First Lexington Capital Corp (Lexington)


First Lexington Capital Corp is a large advisory firm based in Lexington. It manages $97.98 million of regulatory assets for 246 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, Massachusetts, New Hampshire, Texas, and Vermont.

First Lexington Capital Corp provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

First Lexington Capital Corp: assets under management

The assets under management (AUM) of First Lexington Capital Corp is $97.98 million. The firm's AUM has grown by 12% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $93.52 million in discretionary accounts and $4.46 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $389.65 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $743.21 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay First Lexington Capital Corp for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Lexington

The principal office where First Lexington Capital Corp performs its advisory services is located at 76 Bedford St, Lexington, MA 02420 4641, 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 781-861-7595 or by fax 781-861-2991. The normal business hours are 9:00am-5:00pm on Monday - Friday.