Douglas C. Lane & Associates (Douglas Lane) is a registered investment advisor (RIA) whose mission is to deliver investment results through proprietary fundamental research and individualized portfolio management.
Located in New York, Douglas Lane is a fee-only firm that solely charges asset-based fees for its services.
The firm's small team of advisors holds various qualifications, including the chartered financial analyst (CFA), certified public accountant (CPA), chartered investment counselor (CIC), investment advisor certified compliance professional (IACCP) and retirement income certified professional (RICP) designations.
Douglas Lane Background
Douglas Lane has been in business since 1994. The independently operated firm specializes in a wide selection of investment offerings, and it’s part of the Focus Financial Partners, LLC partnership.
Douglas Lane is a subsidiary of Focus Operating, LLC. Douglas C. Lane and Gay Lane are the firm’s founders.
Douglas Lane Client Types and Minimum Account Sizes
Douglas Lane serves individuals, high-net-worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations and other business entities.
This firm has a $1 million minimum account size requirement.
Services Offered by Douglas Lane
Douglas Lane specializes in custom portfolio management and financial planning services. In managing portfolios, the firm considers a client's risk tolerance, their age, the industry in which they work and their investment preferences. Douglas Lane also takes tax efficiency into account, using tactics like tax-loss harvesting to manage clients' tax liabilities.
The firm's financial planning services may touch on a variety of topics and needs, including:
- Retirement
- Cash flow
- Education savings
- Charitable giving
- Tax and estate matters
- Social Security optimization
- Mortgages
- Insurance
Douglas Lane Investment Philosophy
Douglas Lane’s investment philosophy aims to provide above-average returns for its clients’ capital through long-term investments in individual equity and fixed-income securities, according to its brochure. The firm also says it prefers to invest in companies with business models that can generate long-term returns.
Douglas Lane mainly uses a long-term core strategy, and it invests in exchange-traded equity securities, bonds, cash and cash equivalents. On its website, the firm states that it believes emerging and developing markets will outpace developed markets "for the foreseeable future."
"In most cases, approximately 50% of the aggregate revenue generated by the companies' in our clients' portfolios is generated outside the U.S., and we expect this portion to increase over time," the website states.
Fees Under Douglas Lane
Douglas Lane charges offers the following fee schedule for its investment advisory services:
| Douglas Lane Fee Schedule | |
| Amount of assets | Annual fees |
| First $5,000,000 | 1.00% |
| Next $10,000,000 | 0.75% |
| Next $15,000,000 | 0.60% |
| Next $20,000,000 | 0.50% |
| Additional assets | 0.30% |
Here's how much you could pay in fees, depending on the size of your accout:
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Investment Management Fees at Douglas Lane* | |
| Your Assets | Douglas Lane Fee Amount |
| $500K | $5,000 |
| $1MM | $10,000 |
| $5MM | $50,000 |
| $10MM | $87,500 |
What to Watch Out For
Douglas Lane doesn’t have any disclosures on its regulatory and legal record. The firm also has a fee-only compensation model, so advisors do not earn commissions on certain transactions.
Opening an Account With Douglas Lane
You’ll have multiple options for setting up an account with Douglas Lane. You can fill out the firm’s contact form on its website or you can visit its office. You can also contact an advisor over the phone.
All information is accurate as of the writing of this article.
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