Lexington Investment Counsel, LLC (Daytona Beach)

Name: Lexington Investment Counsel, LLC
Address: 1651 N. Clyde Morris Blvd., Daytona Beach, FL, 32117
Telephone: 386-274-2533

Lexington Investment Counsel, LLC is an adviser based in Daytona Beach. It manages $20.05 million of regulatory assets for 160 client accounts. It has been registered with the SEC as an adviser since 2010 and has operated in the jurisdiction of Florida.

Lexington Investment Counsel provides portfolio management for individuals and small businesses, selection of other advisers, and consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lexington Investment Counsel: assets under management

The assets under management (AUM) of Lexington Investment Counsel, LLC is $20.05 million. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $16.85 million in discretionary accounts and $3.2 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $170.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $52.53 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lexington Investment Counsel, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lexington Investment Counsel, LLC

Ryan Sharp Bird has been acting as President since 1 Oct 2007. David Neil Jones joined the executive team most recently as the Managing Member/Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Lexington Wealth Management	Owner	1 Jun 2003	75% - 100%	74-3094864
Ryan Sharp Bird	President	1 Oct 2007	Other	4429880
David Neil Jones	Managing member/chief compliance officer	1 Aug 2010	Other	2704155
Llc Fair Havens Financial	Owner	1 Aug 2010	Other	27-3288027

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Llc Pure Acquisitions Ii	Member	1 Jul 2006	75% - 100%	20-5263682
Jeanette Teal Veitch	Managing member	1 Jul 2006	75% - 100%	5427744

Based in Daytona Beach

The principal office where Lexington Investment Counsel, LLC performs its advisory services is located at 1651 N. Clyde Morris Blvd., Daytona Beach, FL 32117, 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 386-274-2533 or by fax 866-698-5945. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at www.investlic.com.