Lederer & Associates Investment Counsel provides portfolio management for individuals and small businesses and portfolio management for institutions.
Lederer & Associates Investment Counsel reports 137 clients. They include 88 high-net-worth individuals, 45 individual clients and 4 charitable organizations. Of its assets, 100.0% ($244M across 137 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 33% | 6% |
| High-net-worth individuals | 64% | 78% |
| Charitable organizations | 3% | 16% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 45 | $15.3M | 6.3% | $341K |
| High-net-worth individuals | 88 | $191M | 78.0% | $2.17M |
| Charitable organizations | 4 | $38.4M | 15.7% | $9.61M |
| Total | 137 | $244M | 100% | $1.78M |
- Clients
- 45
- Regulatory AUM
- $15.3M
- AUM share
- 6.3%
- Avg. per client
- $341K
- Clients
- 88
- Regulatory AUM
- $191M
- AUM share
- 78.0%
- Avg. per client
- $2.17M
- Clients
- 4
- Regulatory AUM
- $38.4M
- AUM share
- 15.7%
- Avg. per client
- $9.61M
Total
- Clients
- 137
- Regulatory AUM
- $244M
- AUM share
- 100%
- Avg. per client
- $1.78M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Lederer & Associates Investment Counsel charges up to 1.00% for its Investment supervisory services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance.
Fee details and sources
Ral Holdings owns 75% or more of Lederer & Associates Investment Counsel and is in turn owned by Richard Lederer (75% or more). The leadership team of Lederer & Associates Investment Counsel includes Chief Compliance Officer Darin Bemis. It has 3 employees, 2 of them in advisory roles.
Leadership
Darin BemisChief Compliance Officer
Brian ByrneOperations Administrator
Richard LedererCIO, CEO, CHM
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Lederer & Associates Investment Counsel
Ral Holdings
Control person · since January 1986
- Owns 75% or more of Ral Holdings
Richard Lederer
Control person · since January 1986
Lederer & Associates Investment Counsel’s regulatory assets grew from $206M (December 2020) to $244M (December 2025); clients rose from 81 to 137 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| December 2025 | $244M | 137 | 3 | 1 |
| December 2024 | $243M | 71 | 3 | 1 |
| December 2023 | $217M | 74 | 3 | 1 |
| December 2022 | $202M | 78 | 3 | 1 |
| December 2021 | $244M | 81 | 3 | 1 |
| December 2020 | $206M | 81 | 3 | 1 |
Besides its headquarters, Lederer & Associates Investment Counsel has 0 offices, with 1 listed address in California.
California · 1 listed address
- 5305 East 2nd Street, Suite 201, Long BeachHQ
Contact and registration details
- Legal name
- Lederer & Associates Investment Counsel
- Headquarters
- 5305 East 2nd Street, Suite 201, Long Beach, CA 90803-5317
- Website
- lederer-associates.com
- Phone
- 562-434-5305
- SEC file
- 801-26228
- Founded
- 1986
- Structure
- California corporation
- Fiscal year end
- September
Lederer & Associates Investment Counsel uses Charles Schwab ($244M) as custodian for its separately managed accounts. Lederer & Associates Investment Counsel does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $244M100%
At year end, Lederer & Associates Investment Counsel’s separately managed accounts were mostly in stocks (63%) and bonds (30%).
What the accounts hold
- Stocks63%
- Bonds30%
- U.S. government and agency bonds22%
- Investment grade corporate bonds8%
- Cash7%
How many clients does Lederer & Associates Investment Counsel have?
Lederer & Associates Investment Counsel has 137 clients and manages $244 million for them, as of December 2025. They include 88 high-net-worth individuals, 45 individual clients and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 8 December 2025
What services does Lederer & Associates Investment Counsel offer?
Lederer & Associates Investment Counsel provides portfolio management for individuals and small businesses 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 Lederer & Associates Investment Counsel charge?
Lederer & Associates Investment Counsel charges up to 1.00% for its Investment supervisory services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in advance.
Which custodians does Lederer & Associates Investment Counsel use?
Lederer & Associates Investment Counsel’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $244M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 December 2025
How many financial advisors does Lederer & Associates Investment Counsel have?
Lederer & Associates Investment Counsel has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 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 Lederer & Associates Investment Counsel invest in?
At the end of its last fiscal year, Lederer & Associates Investment Counsel’s separately managed accounts held 63% exchange-traded equities, 22% U.S. government and agency bonds, 8% investment grade corporate bonds and 7% 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 Lederer & Associates Investment Counsel?
Lederer & Associates Investment Counsel is owned through a holding company by Richard Lederer. Its direct owner is Ral Holdings (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 8 December 2025
How does Lederer & Associates Investment Counsel get paid?
Lederer & Associates Investment Counsel is paid through a percentage of assets under management. 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
Is Lederer & Associates Investment Counsel registered with the SEC?
Yes, Lederer & Associates Investment Counsel has been registered with the SEC as an investment adviser since 13 February 1986. Its CRD number is 110376 and its SEC file number is 801-26228.
Source: Form ADV Part 1A, Item 1, filed 8 December 2025; IAPD firm record
How do I contact Lederer & Associates Investment Counsel?
Lederer & Associates Investment Counsel’s main office is at 5305 East 2nd Street, Suite 201, Long Beach, CA 90803-5317. Its phone number is 562-434-5305. Its website is lederer-associates.com.