Lonestar Registered Investment Advisors, LLC

RIASEC RegisteredEst. 2023
Total AUM
$336M
Discretionary
$336M
100% of AUM
Avg account
$281K
Accounts
1,195
Employees
12
Advisory reps
11

Firm details

Headquarters
Lubbock, Texas
CRD number
144200
Registered since
August 11, 2023
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types
  • Individuals66.22%
  • HNWI32.99%
  • Charitable Organizations0.79%
Services
Financial PlanningSelection of Other Advisers

Firm profile

FINTRX

Overview

Lonestar Registered Investment Advisors, LLC is an independent registered investment adviser organized as an LLC and SEC-registered in 2023. The firm acts as a capital allocator for both individual & family and institutional clients, offering fee arrangements that include a percentage of AUM, hourly billing, fixed fees and other structures. Its advisory scope emphasizes financial planning and the selection of third-party advisers rather than concentrated proprietary product distribution. The firm is not flagged as an active ESG investor, and the snapshot indicates it is not designated as a multi-state adviser, though it maintains multiple physical locations (see Location & Offices). Lonestar is set up under domestic ownership and positions itself to blend discretionary portfolio management with financial-planning services and outsourced-manager selection.

Assets & Accounts

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 51%, Exchange Traded Equities 29%, Other 20%51%
  • Public Funds/Mutual Funds51%
  • Exchange Traded Equities29%
  • Other20%

Contacts

3 of 11
  • Mark Groom

    Mark Groom

    Investment Advisor RepresentativeCRD 6696103

  • Timothy Brown

    Timothy Brown

    President & OwnerCRD 873782

  • Michael Byers

    Michael Byers

    PresidentCRD 5383809

Unlock 8 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

Lubbock, TX

Lubbock

Location

Lubbock, TX

Headquartered in Lubbock, TX, anchoring the Lubbock-Plainview-Levelland, TX metro in the South.

Metro area
Lubbock-Plainview-Levelland, TX
Region
South
County
Lubbock
Address
10210 Frankford Ave
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth