Lebenthal Diversified Asset Management Inc.

Lebenthal Diversified Asset Management Inc. is a registered investment adviser based in Hauppauge, New York, established in 2011. The firm specializes in providing sub-advisory services to investment advisers and portfolio management services to Qualified Retirement Plan Services. They offer discretionary portfolio management services tailored to meet each client's needs and investment objectives. Clients can grant discretionary authority to the firm to manage their accounts, allowing them to make investment decisions without prior approval. LDAM primarily advises on mutual funds and exchange-traded funds, with investment strategies including diversified strategies, ETF strategies, tax strategies, and specialty strategies. The firm manages over $572 million in client assets on a discretionary basis as of December 31, 2022. Fees for portfolio management services range up to 2.00% and are charged on an asset-based fee basis. LDAM does not charge performance-based fees or engage in side-by-side management. The firm does not have any disciplinary events reported and does not receive compensation for client referrals. LDAM does not exercise custody over client funds and securities, and clients receive account statements directly from the custodian. The firm offers discretionary investment services and does not vote proxies on behalf of clients. LDAM has no financial commitments impairing its ability to meet client obligations.