Laffer Tengler Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Laffer Tengler Investments reports 276 clients. They include 145 individual clients, 98 high-net-worth individuals, and 21 corporations and other businesses. Of its assets, 100.0% ($800M across 767 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $626M. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 7% |
| High-net-worth individuals | 36% | 65% |
| Investment companies | <1% | 3% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | 2% | 1% |
| Other client typesState or municipal government entities; Insurance companies; Corporations and other businesses | 9% | 23% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 145 | $55.9M | 7.0% | $385K |
| High-net-worth individuals | 98 | $524M | 65.5% | $5.35M |
| Investment companies | 1 | $24.2M | 3.0% | $24.2M |
| Pension and profit-sharing plans | Fewer than 5 | $3.41M | 0.4% | — |
| Charitable organizations | 6 | $11.1M | 1.4% | $1.85M |
| State or municipal government entities | 5 | $24.1M | 3.0% | $4.82M |
| Insurance companies | Fewer than 5 | $71.6M | 8.9% | — |
| Corporations and other businesses | 21 | $86M | 10.7% | $4.1M |
| Total | 276 | $800M | 100% | — |
- Clients
- 145
- Regulatory AUM
- $55.9M
- AUM share
- 7.0%
- Avg. per client
- $385K
- Clients
- 98
- Regulatory AUM
- $524M
- AUM share
- 65.5%
- Avg. per client
- $5.35M
- Clients
- 1
- Regulatory AUM
- $24.2M
- AUM share
- 3.0%
- Avg. per client
- $24.2M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.41M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- 6
- Regulatory AUM
- $11.1M
- AUM share
- 1.4%
- Avg. per client
- $1.85M
- Clients
- 5
- Regulatory AUM
- $24.1M
- AUM share
- 3.0%
- Avg. per client
- $4.82M
- Clients
- Fewer than 5
- Regulatory AUM
- $71.6M
- AUM share
- 8.9%
- Avg. per client
- —
- Clients
- 21
- Regulatory AUM
- $86M
- AUM share
- 10.7%
- Avg. per client
- $4.1M
Total
- Clients
- 276
- Regulatory AUM
- $800M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Laffer Tengler Investments charges 0.75%–1.15% a year for its Standard fee schedule for wealth management clients. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Client-Directed Accounts
- Non-managed client-directed accounts at Pershing are charged a 0.10% annual fee, billed quarterly in arrears on account value, with trading and brokerage costs included.
Butcherjoseph Financial Holdings, LLC owns 75% or more of Laffer Tengler Investments and is in turn owned by Butcherjoseph & Co. LLC (50–75%). The leadership team of Laffer Tengler Investments includes President Arthur Laffer, Chief Investment Officer Nancy Tengler and Chief Operating Officer Sheila Asher. It has 14 employees, 13 of them in advisory roles.
Leadership
Arthur LafferPortfolio Manager and President- Sheila AsherChief Operating Officer
- Debra LynchChief Compliance Officer
Nancy TenglerChief Investment Officer
Investment adviser representatives
11 representatives listed in the SEC register as of 9 October 2026.
Staff
- 14 employees
- 13 in advisory functions
- 10 state-registered reps
- Owns 75% or more of Laffer Tengler Investments, Inc.
Butcherjoseph Financial Holdings, LLC
Control person · since November 2019
- Owns 50% to 75% of Butcherjoseph Financial Holdings, LLC
Butcherjoseph & Co. LLC
Control person · since June 2016
- Owns 25% to 50% of Butcherjoseph & Co. LLC
Keith Butcher
Control person · since December 2010
- Owns 25% to 50% of Butcherjoseph & Co. LLC
Joseph Strycharz
Control person · since December 2010
- Owns 75% or more of Laffer Tengler Investments, Inc.
