Lowe Wealth Advisors, LLC is a large advisory firm based in Columbia. It manages $277.06 million of regulatory assets for 1,151 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Maryland, North Carolina, and 3 other states.
Lowe Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Lowe Wealth Advisors, LLC is $277.06 million. The firm's AUM has grown by 7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Lowe Wealth Advisors, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Harold Alan Lowe is high net worth individuals with 86 clients and $174.53 million of assets under management. Among the 8 most similar advisory firms, Lowe Wealth Advisors has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $277.06 million for 352 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.
Lowe Wealth Advisors doesn't advise any private funds.
The company employs 9 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person 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.
Harold Alan Lowe has been acting as President since 1 May 2011. Bradley Alan Williams has served as the Chief Investment Officer since 1 Jan 2015. Gregory Alan Lowe joined the executive team most recently as the Vice President / Shareholder.
The principal office where Lowe Wealth Advisors, LLC performs its advisory services is located at 6230 Old Dobbin Lane, Columbia, MD 21045, 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 443-766-7160 or by fax 443-766-7198. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at lowewealthadvisors.com.