The Lam Group, Inc. (Lake Oswego)

Name: The Lam Group, Inc.
Address: 2352 Summit Drive, Lake Oswego, OR, 97034
Telephone: 503-635-9344

The Lam Group, Inc. is a large advisory firm based in Lake Oswego. It manages $289.97 million of regulatory assets for 315 client accounts. It has been registered with the SEC as an adviser since 2003 and has operated in the jurisdictions of California, New Jersey, Oregon, Texas, and Washington.

The Lam Group provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Lam Group: assets under management

The assets under management (AUM) of The Lam Group, Inc. is $289.97 million. The firm's AUM has grown by 635% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $266.24 million in discretionary accounts and $23.73 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $856.08 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $5.93 million.

Investments

The firm invests in exchange traded securities the most. They account for 63% of the total AUM. The second-largest asset type is sovereign bonds, which make up 11% of the firm’s portfolio. Investments in investment grade corporate bonds form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Lam Group, 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 Nelson Jen Wei Lam serves?

The firm provides services to charitable organizations, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Nelson Jen Wei Lam is high net worth individuals with 39 clients and $261.33 million of assets under management. Among the 9 most similar advisory firms, The Lam Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $288.16 million for 67 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.

The Lam Group doesn't advise any private funds.

Careers at The Lam Group, Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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.

Nelson Jen Wei Lam has been acting as President since 1 Jun 1996. Bettina Sarah Lee joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nelson Jen Wei Lam	President/chief compliance officer	1 Jun 1996	50% - 75%	1759997
Bettina Sarah Lee	Chief operating officer	1 Jun 1996	25% - 50%	1901588

Based in Lake Oswego

The principal office where The Lam Group, Inc. performs its advisory services is located at 2352 Summit Drive, Lake Oswego, OR 97034 The mailing address of the firm is P.O. Box 850, Lake Oswego, OR 97034. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-635-9344 or by fax 503-210-9344. The normal business hours are 9:30am - 2:30pm on Monday - Friday. You can find more information about the New York firm at thelamgroup.com.