L & B Realty Advisors, LLP
Registered investment adviser · Dallas, TX · CRD #136654
Form ADV data as of 2026-09-01Regulatory assets
$218,557
Total accounts
1
Employees
70
Disclosure events
0
Firm details
- Website: http://www.lbrealty.com
- Telephone: 214-989-0800
- SEC file number: 801-64726
- Most recent Form ADV filing: 2026-03-20
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $218,557 |
| Non-discretionary regulatory assets under management | $0 |
| Total regulatory assets under management | $218,557 |
| Discretionary accounts | 1 |
| Non-discretionary accounts | 0 |
| Total accounts | 1 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 70 |
| Employees performing investment advisory functions (including research) | 55 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | Yes |
| Has custody of client securities | Yes |
| Client funds and securities held in the firm's custody | $36.0 million |
| Clients for whom the firm has custody | 9 |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $203,945 |
| Clients for whom a related person has custody | 1 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Client types
| Type of client | Clients | Assets |
|---|---|---|
| High net worth individuals | 1 | Not reported |
| Pooled investment vehicles (other than investment companies and BDCs) | 1 | $218,557 |
| Pension and profit sharing plans (not the participants or government plans) | 3 | Not reported |
| State or municipal government entities (including government pension plans) | 6 | Not reported |
| Other investment advisers | 1 | Not reported |