Lauer Capital Management Ltd
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
The firm provides discretionary investment management to individuals (including high-net-worth clients), trusts, foundations, endowments, corporations and other entities. It constructs conservative portfolios using individual equities and fixed income securities, along with open- and closed-end mutual funds and exchange-traded funds.
Investment decisions are guided by a liability-driven approach: the firm develops a written investment policy with each client that links asset allocation to the client’s future liabilities, objectives and risk tolerance. Risk management is framed as the cash‑flow relationship between assets and liabilities, with an emphasis on seeking consistent absolute returns, avoiding material loss, and maintaining generally low turnover under discretionary authority.
Noteworthy features include a small advisory team managing approximately $323 million across about 90 client relationships, producing higher-than-typical assets under management per advisor and per client for a firm of this size. The firm operates on a fee‑only basis, purchases research on a hard‑dollar basis, occasionally offers hourly consulting, and may accept standing transfer authorizations that create limited custody while documenting compliance with SEC no‑action conditions.
Client services
Expertise
Fee options
$0 - $1,000,000: 1.00% $1,000,000 - $2,000,000: 0.75% $2,000,000+: 0.50%
$200 per hour
Fee-only: Fee-only basis; no commissions or markups received.
Main office
1720 S. Spring Avenue
Sioux Falls SD 57105
Advisors at this office
2
Most active in
South Dakota
Also doing business as
Lauer Capital Management Ltd · Lauer Capital Management Ltd. · Lauer, Fromelt Capital Management Ltd.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
E F
CFA®, Series 63
Sioux Falls, SD
Lauer Capital Management Ltd
E Fromelt is a CFA® charterholder with 16 years of industry experience, currently serving as the sole advisor at Lauer Capital Management Ltd since 2008. Located in Sioux Falls, SD, he holds a Series 63 registration and has focused his career at this firm. Lauer Capital Management Ltd. provides discretionary portfolio management to individuals, high-net-worth clients, trusts, estates, charitable institutions, foundations, endowments, corporations, and other business entities. The firm emphasizes an asset/liability framework that aligns portfolio risk with clients’ future cash-flow needs, prioritizing risk management and consistent, absolute returns through generally conservative allocations and low turnover.
Richard L
CFA®, Series 63, Series 65
Sioux Falls, SD
Lauer Capital Management Ltd
Richard Lauer is the sole advisor at Lauer Capital Management Ltd., a firm he founded in 1994. He holds the CFA® designation along with Series 63 and Series 65 licenses and has 23 years of industry experience. Lauer Capital Management Ltd. provides discretionary portfolio management to individuals, trusts, estates, charitable institutions, foundations, endowments, corporations, and other business entities. The firm’s investment approach links portfolio risk to clients’ future cash-flow needs, emphasizing risk management, avoidance of principal loss, and consistent absolute returns through generally conservative allocations and low turnover.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)