Deane Retirement Strategies, Inc. (New Orleans)

Name: Deane Retirement Strategies, Inc.
Address: 2065 Energy Centre, New Orleans, LA, 70163
Telephone: 504-582-2345

Deane Retirement Strategies, Inc. is a large advisory firm based in New Orleans. It manages $133.07 million of regulatory assets for 300 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Louisiana, Mississippi, and Texas.

Deane Retirement Strategies provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for company 401k and profit sharing plans. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Deane Retirement Strategies: assets under management

The assets under management (AUM) of Deane Retirement Strategies, Inc. is $133.07 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 11% since the beginning of its operation, and $788.32 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $133.07 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $443.58 thousand each.

Deane Retirement Strategies has custody of $38.94 million in cash and securities for 61 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 81% of the total AUM. The second-largest asset type is government bonds, which make up 12% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Deane Retirement Strategies, Inc. 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.

What kind of clients Linda Laborde Deane serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Linda Laborde Deane is high net worth individuals with 76 clients and $118.02 million of assets under management. Among the 11 most similar advisory firms, Deane Retirement Strategies has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $133.07 million for 136 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.

Deane Retirement Strategies doesn't advise any private funds.

Careers at Deane Retirement Strategies, Inc.

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 6 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.

Linda Laborde Deane has been acting as President since 1 Mar 1993. Robert Bryan Deane joined the executive team most recently as the Secretary.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Linda Laborde Deane	President/chief compliance officer	1 Mar 1993	75% - 100%	300092
Robert Bryan Deane	Secretary	1 Mar 1993	Other	4608402

Based in New Orleans

The principal office where Deane Retirement Strategies, Inc. performs its advisory services is located at 2065 Energy Centre, New Orleans, LA 70163, 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 504-582-2345 or by fax 504-582-2346. The normal business hours are 8:30 am - 4:00 pm on Other. You can find more information about the New York firm at deaneretire.com.