DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

L••• C•••••• P•••••••

Independent wealth managerEvanston, IllinoisCRD 165810SEC 801-77824websiteIAPD
Legal name L••• C•••••• P•••••••• L••
Latest filing Mar 25, 2026
First filing on the tape Mar 21, 2013 · 24 filings
SEC status approved since Apr 4, 2013
RAUM
$235M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
71%
$167M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$118M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$235M as of Mar 25, 2026
Mar 28, 2014$133M then
HNW client RAUM$167M as of Mar 25, 2026
Mar 6, 2018$55.5M then
State-registered IARs (5.B.3)1 as of Mar 25, 2026
Mar 28, 20140 then
Employees (5.A)5 as of Mar 25, 2026
Mar 28, 20143 then
Private funds2 as of Mar 31, 2022
Mar 28, 20142 then
RAUM +41% over the last fiscal year+35% a year over threeIARs 1 to 1
Practice profile
derived from the filing of Mar 25, 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
RAUM per advisor
$118MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
39derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$3.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.5derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+41%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+32%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companiesreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$167M71%
  • Investment companies$68.5M29%
Individual clients
0reported
HNW clients
78reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
79reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUMreported
Class basis
private_client_share=0.71 fund_share=0.29 institutional_share=0.0 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
D•••• M•••••••• M••••••Northfield, IlMar 24, 201631 y0
J•• R••••• L•••Evanston, IlOct 17, 202221 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
      3 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      B••••••••• I••••••••• P••••••••• L•no longer reportedOther Private Fund$13.4M27Mar 21, 2013
      B••••••••• I••••••••• P••••••••• 3• L•no longer reportedOther Private Fund$9.1M29Sep 29, 2017
      B••••••••• I••••••••• P••••••••• 2• L•no longer reportedOther Private Fund$4.0M8Mar 28, 2014
      Owners and control persons
      Schedule A and B, latest filing
      • L•••• J••• R••••• · Member, Chief Compliance Officercontrol
        since 05/2008 · owns 50% to 75%
      • M••••••• D••••• M•••••••• · Membercontrol
        since 08/2008 · owns 50% to 75%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      ADV anomalies
      1 against comparable advisers; where to look, not conclusions
      • RAUM up 25 %Change between filings · filing Mar 25, 2026
        RAUM (Item 5.F) moved from $167,064,704 to $235,044,271 (+41.0%) between the annual amendments of 2025-03-26 and 2026-03-25; the peer median change was +15.0% (4549 comparable advisers, 93.0th percentile of changes)
        peers: independent wealth managers, $100M to $500M (4,549) · 93% percentile
      What changed
      consecutive filings, newest first
      • Accounts · 60 to 79
        Mar 26, 2025 to Mar 25, 2026
      • HNW clients · 59 to 78
        Mar 26, 2025 to Mar 25, 2026
      • Discretionary RAUM · $167M to $235M
        Mar 26, 2025 to Mar 25, 2026
      • HNW RAUM · $131M to $167M
        Mar 26, 2025 to Mar 25, 2026
      • RAUM · $167M to $235M
        Mar 26, 2025 to Mar 25, 2026
      • Accounts · 28 to 60
        May 24, 2024 to Mar 26, 2025
      • HNW clients · 27 to 59
        May 24, 2024 to Mar 26, 2025
      • Financial planning clients · unset to
        May 24, 2024 to Mar 26, 2025
      • Discretionary RAUM · $101M to $167M
        May 24, 2024 to Mar 26, 2025
      • HNW RAUM · $78.7M to $131M
        May 24, 2024 to Mar 26, 2025
      • RAUM · $101M to $167M
        May 24, 2024 to Mar 26, 2025
      • Accounts · 23 to 28
        Nov 30, 2023 to Mar 25, 2024
      • Advisory employees · 6 to 5
        Nov 30, 2023 to Mar 25, 2024
      • HNW clients · 22 to 27
        Nov 30, 2023 to Mar 25, 2024
      • Employees · 6 to 5
        Nov 30, 2023 to Mar 25, 2024
      • Discretionary RAUM · $95.6M to $101M
        Nov 30, 2023 to Mar 25, 2024
      • HNW RAUM · $80.0M to $78.7M
        Nov 30, 2023 to Mar 25, 2024
      • RAUM · $95.6M to $101M
        Nov 30, 2023 to Mar 25, 2024
      • Accounts · 22 to 23
        Mar 31, 2022 to Mar 27, 2023
      • HNW clients · 20 to 22
        Mar 31, 2022 to Mar 27, 2023
      • Pooled vehicle clients · 2 to 0
        Mar 31, 2022 to Mar 27, 2023
      • Assets in custody · 101875021.0 to unset
        Mar 31, 2022 to Mar 27, 2023
      • Custody of client assets · true to false
        Mar 31, 2022 to Mar 27, 2023
      • Private funds · 2 to unset
        Mar 31, 2022 to Mar 27, 2023
      • Discretionary RAUM · $102M to $95.6M
        Mar 31, 2022 to Mar 27, 2023
      • HNW RAUM · $82.6M to $80.0M
        Mar 31, 2022 to Mar 27, 2023
      • Pooled vehicle RAUM · 19294702.0 to unset
        Mar 31, 2022 to Mar 27, 2023
      • RAUM · $102M to $95.6M
        Mar 31, 2022 to Mar 27, 2023
      • Accounts · 26 to 22
        Jun 1, 2021 to Mar 31, 2022
      • HNW clients · 23 to 20
        Jun 1, 2021 to Mar 31, 2022
      • Assets in custody · $44.7M to $102M
        Jun 1, 2021 to Mar 31, 2022
      • Discretionary RAUM · $101M to $102M
        Jun 1, 2021 to Mar 31, 2022
      • HNW RAUM · $78.4M to $82.6M
        Jun 1, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $100M to $0
        Jun 1, 2021 to Mar 31, 2022
      • Pooled vehicle RAUM · $22.5M to $19.3M
        Jun 1, 2021 to Mar 31, 2022
      • RAUM · $201M to $102M
        Jun 1, 2021 to Mar 31, 2022
      • Accounts · 22 to 26
        Jun 30, 2020 to Mar 30, 2021
      • HNW clients · 19 to 23
        Jun 30, 2020 to Mar 30, 2021
      • State-registered IARs · 2 to 1
        Jun 30, 2020 to Mar 30, 2021
      • Discretionary RAUM · $87.1M to $101M
        Jun 30, 2020 to Mar 30, 2021
      Signals
      1 dated events
      • L••• C•••••• P••••••• filed its initial SEC registration (Form ADV)
        Mar 21, 2013 · 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
      833-615-3031reportedpublished by the firm, firm site, Sep 17, 2026
      Website
      lcpmx.comreportedpublic record, Form ADV, Sep 19, 2026
      Principal office phone
      312-878-3830reportedpublic record, Form ADV, Mar 25, 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
      $118Mderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026