Douglas C. Lane & Associates

Douglas C. Lane & Associates, established in 2016, is a New York City-based registered investment advisory firm specializing in wealth management for high-net-worth individuals, families, trusts, and institutions. With regulatory assets under management of $8.23 billion as of December 31, 2024, the firm offers discretionary portfolio management primarily focused on equity securities, with a Concentrated Equity Strategy available for clients seeking higher returns. Additionally, financial planning services are provided at no extra charge. As a fiduciary, the firm acts in the best interests of clients, particularly in managing ERISA and retirement accounts. The fee structure is based on a percentage of assets under management, with negotiable fees for certain clients. Investment strategies involve fundamental research and a core approach to investing in individual securities. Clients typically require a minimum investment of $1 million. The firm discloses its brokerage practices, including the use of soft dollars for research, and its participation in financial industry activities and affiliations, such as the WAS Program. Clients have the option to use third-party financial solutions and insurance services through affiliated entities. DCLA exercises investment discretion for most client accounts, with limited non-discretionary accounts accepted. Proxy voting is generally not conducted by the firm, except in rare mandated instances.