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SEC-registered adviser

L•••• A•••• M••••••••• I•••

Independent wealth managerCRD 159938SEC 801-122985websiteIAPD
Latest filing Feb 19, 2026
First filing on the tape Sep 16, 2014 · 23 filings
SEC status approved since Jan 11, 2022
RAUM
$331M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
92%
$303M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$165M
derived; firm RAUM over IAPD count
Employees
3
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$331M as of Feb 19, 2026
Feb 7, 2015$104M then
HNW client RAUM$303M as of Feb 19, 2026
Jan 18, 2022$139M then
State-registered IARs (5.B.3)2 as of Feb 19, 2026
Feb 7, 20151 then
Employees (5.A)3 as of Feb 19, 2026
Feb 7, 20151 then
Private funds: no history
RAUM +27% over the last fiscal year+38% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
  • UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
RAUM per advisor
$165MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
5derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$37.9MderivedHNW RAUM over HNW clients
Average account
$14.4MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
8.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+27%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.0%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individualsreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$303M92%
  • Charitable organizations$27.2M8.2%
  • Individuals$601,8960.2%
Individual clients
2reported
HNW clients
8reported
Pension plan clients
0reported
Charitable clients
2reported
Accounts
23reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.92 fund_share=0.0 institutional_share=0.08 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
M••• R•••••• L••••Chartered Financial AnalystYardley, PaJul 25, 201228 y0
M•••••• C••••••••• L••••Chartered Financial AnalystYardley, PaFeb 23, 202213 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • L••••• M•••• R•••••• · Presidentcontrol
        since 01/2001 · owns 75% or more
      • M•••••• C•••••• W••••••• · Chief Compliance Officer
        since 09/2017 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Office movement
      IAPD branch city; joins and departures in 12 months
      OfficeAdvisorsJoinedLeftTeams outForming
      Yardley, Pa200
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Accounts · 22 to 23
        Feb 6, 2025 to Feb 19, 2026
      • Charity clients · 1 to 2
        Feb 6, 2025 to Feb 19, 2026
      • Assets in custody · unset to 0.0
        Feb 6, 2025 to Feb 19, 2026
      • Financial planning clients · to 0
        Feb 6, 2025 to Feb 19, 2026
      • Discretionary RAUM · $260M to $331M
        Feb 6, 2025 to Feb 19, 2026
      • HNW RAUM · $239M to $303M
        Feb 6, 2025 to Feb 19, 2026
      • Individual RAUM · $345,750 to $601,896
        Feb 6, 2025 to Feb 19, 2026
      • RAUM · $260M to $331M
        Feb 6, 2025 to Feb 19, 2026
      • Financial planning clients · unset to
        Jan 31, 2025 to Feb 6, 2025
      • Accounts · 19 to 22
        Jul 30, 2024 to Jan 31, 2025
      • HNW clients · 6 to 8
        Jul 30, 2024 to Jan 31, 2025
      • Individual clients · 0 to 2
        Jul 30, 2024 to Jan 31, 2025
      • HQ city · unset to
        Jul 30, 2024 to Jan 31, 2025
      • HQ state · unset to
        Jul 30, 2024 to Jan 31, 2025
      • Discretionary RAUM · $184M to $260M
        Jul 30, 2024 to Jan 31, 2025
      • HNW RAUM · $168M to $239M
        Jul 30, 2024 to Jan 31, 2025
      • Individual RAUM · $0 to $345,750
        Jul 30, 2024 to Jan 31, 2025
      • RAUM · $184M to $260M
        Jul 30, 2024 to Jan 31, 2025
      • Accounts · 24 to 19
        Jan 24, 2023 to Jan 29, 2024
      • Advisory activities · 2 to 1
        Jan 24, 2023 to Jan 29, 2024
      • Individual clients · 1 to 0
        Jan 24, 2023 to Jan 29, 2024
      • Discretionary RAUM · $126M to $184M
        Jan 24, 2023 to Jan 29, 2024
      • HNW RAUM · $113M to $168M
        Jan 24, 2023 to Jan 29, 2024
      • Individual RAUM · $883,863 to $0
        Jan 24, 2023 to Jan 29, 2024
      • RAUM · $126M to $184M
        Jan 24, 2023 to Jan 29, 2024
      • Accounts · 22 to 24
        Jul 27, 2022 to Jan 24, 2023
      • HNW clients · 8 to 6
        Jul 27, 2022 to Jan 24, 2023
      • Individual clients · 0 to 1
        Jul 27, 2022 to Jan 24, 2023
      • Discretionary RAUM · $155M to $126M
        Jul 27, 2022 to Jan 24, 2023
      • HNW RAUM · $139M to $113M
        Jul 27, 2022 to Jan 24, 2023
      • Individual RAUM · $0 to $883,863
        Jul 27, 2022 to Jan 24, 2023
      • RAUM · $155M to $126M
        Jul 27, 2022 to Jan 24, 2023
      • Advisory employees · 1 to 2
        Jan 20, 2022 to Feb 24, 2022
      • Employees · 2 to 3
        Jan 20, 2022 to Feb 24, 2022
      • State-registered IARs · 1 to 2
        Jan 20, 2022 to Feb 24, 2022
      • Accounts · 10 to 22
        Dec 14, 2021 to Jan 18, 2022
      • Individual clients · 1 to 0
        Dec 14, 2021 to Jan 18, 2022
      • Discretionary RAUM · $138M to $155M
        Dec 14, 2021 to Jan 18, 2022
      • HNW RAUM · $123M to $139M
        Dec 14, 2021 to Jan 18, 2022
      • Individual RAUM · $955,970 to $0
        Dec 14, 2021 to Jan 18, 2022
      Signals
      1 dated events
      • L•••• A•••• M••••••••• I••• filed its initial SEC registration (Form ADV)
        Sep 16, 2014 · 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
      215-801-1550reportedpublished by the firm, firm site, Sep 15, 2026
      Website
      l•••••••••.comreportedpublic record, Form ADV, Sep 21, 2026
      Principal office phone
      215-801-1550reportedpublic record, Form ADV, Feb 19, 2026
      Contact form
      l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 2026
      Team page
      l•••••••••.comreportedpublished by the firm, firm site, Sep 15, 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
      $165Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026