LH
CFA
Firm Information
Compensation
Fee-Only (AUM)
Number of Advisors
11 advisors
Number of Clients
523 clients
Average Client Portfolio
$936K average
Assets Under Management
$489.7M
Fee Structure
Minimum Investment:None
Financial Planning:Investment management only
Management fees are negotiable with each client and documented in the Investment Advisory Agreement. Herold generally charges 1% of the market value of assets under management. Fees are billed quarterly in advance. The managed account program fees are exclusive of brokerage commissions, transaction fees, and other related costs. There is no annual minimum fee or asset level required.
Areas of Practice
Investment Management
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Advisor Information
Office location
845 Third Avene Suite 1703, New York, NY, 10022-7513
Get directionsRegulatory History (1)
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Regulatory
September 2002Final
Other Business ActivitiesSells Insurance
Lawrence is 40%+ owner, President, Director, CEO, COO, CCO, and Chief Legal Officer of Herold Advisors, Inc., dedicating about 10-20% of his time. He also owns 50% of Herold Insurance Agency, Inc. and serves as Chairman of the Board and Secretary, spending minimal time on this.
Employment History
Current Registrations
Herold & Lantern Investments, INC.Broker
November 2020 - Present · 5 yrs 2 mos
Herold Advisors, INC.
October 2020 - Present · 5 yrs 3 mos
Previous Registrations
Charles Jordan & Co., LLCBroker
March 1994 - September 2017 · 23 yrs 6 mos
Bernard Herold & Co., INC.Broker
December 1984 - June 1999 · 14 yrs 6 mos
Bernard Herold & Co., INC.Broker
August 1979 - November 2020 · 41 yrs 3 mos
State Registrations20 states
AZCACOCTDCFLILMAMDMIMNNCNJNYOHPASCTXVAWV
AdvisorBrokerBoth
Exams
No exam information available for this advisor.