The L. Warner Companies, Inc
- Regulatory AUM
- $802M
- Discretionary
- $802M
- Clients
- 465
- Avg AUM / client
- $1.7M
- Accounts
- 381
- Employees
- 38
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Aug 05, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 172 | $67.1M | 8.36% |
| High net worth individuals | 180 | $678M | 84.5% |
| Banking or thrift institutions | Fewer than 5 clients | — | — |
| Pension and profit sharing plans | 100 | $27.6M | 3.44% |
| Charitable organizations | 5 | $15.3M | 1.91% |
| State or municipal government entities | Fewer than 5 clients | — | — |
| Other investment advisers | Fewer than 5 clients | — | — |
| Insurance companies | Fewer than 5 clients | — | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 clients | — | — |
| Corporations and other businesses | 3 | $14.2M | 1.77% |
| Other | 5 | — | — |
People (11)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Edwin Scott Killinger | Chief Compliance Officer/Chief Investment Officer | CFP CFA | Sep 1999 (27y) | Less than 5% |
| Warner, Lee, William | Chairman/Chief Executive Officer | Sep 1999 (27y) | Less than 5% | |
| Ilene Salcman | Registered representative | Mar 2004 (22y) | ||
| Thomas Joseph Gramigna | Registered representative | Mar 2004 (22y) | ||
| Timothy Joseph Truss | Registered representative | May 2009 (17y) | ||
| Derek John Elphick | Registered representative | CFA | Aug 2016 (10y) | |
| Ala Smochinsky | Registered representative | Jan 2022 (5y) | ||
| Michael Thomas Anderson | Registered representative | Jan 2022 (5y) | ||
| Edward A Dixon | Registered representative | Jul 2024 (2y) | ||
| Raymond Penzi | Registered representative | CFP Chartered Financial Consultant | Nov 2024 (2y) | |
| Richard Dean Spivey | Registered representative | Chartered Financial Consultant | Jan 2026 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Foundation Risk Partners, Corp. | Owner | May 2021 | A | 75% or more |
| Frp Parent, Corp. | Owner | May 2021 | B | ≈ 56.25% – 100% via Foundation Risk Partners, Corp. |
| Frp Holdings, Corp. | Owner | May 2021 | B | ≈ 42.19% – 100% via Frp Parent, Corp. |
| Frp Investors Ii, Lp | Owner | Sep 2022 | B | ≈ 23.73% – 100% via Frp Parent Ii, Corp. |
| Frp Parent Ii, Corp. | Owner | Sep 2022 | B | ≈ 31.64% – 100% via Frp Holdings, Corp. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Frp Parent, Corp.: 75% – 100% of Foundation Risk Partners, Corp. × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Frp Holdings, Corp.: 75% – 100% of Frp Parent, Corp. × 75% – 100% of Foundation Risk Partners, Corp. × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Frp Investors Ii, Lp: 75% – 100% of Frp Parent Ii, Corp. × 75% – 100% of Frp Holdings, Corp. × 75% – 100% of Frp Parent, Corp. × 75% – 100% of Foundation Risk Partners, Corp. × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Frp Parent Ii, Corp.: 75% – 100% of Frp Holdings, Corp. × 75% – 100% of Frp Parent, Corp. × 75% – 100% of Foundation Risk Partners, Corp. × 75% – 100% direct ≈ 31.64% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1010 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Commissions
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $19.5M (2% of AUM) Mar 2026
- Interactive Brokers $2.6M (0% of AUM) Apr 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Aug 05, 2026.
View current Form ADV (SEC/IAPD) ↗