L
Lemley Yarling Management Co
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$12,000,000
Clients
17
24% high-net-worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor with up to 2 employees
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
17
TypicalAverage account size
$705,882
About
Lemley Yarling Management Co. provides individualized portfolio management and investment advice to individuals, retirement and profit-sharing plans, trusts and charitable organizations, generally managing accounts on a discretionary basis. The firm maintains a small, long‑standing client base and is not currently accepting new clients.
The firm's investment approach emphasizes risk avoidance and market timing: it looks for quality stocks when out of favor, favors large-cap equities and ETFs when invested, and holds substantial cash or short‑term Treasury positions during periods of perceived market speculation. The firm reports having increased turnover and quicker profit‑taking since 2015 in response to heightened market volatility and computerized trading, a pattern that can have tax implications for taxable accounts.
Noteworthy for a firm of its type, it wholly owns an affiliated broker‑dealer that executes all client transactions and discloses it charges both asset‑based advisory fees and per‑transaction brokerage commissions, a structure the firm identifies as a potential conflict of interest. The firm also disclosed a material change to its Form ADV since its last annual update and focuses on serving long‑tenured clients rather than onboarding new ones.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Tax-loss harvesting
Fee options
1% annually, billed quarterly at 0.25% per quarter
$7.50 per transaction plus 2¢ per share or less
Account minimum: $200,000
Main office location
Lemley Yarling Management Co
Independence KY, United States
Number of offices
2
Most active in
Lemley Yarling Management Co has reported serving >5 clients in these states in the last 12 months.
Illinois · Kentucky · Wisconsin
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through — whether you ultimately need an advisor or not.
Warmer helps you compare advisors clearly — so you can choose with confidence.
Discover
Compare top advisor firms by metric, firm size, and location.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")