Lebenthal Global Advisors is a federally registered investment advisor based in Hauppauge, New York, offering portfolio management services primarily through a wrap fee program. The firm creates customized investment portfolios or uses model portfolios developed by its affiliated money manager, Lebenthal Diversified Asset Management, or non-affiliated managers. Investment strategies include diversified equity and bond models, tax-sensitive strategies, and specialty strategies involving stocks, bonds, mutual funds, exchange-traded funds, and digital assets. Financial planning services are provided at no additional charge when clients retain the firm for portfolio management. The firm serves individuals, high-net-worth families, trusts, estates, retirement accounts, and small businesses.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 2.40% |
| $100K - $250K | 2.35% |
| $250K - $500K | 2.25% |
| $500K - $1.0M | 2.15% |
| $1.0M - $5.0M | 2.12% |
| $5M+ | 2.05% |
Maximum wrap fee is 2.40% (2.00% advisory fee plus 0.40% platform fee). Clients typically pay between 1.00% and 1.50%. Smaller accounts ($800,000 or less) are typically charged a flat fee, while larger accounts use a blended tiered schedule. Fees are negotiable.