L. Roy Papp & Associates, LLP
Assets Under Management
$1.5B
Number of Clients
644
Number of Advisors
11
Average Client AUM
$2.4M
AUM per Advisor
$139.5M
Compensation
Fee-Only (AUM)
About This Firm
L. Roy Papp & Associates (LRP) offers customized investment management services to high-net-worth individuals, trusts, estates, pension and profit sharing plans, a registered mutual fund, and other legal entities. LRP invests client assets in domestic stocks, bonds, ETFs, and mutual funds, tailoring portfolios to individual client goals and risk tolerance.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $3.0M | 1.00% |
| $3.0M - $8.0M | 0.75% |
| $8M+ | 0.50% |
LRP may waive or negotiate lower fees for employees, employees’ family members and certain clients.
Fee Estimator
LRP charges an annual investment management fee based on assets under management: 1.00% on the first $3 million, 0.75% on amounts between $3 million and $8 million, and 0.50% on amounts exceeding $8 million. Fees are charged quarterly in arrears. LRP may waive or negotiate lower fees for employees, employees’ family members, and certain clients. The minimum account size is generally $2,000,000, but this is negotiable.
Areas of Practice
Location
2201 E. Camelback Road, Suite 227B, Phoenix, AZ, 85016