Lbj Asset Management Partners, Ltd. (Austin)


Lbj Asset Management Partners, Ltd. is a large advisory firm based in Austin. It manages $89 million of regulatory assets for 31 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdiction of Texas.

Lbj Asset Management Partners provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lbj Asset Management Partners: assets under management

The assets under management (AUM) of Lbj Asset Management Partners, Ltd. is $89 million. The firm's AUM has gone down by -26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $85 million in discretionary accounts and $4 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $2.83 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $4 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lbj Asset Management Partners, Ltd. for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Ian Johnstone Turpin Member 1 Sep 2003 25% - 50% 4963360
Luci Baines Johnson Member 1 Sep 2003 50% - 75% 4963358

Based in Austin

The principal office where Lbj Asset Management Partners, Ltd. performs its advisory services is located at 114 West Seventh Street, Austin, TX 78701, 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 512-457-5000 or by fax 512-322-0168. The normal business hours are 8:30am-5:00pm on Monday - Friday.