Lederer & Associates Investment Counsel is a registered investment advisor founded in 1986, located in Long Beach, California. The firm provides continuous investment management services for individuals, trusts, estates, foundations, charitable organizations, corporations, and retirement plans. Lederer & Associates manages separate equity, fixed-income, and balanced portfolios customized to each client's specific goals and risk tolerance. The stock selection process focuses on three fundamental principles: quality, growth, and value, utilizing two distinct equity strategies (Growth and Equity Income) alongside short- to intermediate-term fixed-income investments. Lederer & Associates operates with discretionary authority, meaning they make trades on behalf of clients based on established targets. The firm generally requires a minimum portfolio size of $500,000, though this minimum may be waived in certain situations.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
Rates may be negotiable depending on portfolio size, and family accounts in the same household may be combined. Minimum annual fees may be imposed on portfolios under $500,000.