Overview
Description
Founded in 1992, Lynx Investment Advisory provides investment consulting services to individual and
institutional clients and serves as advisor to one multi-manager private fund. Lynx is majority owned by
CIG Capital Holdings, Inc. with the balance of ownership held by firm employees.
Services
Lynx advises clients throughout the investment process and assists with identifying investment goals,
creating an Investment Policy Statement, determining an optimal portfolio asset allocation, researching and
choosing investment managers, account opening and funding, performance review and ongoing portfolio
monitoring. Most client portfolios are customized to the individual needs of our clients but Lynx also
advises some discretionary accounts managed as a model portfolio. There are many factors that affect the
recommended allocation and manager selection for each client, including but not limited to time horizon,
risk tolerance, spending and liquidity needs, and, if appropriate, tax considerations. There may be times
when a client may impose a restriction on investing in certain types of securities. Lynx makes every attempt
to work with the recommended
managers to honor such requests. However, sometimes the investment
structure (e.g. mutual fund) will preclude Lynx from controlling the specific outcome requested by the
client. In either case Lynx will discuss the feasibility of the request with the client to ensure that their
expectations are met.
Discretionary & Non-Discretionary Assets
As of December 31, 2023, Lynx managed $214,303,516 on a discretionary basis.
As of December 31, 2023, Lynx managed $867,484,871 on a non-discretionary basis. This includes client
accounts held at Schwab and Fidelity and various other custodians. While Lynx has the power to place
trades in accounts held at Schwab and Fidelity, we request written permission from non-discretionary clients
to make allocation changes and place trades in client accounts. The only exception to this is that we do, on
occasion, place sell orders to raise cash for checks written on client accounts or to pay Lynx quarterly
advisory fees.
In addition, Lynx sometimes provides portfolio monitoring services that include making periodic allocation
and/or manager recommendations, ongoing performance reporting, and providing macro-economic outlook.