Lehman & Derafelo Financial Resources LLC (Media)


Lehman & Derafelo Financial Resources LLC is a large advisory firm based in Media. It manages $718.49 million of regulatory assets for 1,638 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of California, Florida, New Hampshire, and 5 other states.

Lehman & Derafelo Financial Resources provides financial planning services, portfolio management for individuals and small businesses, and comprehensive wealth management. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lehman & Derafelo Financial Resources: assets under management

The assets under management (AUM) of Lehman & Derafelo Financial Resources LLC is $718.49 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 589% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $718.49 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $438.64 thousand each.
Lehman & Derafelo Financial Resources has custody of $134.12 million in cash and securities for 90 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 31% of the total AUM. The second-largest asset type is exchange traded securities, which make up 26% of the firm’s portfolio. Investments in cash and cash equivalents form 19% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lehman & Derafelo Financial Resources LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lehman & Derafelo Financial Resources serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Lehman & Derafelo Financial Resources is high net worth individuals with 160 clients and $617.65 million of assets under management. Among the 9 most similar advisory firms, Lehman & Derafelo Financial Resources has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $718.49 million for 543 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lehman & Derafelo Financial Resources doesn't advise any private funds.

Careers at Lehman & Derafelo Financial Resources LLC

The company employs 7 people that are either part- or full-time employees. 71 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Richard David Derafelo Managing member/chief compliance officer 1 Dec 2017 50% - 75% 4553959
Ronald Scott Lehman Managing member 1 Dec 2017 50% - 75% 5926626

Based in Media

The principal office where Lehman & Derafelo Financial Resources LLC performs its advisory services is located at 1215 W. Baltimore Pike, Media, PA 19063, 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 610-565-2343 or by fax 610-565-2513. The normal business hours are by appointment only on Monday - Friday.