SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
L & B Realty Advisors, LLP
Dallas, TX
CRD 136654
Firm filing updated March 20, 2026 ·
- $218.6KAssets
- 12Clients
- 55Advisory staff
- 1Account
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- State or municipal government entities (including government pension plans)6
- Pension and profit sharing plans3
- High net worth individuals1
- Pooled vehicles1
- Other investment advisors1
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| High net worth individuals | 1 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $218,557 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | $0 |
| State or municipal government entities (including government pension plans) | 6 | $0 |
| Other investment advisors | 1 | $0 |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
People
- Employees70
- Advisory staff55
- Broker-dealer reps0
- Licensed insurance agents0
Advisors
5 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 136654, SEC file 801-64726.
- Registered with the SEC as an investment advisor (status date on record: August 31, 2005).
Is L & B Realty Advisors, LLP a fiduciary?
Short answer: L & B Realty Advisors, LLP is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.