Lederer & Associates Investment Counsel

Lederer & Associates Investment Counsel is a Registered Investment Adviser founded in 1986, offering investment supervisory services tailored to individual client needs. The firm is wholly owned by Richard Lederer and manages equity, fixed-income, and balanced portfolios separately. As of November 30, 2024, the firm had $242,779,116 of assets under management, all managed on a discretionary basis. For fees, Lederer & Associates charges a tiered structure based on assets under management, with fees payable quarterly in advance. Minimum annual fees may apply to portfolios under $500,000, and fees are pro-rated for new accounts and large deposits/withdrawals. The firm does not charge performance-based fees. Clients include individuals, trusts, estates, foundations, and various entities, with a typical minimum asset requirement of $500,000. The firm utilizes qualitative and quantitative analysis for investment decisions, focusing on quality, growth, and value factors. Investment strategies include Growth, Equity Income, and a blended approach, with a disciplined approach to portfolio management. Lederer & Associates acts as a fiduciary when providing investment advice, placing client interests first. The firm does not engage in soft dollar arrangements and does not receive compensation for client referrals. Clients have the option to direct brokerage practices and have discretion over asset class selections. The firm provides regular account reviews and reports to clients.