Lombard Advisers Incorporated

Lombard Advisers provides personalized investment management to individuals (including high‑net‑worth clients), retirement plans, trusts, estates, charitable organizations, and small businesses. The firm offers platform portfolio management, held‑away asset management, retirement plan advisory, and access to a variety of wrap and separately managed program options through its clearing relationships.

Lombard employs both discretionary and non‑discretionary programs — including IAR‑directed discretionary accounts, client‑directed non‑discretionary accounts, held‑away discretionary management via a third‑party order management system, and multiple wrap program strategies. Portfolios are constructed and monitored using a mix of fundamental, technical, charting and cyclical analysis and the firm documents client goals and restrictions; notably, a majority of the firm’s reported AUM is managed on a non‑discretionary basis, so many clients retain final trading authority.

The adviser is a wholly owned subsidiary of Lombard Securities Incorporated, a registered broker‑dealer, and routinely directs brokerage and clearing through that affiliate and its clearing firm (First Clearing/WFCS), with disclosures in the ADV about revenue‑sharing and sweep/rebate arrangements. Lombard also uses third‑party wrap/manager programs and engages promoters under the SEC Marketing Rule — features that, together with the affiliated broker‑dealer relationship and the higher share of non‑discretionary assets, distinguish it from many multi‑team peers.