Ralph J. Lemley

LEMLEY YARLING MANAGEMENT CO

MADISON, WI

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CRD#: 306406

Professional summary

Ralph Jacob Lemley II, who also goes by Bud Lemley II, is a registered financial advisor currently at LEMLEY YARLING MANAGEMENT CO located in Madison, Wisconsin and LEMLEY, YARLING & CO. located in Independence, Kentucky.

Ralph is registered as an IAR (Investment Advisor Representative) and RR (Registered Representative) and started their career in finance in 1966. Ralph has worked at 4 firms and has passed the Series 63, Series 99TO, SIE, Series 7, Series 1, Series 14, Series 28 and Series 24 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Bud Lemley Ii

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.

LEMLEY, YARLING & CO. BROKER DEALER 3051 ALDERBROOK DR INDEPENDENCE, KY OWNER AND REGISTERED REPRESENTATIVE MR. LEMLEY EXECUTES AND ALLOCATES TRADES THROUGH LEMLEY YARLING & CO. SINCE 07/1986 INVESTMENT RELATED 12hrs PER WEEK DURING SECURITIES TRADING HOURS

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Ralph Jacob Lemley II's CRS (Customer Relationship Summary).

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®

None

Experience

Current

May 10, 2012 - Present

LEMLEY YARLING MANAGEMENT CO

RIA

CRD#: 110792

MADISON, WI

Current

October 6, 1986 - Present

LEMLEY, YARLING & CO.

Office #1: 3051 Alderbrook Dr, Independence, KY 41051

CRD#: 18234

INDEPENDENCE, KY

Past

April 18, 1983 - October 14, 1986

THE CHICAGO CORPORATION

CRD#: 1449

Past

September 15, 1966 - April 25, 1983

WINTRUST INVESTMENTS LLC

CRD#: 875

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

IAR

means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.

indicates the advisor is registered as a Registered Representative in this state, allowing them to offer securities such as stocks, bonds, and mutual funds through a broker-dealer.

Visual representation of state registrations

California
(10/10/1991)

Illinois
(3/3/1987)

IAR

Illinois
(5/10/2012)

Kentucky
(5/23/2025)

IAR

Kentucky
(12/1/2025)

Minnesota
(2/27/2015)

New Mexico
(9/6/2005)

North Carolina
(11/12/1991)

Ohio
(10/23/1991)

Virginia
(11/6/1991)

Wisconsin
(9/25/1991)

IAR

Wisconsin
(8/29/2014)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state. Note: This rule does not apply to broker-dealer activity.

Exams

State Security Law Exam

Series 63

Date: 9/12/1983

Uniform Securities Agent State Law Examination

General Industry/Product Exam

Series 99TO

Date: 1/2/2023

Operations Professional Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 9/17/1977

General Securities Representative Examination

General Industry/Product Exam

Series 1

Date: 9/14/1966

Registered Representative Examination

Principal/Supervisory Exam

Series 14

Date: 1/2/2023

Compliance Officer Examination

Principal/Supervisory Exam

Series 28

Date: 6/2/1994

Introducing Broker/Dealer Financial Operations Principal Examination

Principal/Supervisory Exam

Series 24

Date: 9/16/1980

General Securities Principal Examination

SRO Registrations

FINRA

Current Firm

LEMLEY YARLING MANAGEMENT CO

CRD#: 110792 / SEC#: 801-22099

RIA

Registered Investment Advisory firm - (5/24/2012 Terminated)

Illinois

Registered Investment Advisory firm - (5/10/2012 Approved)

Wisconsin

Registered Investment Advisory firm - (8/28/2014 Approved)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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Contact information

Main Address

Independence, KY

Mailing Address

Phone number

(312) 925-5248

Established

Firm type

Fiscal year end

# of Employees

Documents

Latest Form ADV

Regulatory assets under management

Total Number of Accounts	40
AUM (Assets Under Management)	$ 14,000,000

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

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Firm Stability Insights

Ralph J. Lemley

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Ralph Jacob Lemley II's CRS (Customer Relationship Summary).

Certified licenses

Experience

LEMLEY, YARLING & CO.

THE CHICAGO CORPORATION

WINTRUST INVESTMENTS LLC

State Registrations and Notice Filings

Exams

Series 63

Date: 9/12/1983

Series 99TO

Date: 1/2/2023

SIE

Date: 10/1/2018

Series 7

Date: 9/17/1977

Series 1

Date: 9/14/1966

Series 14

Date: 1/2/2023

Series 28

Date: 6/2/1994

Series 24

Date: 9/16/1980

FINRA

Current Firm

LEMLEY YARLING MANAGEMENT CO

Contact information

Documents

Regulatory assets under management

Red Flags

Company Information

LEMLEY YARLING MANAGEMENT CO

TRUST BUT VERIFY

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