Lee Danner & Bass provides portfolio management for individuals and small businesses and portfolio management for institutions.
Lee Danner & Bass reports 1,020 clients. They include 959 high-net-worth individuals, 49 charitable organizations, and 9 corporations and other businesses. Of its assets, 100.0% ($1.98B across 1,020 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $11.7M. It advised 40 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 94% | 87% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 5% | 10% |
| Corporations and other businesses | <1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 959 | $1.73B | 87.5% | $1.8M |
| Pension and profit-sharing plans | Fewer than 5 | $5.53M | 0.3% | $1.84M |
| Charitable organizations | 49 | $202M | 10.2% | $4.12M |
| Corporations and other businesses | 9 | $40.4M | 2.0% | $4.48M |
| Total | 1,020 | $1.98B | 100% | — |
- Clients
- 959
- Regulatory AUM
- $1.73B
- AUM share
- 87.5%
- Avg. per client
- $1.8M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.53M
- AUM share
- 0.3%
- Avg. per client
- $1.84M
- Clients
- 49
- Regulatory AUM
- $202M
- AUM share
- 10.2%
- Avg. per client
- $4.12M
- Clients
- 9
- Regulatory AUM
- $40.4M
- AUM share
- 2.0%
- Avg. per client
- $4.48M
Total
- Clients
- 1,020
- Regulatory AUM
- $1.98B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 40
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Lee Danner & Bass charges 0.50%–0.75% a year for its Discretionary portfolio management. Each asset band is charged at its own rate. The fee is billed in arrears and has a $7,500 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 0.75% |
| $2M–$5M | 0.60% |
| $5M and above | 0.50% |
Fee details and sources
The leadership team of Lee Danner & Bass includes President Lawson Allen and Chief Compliance Officer Mark Smith. It has 11 employees, 6 of them in advisory roles.
Leadership
- Lawson AllenChairman/President/ Director
- Francis BassVice-President/ Director
- Fred LowranceVice-President/ Director
- Mark SmithChief Compliance Officer/ Secretary/ Treasurer/ Director
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Lawson Coffee Allen
- Francis Marion Bass III
- Fred Templeton Lowrance JR
- Christopher Forrest Prest
- Mark Bryan Smith
Staff
- 11 employees
- 6 in advisory functions
- 6 state-registered reps
- Owns 10% to 25% of Lee Danner & Bass Inc
Mark Smith
Control person · since April 1996
- Owns 10% to 25% of Lee Danner & Bass Inc
Lawson Allen
Control person · since January 2022
- Owns 10% to 25% of Lee Danner & Bass Inc
Francis Bass
Control person · since April 2005
- Owns 10% to 25% of Lee Danner & Bass Inc
Fred Lowrance
Control person · since February 2018
Lee Danner & Bass’ regulatory assets grew 1.6× from $1.24B (March 2021) to $1.98B (July 2026); clients rose from 872 to 1,020 and employees fell from 12 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $1.98B | 1,020 | 11 | 1 |
| March 2025 | $1.76B | 1,010 | 12 | 1 |
| March 2024 | $1.54B | 973 | 12 | 1 |
| March 2023 | $1.39B | 965 | 12 | 1 |
| June 2022 | $1.48B | 893 | 12 | 1 |
| March 2021 | $1.24B | 872 | 12 | 1 |
Besides its headquarters, Lee Danner & Bass has 0 offices, with 1 listed address in Tennessee.
Tennessee · 1 listed address
- 3100 West End Avenue, Suite 1250, NashvilleHQ
Contact and registration details
- Legal name
- Lee Danner & Bass Inc
- Headquarters
- 3100 West End Avenue, Suite 1250, Nashville, TN 37203
- Website
- leedannerbass.com
- Phone
- 615-244-7775
- SEC file
- 801-30924
- Founded
- 1988
- Structure
- Tennessee corporation
- Fiscal year end
- December
Lee Danner & Bass uses Charles Schwab ($1.18B, 63%) and Fidelity ($690M, 37%) as custodians for its separately managed accounts. Lee Danner & Bass has custody of $790M in client assets for 353 clients.
- FidelityNational Financial Services LLC · Boston, MA · $690M37%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.18B63%
At year end, Lee Danner & Bass’ separately managed accounts were mostly in stocks (78%) and bonds (12%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.73B across 250 positions; the largest are Hca Healthcare Inc. (8.8%), Berkshire Hathaway Inc. Del CL B New (7.5%) and Viasat, Inc.. (4.3%).
What the accounts hold
- Stocks78%
- Funds5%
- Bonds12%
- Investment grade corporate bonds8%
- High-yield corporate bonds3%
- State and local bonds1%
- Cash5%
Reported 13F holdings
- $1.73B
- Reported 13F value
- 250
- Positions
- 40.3%
- In the 10 largest
- +8.9%
- Value vs. prior quarter
- Hca Healthcare Inc.8.8%
- Berkshire Hathaway Inc. Del CL B New7.5%
- Viasat, Inc..4.3%
- Alphabet Inc.. Class C4.0%
- Corecivic, Inc..3.8%
- Apple Inc..3.6%
- Amazon.com, Inc..2.2%
- United Rentals, Inc..2.1%
- Caterpillar Inc..2.1%
- Goldman Sachs Group, Inc..2.0%
Together, the ten largest are 40.3% of reported value.
How many clients does Lee Danner & Bass have?
Lee Danner & Bass has 1,020 clients and manages $1.98 billion for them, as of July 2026. They include 959 high-net-worth individuals, 49 charitable organizations, and 9 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 July 2026
What services does Lee Danner & Bass offer?
Lee Danner & Bass 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 Lee Danner & Bass charge?
Lee Danner & Bass charges 0.50%–0.75% a year for its Discretionary portfolio management. Each asset band is charged at its own rate. The fee is billed in arrears and has a $7,500 annual minimum.
Which custodians does Lee Danner & Bass use?
Lee Danner & Bass’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.18B and National Financial Services LLC (Boston, MA), with $690M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 July 2026
How many financial advisors does Lee Danner & Bass have?
Lee Danner & Bass has 6 investment adviser representatives registered with state securities authorities, out of 11 employees, and 6 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 Lee Danner & Bass invest in?
At the end of its last fiscal year, Lee Danner & Bass’ separately managed accounts held 78% exchange-traded equities, 8% investment grade corporate bonds, 5% registered funds (mutual funds, ETFs, BDCs), 5% cash and equivalents, 3% high-yield corporate bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lee Danner & Bass?
Lee Danner & Bass’ direct owners are Mark Smith, Lawson Allen, Francis Bass and Fred Lowrance, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 1 July 2026
How does Lee Danner & Bass get paid?
Lee Danner & Bass 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 Lee Danner & Bass registered with the SEC?
Yes, Lee Danner & Bass has been registered with the SEC as an investment adviser since 27 November 1987. Its CRD number is 111002 and its SEC file number is 801-30924.
Source: Form ADV Part 1A, Item 1, filed 1 July 2026; IAPD firm record
How do I contact Lee Danner & Bass?
Lee Danner & Bass’ main office is at 3100 West End Avenue, Suite 1250, Nashville, TN 37203. Its phone number is 615-244-7775. Its website is leedannerbass.com.