Lexington Financial/Life Management, Llc
- Regulatory AUM
- $107M
- Discretionary
- $80.5M
- Clients
- 44
- Avg AUM / client
- $2.4M
- Accounts
- 157
- Employees
- 6
AUM over time
Annual snapshots from Form ADV filings · as of Apr 29, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 19 | $4.7M | 4.39% |
| High net worth individuals | 22 | $100M | 93.8% |
| Pension and profit sharing plans | 3 | $1.9M | 1.8% |
People (3)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Dale Edward Veitch | Co Trustee | Jun 2003 (23y) | Less than 5% | |
| Veitch, Jeanette, Teal | Co Trustee | Mar 2018 (8y) | GP / trustee / elected manager of Forever Trust (indirect) | |
| Kristopher D. Miller | Registered representative | Personal Financial Specialist | Oct 2018 (8y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lexington Financial Life Management, Llc | Managing Member | Jul 2016 | A | 75% or more |
| Pure Acquisitions Ii, Llc | Managing Member | Jan 2016 | B | ≈ 56.25% – 100% via Lexington Financial Life Management, Llc |
| Forever Trust | Member | Mar 2018 | B | ≈ 42.19% – 100% via Pure Acquisitions Ii, Llc |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Pure Acquisitions Ii, Llc: 75% – 100% of Lexington Financial Life Management, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Forever Trust: 75% – 100% of Pure Acquisitions Ii, Llc × 75% – 100% of Lexington Financial Life Management, Llc × 75% – 100% direct ≈ 42.19% – 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) | 04/29/2026 | 1.63 MB | 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
Services
- • Portfolio management for individuals/small businesses
- • Selection of other advisers
Custody
Reported custodians
- SEI Private Trust $58.3M (57% of AUM) Mar 2025
- Sei Investmentmanagement Corporation $51.3M (48% of AUM) Apr 2026
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: Apr 29, 2026.
View current Form ADV (SEC/IAPD) ↗