Lebanon, MO Office

Lanark Financial provides investment management, financial planning, and related advisory services to individuals (including high-net-worth clients), retirement plans, trusts, foundations, municipalities, and other institutional clients. The firm manages approximately $1.78 billion in client assets across multiple advisor teams and offers program-based accounts through ProAM, APS, Envestnet and several RBC-sponsored IA programs.

Lanark evaluates client circumstances through a Client Profile and delivers advice via a mix of discretionary and non-discretionary arrangements, with roughly $795 million managed discretionary and $989 million managed non-discretionary as of December 31, 2025. The firm acts as a program sponsor and uses third‑party and affiliated sub‑advisers, overlay managers, and model portfolios, and it offers optional services such as tax overlay management and personal conviction overlay screens on UMA and model-based accounts.

Distinctive features noted in the brochure include dual registration as a FINRA‑member broker‑dealer and registered investment adviser (SIPC member), the operation of an affiliated investment‑management division (Lanark Asset Management), and an affiliated advisory firm (Financial Advisory Partners). The brochure also discloses prior regulatory settlement activity involving NBC Securities related to mutual fund share‑class disclosure and 12b‑1 fees (disgorgement and prejudgment interest of $393,491.51 plus $32,628.32), and describes brokerage‑side activities and compensation practices (including commissionable insurance and interest‑sharing on cash sweep programs) that can create conflicts of interest distinct from many peer multi‑team advisory firms.