Douglas C. Lane & Associates, Inc.

Douglas C. Lane & Associates, Inc. is an investment management company based out of New York City. The company was established in 1994 by Doug and Sharon Gay Lane, both of whom are still with the company today acting as its CEO and CFO, respectively. Douglas C. Lane & Associates has grown from its inception to now have 32 employees of which 8 are investment professionals. The company conducts its research both internally and externally, utilizing a fundamental methodology to make its investment decisions. Douglas C. Lane & Associates allocates its assets in the public equity and fixed income markets within the U.S. The company invests most heavily in the information technology sector, which alone makes up over a fifth of its total asset allocations, and also invests in the health care, consumer discretionary, industrials, transports, consumer staples, and finance sectors, among others to a lesser degree, in order of decreasing allocation. Douglas C. Lane & Associates’s top 10 holdings make up just over a fifth of its total allocations and the company has a turnover rate of approximately 14%. The company holds over $4.3 billion in total assets under management spread across over 4,100 accounts, all of which are discretionary accounts except for 4 that make up a minor $2.8 million of its managed assets. Both of Douglas C. Lane & Associates’s total number of accounts and total assets under management have been increasing with its total managed assets growing significantly from $1.5 billion back in 2010 to approaching three times that amount today. The company mainly caters to high net worth individuals, which alone makes up over half of its client base, and also provides to individuals, pension and profit sharing plans, corporations, and charities, in order of decreasing clientele. Douglas C. Lane & Associates currently provides custom portfolio management and financial planning services.