Clients
Lee Overlay Partners serves 11 clients, 6 of them state or municipal government entities. The average client has about $2.13 billion with the firm.
- Pension and profit-sharing plans2 clients6%
- Charitable organizations2 clients15%
- State or municipal government entities6 clients79%
- Pooled investment vehicles1 clients0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $34,000,000 | 0.1% | $34.0M |
| Pension and profit-sharing plans | 2 | $1,400,000,000 | 6.0% | $700.0M |
| Charitable organizations | 2 | $3,400,000,000 | 14.5% | $1.70B |
| State or municipal government entities | 6 | $18,561,000,000 | 79.3% | $3.09B |
| Total | 11 | $23,395,000,000 | 100% | $2.13B |
- Clients
- 1
- Regulatory AUM
- $34,000,000
- Share
- 0.1%
- Avg. per client
- $34.0M
- Clients
- 2
- Regulatory AUM
- $1,400,000,000
- Share
- 6.0%
- Avg. per client
- $700.0M
- Clients
- 2
- Regulatory AUM
- $3,400,000,000
- Share
- 14.5%
- Avg. per client
- $1.70B
- Clients
- 6
- Regulatory AUM
- $18,561,000,000
- Share
- 79.3%
- Avg. per client
- $3.09B
Total
- Clients
- 11
- Regulatory AUM
- $23,395,000,000
- Share
- 100%
- Avg. per client
- $2.13B
What it does
Lee Overlay Partners provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Lee Overlay Partners provided financial planning to 0 clients last fiscal year and advises 1 private funds.
100.0% of assets ($23.39B across 12 accounts) are managed with discretion. 25% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Other100%
- Derivatives100%
Custodians
Lee Overlay Partners’ client accounts are held mainly at J.P. Morgan, with 45% of managed assets, and State Street Bank and Trust, with 30%. Lee Overlay Partners does not have custody of client assets.
- State Street Bank and TrustState Street Bank and Trust · Boston, MA · $7.02B30%
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $5.06B22%
- J.P. MorganJP Morgan Chase N.A. · Columbus, IN · $10.50B45%
- All other custodians$819.0M4%
Ownership and leadership
Adrian Lee owns 75% or more of Lee Overlay Partners.
- Owns 75% or more of Lee Overlay Partners LTD
Adrian Lee
Control person · since March 1999
- Owns 75% or more of Lee Overlay Partners LTD
Lee Overlay Partners Holding Company Limited
Control person · since February 2006
- Owns 75% or more of Lee Overlay Partners LTD
Adrian Lee Services Limited
Control person · since May 1998
Leadership
- Adrian LeePresident and Chief Investment Officer
- Kevin MahonChief Operating Officer
- Nichola HoganChief Compliance Officer
- Ciara FlynnExecutive Director
- Kevin MahonExecutive Director
Staff
- 29 employees
- 17 in advisory functions
- 1 soliciting firm
Fees
Lee Overlay Partners is paid through a percentage of assets under management and performance-based fees.
Lee Overlay Partners’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Lee Overlay Partners has 1 office, with 1 listed address with no US state reported.
Other business names
Lee Overlay Partners has reported 1 other business name to the SEC.
- Adrian Lee & Partners
Registration details
- Legal name
- Lee Overlay Partners LTD
- Headquarters
- West Pier Business Campus, Dun Laoghaire, Co Dublin, Ireland A96 F8C0
- Phone
- 35316318500
- Website
- Not reported
- SEC file
- 801-57009
- Structure
- corporation organized in Ireland
- Fiscal year end
- June
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Lee Overlay Partners have?
Lee Overlay Partners has 11 clients and manages $23.4 billion for them, as of September 2026. They include 6 state or municipal government entities, 2 pension and profit-sharing plans and 2 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does Lee Overlay Partners offer?
Lee Overlay Partners provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Lee Overlay Partners use?
Lee Overlay Partners’ separately managed account assets are held at JP Morgan Chase N.A. (Columbus, IN), with $10,499,000,000, State Street Bank and Trust (Boston, MA), with $7,017,000,000 and The Bank of New York Mellon (New York, NY), with $5,060,000,000. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does Lee Overlay Partners have?
Lee Overlay Partners has 0 investment adviser representatives registered with state securities authorities, out of 29 employees, and 17 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 Overlay Partners invest in?
At the end of its last fiscal year, Lee Overlay Partners’ separately managed accounts held 100% derivatives. It advises 1 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lee Overlay Partners?
Lee Overlay Partners’ direct owners are Adrian Lee (75% or more), Lee Overlay Partners Holding Company Limited (75% or more) and Adrian Lee Services Limited (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does Lee Overlay Partners get paid?
Lee Overlay Partners is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file