Overview
A. Description of the Advisory Firm
EJL Asset Management, LLC is a Limited Liability Company organized in the state of
Delaware.
This firm has been in business since April 2011, and the principal owner is Edward John
Lazerow.
B. Types of Advisory Services
EJL Asset Management, LLC (hereinafter “EJL”) offers the following services to advisory
clients:
Investment Supervisory Services
EJL offers ongoing portfolio management services based on the individual goals,
objectives, time horizon, and risk tolerance of each client. EJL creates an Investment
Policy Statement for each client, which outlines the client’s current situation (income, tax
levels, and risk tolerance levels) and then constructs a plan (the Investment Policy
Statement) to aid in the selection of a portfolio that matches each client’s specific
situation. Investment Supervisory Services include, but are not limited to, the following:
• Investment strategy • Personal investment policy
• Asset allocation • Asset selection
• Risk tolerance • Regular portfolio monitoring
EJL evaluates the current investments of each client with respect to their risk tolerance
levels and time horizon. EJL will request discretionary authority from clients in order to
select securities and execute transactions without permission from the client prior to
each transaction. Risk tolerance levels are documented in the Investment Policy
Statement, which is given to each client.
Services Limited to Specific Types of Investments
EJL limits its money management to mutual funds, equities,
bonds, fixed income, debt
securities, ETFs, real estate, hedge funds, REITs, insurance products including annuities,
private placements, and government securities. EJL may use other securities as well to
help diversify a portfolio when applicable.
C. Client Tailored Services and Client Imposed Restrictions
ELJ offers the same suite of services to all of its clients. However, specific client
investment strategies and their implementation are dependent upon the client
Investment Policy Statement which outlines each client’s current situation (income, tax
levels, and risk tolerance levels). Clients may/ may not impose restrictions in investing
in certain securities or types of securities in accordance with their values or beliefs.
However, if the restrictions prevent ELJ from properly servicing the client account, or if
the restrictions would require ELJ to deviate from its standard suite of services, ELJ
reserves the right to end the relationship.
Clients may impose restrictions in investing in certain securities or types of securities in
accordance with their values or beliefs. However, if the restrictions prevent EJL from
properly servicing the client account, or if the restrictions would require EJL to deviate
from its standard suite of services, EJL reserves the right to end the relationship.
D. Wrap Fee Programs
EJL does not participate in any wrap fee programs.
E. Amounts Under Management
EJL has the following assets under management:
Discretionary Amounts: Non-discretionary Amounts: Date Calculated:
$35,392,950 $0.00 June 2023
