Lokken Chesnut & Cape, Incorporated (La Crosse)

Name: Lokken Chesnut & Cape, Incorporated
Address: 201 Main St Ste 200, La Crosse, WI, 54601
Telephone: 608-782-6470

Lokken Chesnut & Cape, Incorporated is a large advisory firm based in La Crosse. It manages $125.3 million of regulatory assets for 323 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Illinois, Minnesota, and Wisconsin.

Lokken Chesnut & Cape, Incorporated provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and selection of other advisers. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lokken Chesnut & Cape, Incorporated: assets under management

The assets under management (AUM) of Lokken Chesnut & Cape, Incorporated is $125.3 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $109.32 million in discretionary accounts and $15.98 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $363.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $726.25 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lokken Chesnut & Cape, Incorporated for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lokken Chesnut & Cape, Incorporated

Michael Alan Reindl has been acting as President since 1 Sep 1998. Michael Joseph Falbo joined the executive team most recently as the Chairman Of Board.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Daniel Lee Westrope	Director	1 Sep 1990	Other	2475815
James Cape Naleid	President; senior investment officer	1 May 1991	Other	1019392
Jeffrey Melvin Lokken	Ceo; chief investment officer	1 Mar 1993	Other	1156819
Paul Howard Robinson	Senior executive vice president; secretary/treasurer	1 Nov 1997	Other	4358922
Michael Joseph Falbo	Chairman of board	1 Sep 1998	Other	4358926
Michael Alan Reindl	Director	1 Sep 1998	Other	4358933
State Financial Services Corporation	Shareholder	1 Sep 1998	75% - 100%	39-1489983

Based in La Crosse

The principal office where Lokken Chesnut & Cape, Incorporated performs its advisory services is located at 201 Main St Ste 200, La Crosse, WI 54601, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 608-782-6470 or by fax 608-782-7880. The normal business hours are 9:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.lccape.com.