Butcherjoseph Financial
Control person · since November 2019
Laffer Tengler Investments’ regulatory assets grew 2.7× from $296M (May 2021) to $800M (March 2026); clients were 276 in both filings and employees fell from 20 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $800M | 276 | 14 | 6 |
| March 2025 | $622M | 256 | 15 | 6 |
| May 2024 | $463M | 234 | 13 | 6 |
| March 2023 | $388M | 221 | 11 | 7 |
| July 2022 | $387M | 202 | 15 | 5 |
| May 2021 | $296M | 276 | 20 | 7 |
Besides its headquarters, Laffer Tengler Investments has 5 offices (4 private residences, listed without an address), with 2 listed addresses in Arizona and Tennessee.
Arizona · 1 listed address
- 6730 N. Scottsdale RD., Scottsdale
Tennessee · 1 listed address
- 1005 17th Ave S, Suite 900, NashvilleHQ
Contact and registration details
- Legal name
- Laffer Tengler Investments, Inc.
- Headquarters
- 1005 17th Ave S, Suite 900, Nashville, TN 37212
- Website
- laffertengler.com
- Phone
- 800-838-3468
- @laffertengler
- SEC file
- 801-56953
- Structure
- Tennessee corporation
- Fiscal year end
- December
Laffer Tengler Investments uses Pershing ($590M, 88%) and Charles Schwab ($80M, 12%) as custodians for its separately managed accounts. Laffer Tengler Investments has custody of $229M in client assets for 79 clients.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $590M88%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $80M12%
At year end, Laffer Tengler Investments’ separately managed accounts were mostly in stocks (81%) and bonds (13%). Its reported 13F holdings for the quarter ended 30 June 2026 total $782M across 179 positions; the largest are Lam Research Corp. (4.8%), Goldman Sachs Group Inc. (3.8%) and Broadcom Inc. (3.7%).
What the accounts hold
- Stocks81%
- Funds5%
- Bonds13%
- State and local bonds7%
- Investment grade corporate bonds6%
- Cash1%
Reported 13F holdings
- $782M
- Reported 13F value
- 179
- Positions
- 31.9%
- In the 10 largest
- +15.4%
- Value vs. prior quarter
- Lam Research Corp.4.8%
- Goldman Sachs Group Inc.3.8%
- Broadcom Inc.3.7%
- Alphabet Inc. · Cap Stk CL A3.2%
- American Express CO3.2%
- Microsoft Corp.2.9%
- Apple Inc.2.8%
- JPMORGAN Chase & CO2.8%
- Walmart Inc.2.4%
- Abbvie Inc.2.3%
Together, the ten largest are 31.9% of reported value.
How many clients does Laffer Tengler Investments have?
Laffer Tengler Investments has 276 clients and manages $800 million for them, as of March 2026. They include 145 individual clients, 98 high-net-worth individuals, and 21 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Laffer Tengler Investments offer?
Laffer Tengler Investments provides financial planning, portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Laffer Tengler Investments charge?
Laffer Tengler Investments charges 0.75%–1.15% a year for its Standard fee schedule for wealth management clients. The fee is billed in arrears and is negotiable.
Source: LAFFER TENGLER INVESTMENTS ADV PART 2A, filed 26 March 2026
Which custodians does Laffer Tengler Investments use?
Laffer Tengler Investments’ separately managed account assets are held at Pershing Advisor Solutions LLC (Jersey City, NJ), with $590M and Charles Schwab & Co., Inc. (Westlake, TX), with $80M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Laffer Tengler Investments have?
Laffer Tengler Investments has 10 investment adviser representatives registered with state securities authorities, out of 14 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Laffer Tengler Investments invest in?
At the end of its last fiscal year, Laffer Tengler Investments’ separately managed accounts held 81% exchange-traded equities, 7% state and local bonds, 6% investment grade corporate bonds, 5% registered funds (mutual funds, ETFs, BDCs) and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Laffer Tengler Investments?
Laffer Tengler Investments is owned through a chain of holding companies by Keith Butcher and Joseph Strycharz. Its direct owners are Butcherjoseph Financial Holdings, LLC (75% or more) and Butcherjoseph Financial (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Laffer Tengler Investments get paid?
Laffer Tengler Investments is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Laffer Tengler Investments?
Laffer Tengler Investments’ main office is at 1005 17th Ave S, Suite 900, Nashville, TN 37212. Its phone number is 800-838-3468. Its website is laffertengler.com.