets and staff changed since 2021?
In the Form ADV data for Lehrer Financial & Economic Advisory Services: Regulatory assets under management: $260,000,000 in the October 2021 data and $286,300,000 in the October 2026 data, up 10%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Lehrer Financial & Economic Advisory Services serve?
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (9).
Does Lehrer Financial & Economic Advisory Services 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/105835
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- Hourly charges
- Fixed fees (other than subscription fees)
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 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Minimum annual fee: $3,000
The brochure's wording
The specific manner in which fees are charged is established in theclient’s written agreement with LFEAS. All fees are subject to negotiation however, a minimum annual fee of $3,000 may be imposed for services.
As stated in the firm's Form ADV Part 2A brochure dated February 25, 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$286,300,000 as of October 2026, filing dated February 25, 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- Pension consulting services
Registration and firm details
Items 1, 2, 5- Legal name
- Lehrer Kenneth Eugene DR
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1985 (40 years)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the March 2026 filing
- States registered or notice-filed
- Not reported.
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 | $286,300,000 | 1 | February 25, 2026 |
| October 2025 | $301,800,000 | 1 | February 20, 2025 |
| October 2024 | $231,000,000 | 1 | March 18, 2024 |
| October 2023 | $232,000,000 | 1 | March 7, 2023 |
| October 2022 | $240,000,000 | 1 | March 17, 2022 |
| October 2021 | $260,000,000 | 1 | March 22, 2021 |
Regulatory assets under management: $260,000,000 in the October 2021 data and $286,300,000 in the October 2026 data, up 10%.
Total employees: 1 in October 2021 and 1 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 monthsNo changes to these filed facts in the last 12 months of filing data.
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. Lehrer Financial & Economic Advisory Services (CRD 105835): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lehrer-financial-and-economic-advisory-services-houston-tx-105835