L. Roy Papp & Associates, Llp

L. Roy Papp & Associates, LLP is a registered investment advisor founded in 1978, primarily owned by Harry Papp, Rosellen Papp, and Victoria Cavallero. The firm specializes in providing customized investment management services to high-net-worth individuals, trusts, estates, pension and profit sharing plans, and other legal entities. L. Roy Papp & Associates manages portfolios based on individual client goals and objectives, considering factors such as investment time horizon, risk tolerance, and personal preferences. The firm primarily invests in domestic stocks, bonds, ETFs, and mutual funds, tailoring investment allocations to client preferences for growth or conservative strategies. Clients are charged an annual investment management fee based on a tiered schedule, with fees deducted quarterly in arrears. The minimum account size is generally $2,000,000 but is negotiable. L. Roy Papp & Associates does not charge performance-based fees and acts as a fiduciary for ERISA and IRA accounts. The firm does not participate in wrap fee programs and primarily uses Charles Schwab & Co. for brokerage services. The firm's investment strategies focus on fundamental analysis conducted by its Research Director and Analysts, with a growth style of management for equity investments. L. Roy Papp & Associates emphasizes long-term investments but may make short-term trades for liquidity purposes or opportunities. The firm discloses risks associated with market conditions, equity securities, fixed income securities, ETFs, and cybersecurity breaches. L. Roy Papp & Associates has not been involved in any disciplinary events in the past 10 years and does not compensate for client referrals. Clients' accounts are monitored regularly, and the firm has custody over client assets. L. Roy Papp & Associates typically manages client accounts on a discretionary basis, with clients maintaining proxy voting authority unless delegated to the firm. The firm has established policies and procedures for voting client securities in the best interest of clients.