Lydian Wealth Management Company, LLC (Rockville)

Name: Lydian Wealth Management Company, LLC
Address: 2600 Tower Oaks Boulevard, Rockville, MD, 20852
Telephone: 301-770-6300

Lydian Wealth Management Company, LLC is a large advisory firm based in Rockville. It manages $5.74 billion of regulatory assets for 7,010 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdictions of California, Connecticut, District of Columbia, and 11 other states.

Lydian Wealth Management Company provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lydian Wealth Management Company: assets under management

The assets under management (AUM) of Lydian Wealth Management Company, LLC is $5.74 billion. The firm's AUM has grown by 27% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $693.94 million in discretionary accounts and $5.05 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $826.12 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $818.35 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lydian Wealth Management Company, LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lydian Wealth Management Company, LLC

Steven David Lockshin has been acting as President since 1 Jul 1998. Matthew Eric Peterson has served as the Chief Investment Officer since 1 Mar 2004. David Bruce Elliott joined the executive team most recently as the Director Of Finance.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Putterman	Coo/cfo/president/director	1 May 1997	Other	3122891
Lydian Wealth Management Holdings Company	Parent corporation	1 Jul 1998	75% - 100%	52-1869995
Steven David Lockshin	Ceo/director	1 Jul 1998	Other	1557803
Stephen Carson Wilhoit	Director	1 Jan 2001	Other	4452085
David Robert Zier	Executive vice-president	1 Mar 2004	Other	4338774
Matthew Eric Peterson	Chief investment officer	1 Mar 2004	Other	3122896
Mark Rogozinski	Chief operating officer	1 May 2004	Other	4927573
David Bruce Elliott	Chief compliance officer	1 Sep 2004	Other	4579531
David Bruce Elliott	Director of finance	1 Mar 2006	Other	4579531

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Lydian Trust Company	Parent corporation	1 Jan 2001	75% - 100%	65-0916372

Based in Rockville

The principal office where Lydian Wealth Management Company, LLC performs its advisory services is located at 2600 Tower Oaks Boulevard, Rockville, MD 20852, which is also the mailing address of the firm. An additional office of the firm is in Kirkland, WA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 301-770-6300 or by fax 301-770-2643. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at www.lydianwealth.com.