Lee-Way Financial Services provides financial planning, portfolio management for individuals and small businesses, and portfolio management for institutions. Financial planning was provided to 101–250 clients last fiscal year.
Lee-Way Financial Services reports 108 clients. They include 57 individual clients, 46 high-net-worth individuals and 4 charitable organizations. Of its assets, 100.0% ($132M across 215 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 53% | 13% |
| High-net-worth individuals | 43% | 82% |
| Charitable organizations | 4% | 4% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 57 | $17.5M | 13.2% | $307K |
| High-net-worth individuals | 46 | $109M | 82.1% | $2.36M |
| Charitable organizations | Fewer than 5 | $5.9M | 4.5% | $1.48M |
| Corporations and other businesses | Fewer than 5 | $200K | 0.2% | $200K |
| Total | 108 | $132M | 100% | — |
- Clients
- 57
- Regulatory AUM
- $17.5M
- AUM share
- 13.2%
- Avg. per client
- $307K
- Clients
- 46
- Regulatory AUM
- $109M
- AUM share
- 82.1%
- Avg. per client
- $2.36M
- Clients
- Fewer than 5
- Regulatory AUM
- $5.9M
- AUM share
- 4.5%
- Avg. per client
- $1.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $200K
- AUM share
- 0.2%
- Avg. per client
- $200K
Total
- Clients
- 108
- Regulatory AUM
- $132M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 101–250
Lee-Way Financial Services is paid through a percentage of assets under management. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure.
Chad Edmonson owns 75% or more of Lee-Way Financial Services. The leadership team of Lee-Way Financial Services includes President Chad Edmonson. It has 2 employees, 1 of them in advisory roles.
Staff
- 2 employees
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Lee-Way Financial Services, Inc
Chad Edmonson
Control person · since June 2015
Besides its headquarters, Lee-Way Financial Services has 0 offices, with 1 listed address in 1 state.
Mississippi · 1 listed address
- 1711 South 28th Avenue, HattiesburgHQ
Contact and registration details
- Legal name
- Lee-Way Financial Services, Inc
- Headquarters
- 1711 South 28th Avenue, Hattiesburg, MS 39402
- Website
- leewayfinancial.com
- Phone
- 917-952-4262
- SEC file
- 801-135765
- Structure
- Mississippi corporation
- Fiscal year end
- December
Lee-Way Financial Services’ named custodian for separately managed accounts is Charles Schwab ($50.5M). Lee-Way Financial Services does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $50.5M100%
At year end, Lee-Way Financial Services’ separately managed accounts were mostly in stocks (52%) and funds (27%).
What the accounts hold
- Stocks52%
- Funds27%
- Bonds20%
- Investment grade corporate bonds14%
- High-yield corporate bonds5%
- State and local bonds1%
- Cash1%
How many clients does Lee-Way Financial Services have?
Lee-Way Financial Services has 108 clients and manages $132 million for them, as of March 2026. They include 57 individual clients, 46 high-net-worth individuals and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 March 2026
What services does Lee-Way Financial Services offer?
Lee-Way Financial Services provides financial planning, 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
Which custodians does Lee-Way Financial Services use?
Lee-Way Financial Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $50.5M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 March 2026
How many financial advisors does Lee-Way Financial Services have?
Lee-Way Financial Services has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 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-Way Financial Services invest in?
At the end of its last fiscal year, Lee-Way Financial Services’ separately managed accounts held 52% exchange-traded equities, 27% registered funds (mutual funds, ETFs, BDCs), 14% investment grade corporate bonds, 5% high-yield corporate bonds, 1% state and local bonds 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 Lee-Way Financial Services?
Lee-Way Financial Services’ direct owner is Chad Edmonson (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 5 March 2026
How does Lee-Way Financial Services get paid?
Lee-Way Financial Services 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
How do I contact Lee-Way Financial Services?
Lee-Way Financial Services’ main office is at 1711 South 28th Avenue, Hattiesburg, MS 39402. Its phone number is 917-952-4262. Its website is leewayfinancial.com.