Marsha Lee & Company,Inc.

Marsha Lee and Company, Inc. provides investment advisory and portfolio management services to individuals, high-net-worth clients, trusts, pension plans and other businesses, with the brochure noting that the majority of its accounts are for individuals who are not classified as high-net-worth. The firm implements portfolios using stocks, bonds, mutual funds, investment trusts, certificates of deposit and other securities, and offers clients the choice of asset‑based management fees or a full commission (transaction‑based) billing arrangement.

The firm describes an active, discretionary management approach that starts with collecting suitability information and setting objectives and risk tolerance, then allocating across asset classes to seek diversification and risk optimization. Trading and clearing are conducted through First Allied Securities with custody at Pershing (or other approved custodians), the firm may average trade pricing across clients, and it provides quarterly performance reporting to clients.

Notable differences from many peers include that the firm’s advisory personnel are also registered representatives of a broker‑dealer and the brochure discloses the use of commission and principal fixed‑income transactions — arrangements that are less common among similar supported firms and that the firm addresses through its Code of Ethics and disclosures. The firm operates with a relatively small client base and a long operating history, and it generally expects clients to vote proxies themselves while offering voting recommendations on request.