Lafleur & Godfrey LLC is a large advisory firm based in Grand Rapids. It manages $443.16 million of regulatory assets for 441 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdictions of California, Colorado, Florida, Illinois, and Michigan.
Lafleur & Godfrey provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension 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.
The assets under management (AUM) of Lafleur & Godfrey LLC is $443.16 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 14% since the beginning of its operation, and $397.64 thousand of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Lafleur & Godfrey LLC for their services and products based on a percentage of assets under management. 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Lafleur & Godfrey is high net worth individuals with 318 clients and $396.28 million of assets under management. Among the 11 most similar advisory firms, Lafleur & Godfrey has the 3rd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $443.16 million for 441 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.
Lafleur & Godfrey doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 50 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.
The principal office where Lafleur & Godfrey LLC performs its advisory services is located at 2900 Charlevoix Dr. Se, Suite 302, Grand Rapids, MI 49546, 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 616-942-1580 or by fax 616-942-6852. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at lafleurgodfrey.com.