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LPF Advisors
Lisa P. Frankenberger established LPF Advisors in 2005, anchoring the practice in Sarasota. The firm operates as a federally registered investment advisor,...
LPF Advisors
Lisa P. Frankenberger established LPF Advisors in 2005, anchoring the practice in Sarasota. The firm operates as a federally registered investment advisor, with Frankenberger serving as President and Chief Compliance Officer, and Conrad F. Frankenberger holding the roles of Secretary, Treasurer, and Chief Financial Officer. The dual-principal structure reflects the small, closely held nature of the practice, which serves high-net-worth individuals, families, and related entities primarily along Florida's Gulf Coast. The firm provides traditional wealth-management services — asset allocation, portfolio construction, and financial planning — with an advisory posture that prioritizes fiduciary obligation over proprietary product distribution. LPF Advisors maintains discretionary and non-discretionary accounts, allowing clients to delegate full investment authority or retain decision rights. The portfolio strategy emphasizes diversified, liquid public-market exposures through individual securities, ETFs, and mutual funds. The firm's Form ADV filings confirm it does not sponsor private funds, make direct co-investments, or participate in venture-stage deployments. LPF Advisors is run from a single office in Sarasota by a two-person leadership team. Staff numbers are not publicly disclosed; its Form ADV filing reports fewer than five investment-advisory employees, consistent with a lifestyle practice built on long-tenured client relationships. The firm has not established adjacent vehicles — no philanthropic foundation, real-asset arm, or operating company carries the LPF brand. There is no record of the firm participating in peer networks such as Tiger 21, R360, or YPO. What distinguishes LPF Advisors structurally is its oversight model: a working principal directly holds both the CCO and President titles, which merges investment governance and regulatory compliance into a single point of accountability. This contrasts with larger RIAs where those functions are institutionally separated. The Frankenberger family maintains full control of the entity, and no outside private-equity platform, roll-up, or aggregator has taken a stake. For a client, that means the person setting the compliance manual is also the person reviewing the portfolio — a structure that either concentrates trust or concentrates risk, depending on the client's vantage point.
General information
Firm type
Bank / Wealth / Trust
Year founded
2005
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Sarasota
Corporate office
Sarasota, FL, United States
Principals
Lisa P. Frankenberger
President & Chief Compliance Officer
Conrad F. Frankenberger
Secretary, Treasurer & Chief Financial Officer
Frequently asked questions
Who runs investment decisions at LPF Advisors?
Lisa P. Frankenberger, the firm's founder, serves as President and is the primary investment decision maker. She maintains both Series 7 and Series 66 licenses, along with life and health insurance licensure, spanning over three decades of industry experience (per public record, FINRA BrokerCheck). Conrad F. Frankenberger serves as CFO but does not appear in a portfolio-management capacity in regulatory filings.
Does LPF Advisors run private funds or make direct private-company investments?
No. LPF Advisors does not sponsor private funds, participate in direct co-investments, or engage in venture-stage deployments. The firm's publicly filed Form ADV confirms it does not manage pooled investment vehicles. Its investment program is built around individual securities, ETFs, and mutual funds accessible through public markets.
How does LPF Advisors charge for its services?
The firm operates on a fee-only basis, charging asset-based advisory fees calculated as a percentage of assets under management, with fee schedules negotiated directly with each client. As a non-commission, non-proprietary-product shop, its compensation is designed to align with client portfolio performance rather than transaction volume. Specific fee rates are disclosed directly to clients via Form ADV Part 2.
Is LPF Advisors affiliated with a larger bank or wealth-management platform?
No. LPF Advisors is independently owned and operated by Lisa P. Frankenberger and Conrad F. Frankenberger. The firm has not been acquired by an aggregator, a private-equity-backed roll-up, or a national brokerage platform. It remains a closely held Florida entity with its own SEC registration number.
What client types does LPF Advisors serve, and where are they located?
The firm serves individuals, high-net-worth individuals, families, pension and profit-sharing plans, trusts, estates, and charitable organizations. Client concentration is in Florida's Gulf Coast region, aligned with the firm's single-office presence in Sarasota. Form ADV disclosures indicate the client base is small enough to be served by a team of fewer than five investment-advisory professionals (per public record).
Does LPF Advisors have a discretionary mandate over client accounts?
Yes, the firm holds discretionary authority over a portion of its client assets, meaning it can execute portfolio changes without prior client approval. However, it also maintains non-discretionary accounts for clients who wish to retain final decision rights. This dual-structure allows the firm to serve both fully delegated and more engaged client types.
Who handles compliance and regulatory oversight at LPF Advisors?
Lisa P. Frankenberger personally serves as Chief Compliance Officer, creating a model where the firm's investment head and its regulatory gatekeeper are the same individual. This is rare at larger institutions where compliance is structurally independent of the investment function, but it is a common feature of closely held RIAs where the principal wears multiple hats.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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