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SEC-registered adviser

N•••••• C•••••• M••••••••• L••

Independent wealth managerSouth Pasadena, CaliforniaCRD 148516SEC 801-110353websiteIAPD
Latest filing Mar 12, 2026
First filing on the tape Mar 31, 2017 · 15 filings
SEC status approved since Apr 7, 2017
RAUM
$154M
reported, Item 5.F
Discretionary
93%
of RAUM
Private clients
94%
$145M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$38.5M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$154M as of Mar 12, 2026
Mar 15, 2018$122M then
HNW client RAUM$122M as of Mar 12, 2026
Mar 15, 2018$82.8M then
State-registered IARs (5.B.3)4 as of Mar 12, 2026
Mar 15, 20182 then
Employees (5.A)5 as of Mar 12, 2026
Mar 15, 20185 then
Private funds: no history
RAUM +6.8% over the last fiscal year+3.6% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 12, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$38.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
108derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.4MderivedHNW RAUM over HNW clients
Average account
$352,744derivedRAUM over accounts (5.F.2.f)
Discretionary
93%derivedof RAUM
Institutional
5.9%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+6.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.8%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$122M79%
  • Individuals$23.1M15%
  • Pension and profit-sharing plans$6.2M4.0%
  • Charitable organizations$2.9M1.9%
Individual clients
343reported
HNW clients
87reported
Pension plan clients
3reported
Charitable clients
4reported
Accounts
437reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.94 fund_share=0.0 institutional_share=0.06 related_bd=true related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
J•• C••••••••• L••South Pasadena, CaJul 1, 200938 y3
K•••• D•••••• W•••••••Roseville, Ca Nov 20, 202425 y3
S••••• M•••••• S••••••Chartered Financial AnalystSouth Pasadena, CaJan 1, 202529 y1
E••••• B••••••South Pasadena, CaNov 10, 202522 y2
Advisor movement
0 left, 1 joined in 12 months
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••• J••• C••••••••• · Managing Member & Chief Compliance Officercontrol
    since 07/2009 · owns 25% to 50%
  • S••••••• S•••••• M•••••• · Managing Membercontrol
    since 07/2009 · owns 25% to 50%
  • B••••••• E••••• · Owner/Member
    since 12/2015 · owns 5% to 10%
  • P••••••••• A•••• · Owner/Member
    since 07/2009 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
South Pasadena, Ca · principal410
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 406 to 437
    Mar 12, 2025 to Mar 12, 2026
  • HNW clients · 77 to 87
    Mar 12, 2025 to Mar 12, 2026
  • Individual clients · 322 to 343
    Mar 12, 2025 to Mar 12, 2026
  • Employees · 4 to 5
    Mar 12, 2025 to Mar 12, 2026
  • Discretionary RAUM · $134M to $143M
    Mar 12, 2025 to Mar 12, 2026
  • HNW RAUM · $115M to $122M
    Mar 12, 2025 to Mar 12, 2026
  • Individual RAUM · $21.3M to $23.1M
    Mar 12, 2025 to Mar 12, 2026
  • Non-discretionary RAUM · $10.3M to $11.0M
    Mar 12, 2025 to Mar 12, 2026
  • Pension RAUM · $5.8M to $6.2M
    Mar 12, 2025 to Mar 12, 2026
  • RAUM · $144M to $154M
    Mar 12, 2025 to Mar 12, 2026
  • Accounts · 438 to 406
    Apr 10, 2024 to Mar 12, 2025
  • Advisory activities · 2 to 3
    Apr 10, 2024 to Mar 12, 2025
  • BD registered reps · 1 to 0
    Apr 10, 2024 to Mar 12, 2025
  • Charity clients · 2 to 4
    Apr 10, 2024 to Mar 12, 2025
  • HNW clients · 76 to 77
    Apr 10, 2024 to Mar 12, 2025
  • Individual clients · 357 to 322
    Apr 10, 2024 to Mar 12, 2025
  • Employees · 5 to 4
    Apr 10, 2024 to Mar 12, 2025
  • Financial planning clients · unset to
    Apr 10, 2024 to Mar 12, 2025
  • State-registered IARs · 3 to 4
    Apr 10, 2024 to Mar 12, 2025
  • Discretionary RAUM · $133M to $134M
    Apr 10, 2024 to Mar 12, 2025
  • HNW RAUM · $113M to $115M
    Apr 10, 2024 to Mar 12, 2025
  • Individual RAUM · $21.9M to $21.3M
    Apr 10, 2024 to Mar 12, 2025
  • Non-discretionary RAUM · $9.7M to $10.3M
    Apr 10, 2024 to Mar 12, 2025
  • Pension RAUM · $5.4M to $5.8M
    Apr 10, 2024 to Mar 12, 2025
  • RAUM · $143M to $144M
    Apr 10, 2024 to Mar 12, 2025
  • Accounts · 392 to 438
    Mar 6, 2023 to Mar 27, 2024
  • HNW clients · 64 to 76
    Mar 6, 2023 to Mar 27, 2024
  • Individual clients · 323 to 357
    Mar 6, 2023 to Mar 27, 2024
  • Discretionary RAUM · $131M to $133M
    Mar 6, 2023 to Mar 27, 2024
  • HNW RAUM · $111M to $113M
    Mar 6, 2023 to Mar 27, 2024
  • Individual RAUM · $19.8M to $21.9M
    Mar 6, 2023 to Mar 27, 2024
  • Non-discretionary RAUM · $7.4M to $9.7M
    Mar 6, 2023 to Mar 27, 2024
  • Pension RAUM · $5.1M to $5.4M
    Mar 6, 2023 to Mar 27, 2024
  • RAUM · $139M to $143M
    Mar 6, 2023 to Mar 27, 2024
  • Related broker-dealer · false to true
    Mar 6, 2023 to Mar 27, 2024
  • Accounts · 376 to 392
    Mar 21, 2022 to Mar 6, 2023
  • Charity clients · unset to 2.0
    Mar 21, 2022 to Mar 6, 2023
  • HNW clients · 60 to 64
    Mar 21, 2022 to Mar 6, 2023
  • Individual clients · 312 to 323
    Mar 21, 2022 to Mar 6, 2023
  • Pension plan clients · unset to 3.0
    Mar 21, 2022 to Mar 6, 2023
Signals
1 dated events
  • N•••••• C•••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
    Mar 31, 2017 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
626-208-1463reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
626-796-8898reportedpublished by the firm, firm site, Sep 15, 2026
Website
N••••••LLC.COMreportedpublic record, Form ADV, Sep 21, 2026
Principal office phone
626-796-8898reportedpublic record, Form ADV, Mar 12, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$38.5Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026