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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Former SEC-registered adviser

L•••••• A•••• M•••••••••

Former SEC-registered adviserSan Diego, CaliforniaCRD 285252SEC 801-118422websiteIAPD
Legal name L•••••• A•••• M••••••••• L••
Latest filing Jan 23, 2025
First filing on the tape Mar 12, 2020 · 28 filings
SEC status approved since Apr 10, 2020
RAUM
$311M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
98%
$307M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
42
40 advisory (5.B.1)
Offices
35
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$311M as of Jan 23, 2025
Mar 29, 2021$386M then
HNW client RAUM$139M as of Jan 23, 2025
Mar 29, 2021$203M then
State-registered IARs (5.B.3)37 as of Jan 23, 2025
Mar 29, 202143 then
Employees (5.A)42 as of Jan 23, 2025
Mar 29, 202149 then
Private funds: no history
RAUM +0.0% over the last fiscal year-9.8% a year over threeIARs 37 to 37
Practice profile
derived from the filing of Jan 23, 2025; every figure names its basis
RAUM per advisor
$8.4MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$281,747derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
1.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.1derivedItem 5.A over advisors
Advisors per office
1.0derived36 offices incl. principal (1.F.5)
RAUM growth, one year
+0.0%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 assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
Custody
$121M, 723 clientsreportedItem 9.A
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)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$168M54%
  • High-net-worth individuals$139M45%
  • Charitable organizations$4.7M1.5%
Individual clients
1,049reported
HNW clients
55reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
1,105reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$121M for 723 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • L••••••• M•••••••• M••• · Cfo/Treasurer And Board Membercontrol
    since 09/2022 · owns less than 5%
  • N•••••••• B••••••• · Presidentcontrol
    since 08/2023 · owns less than 5%
  • R•••••• S••••• N• · Chief Compliance Officercontrol
    since 11/2021 · owns less than 5%
  • R••••••• R•••••• A••••• · Chief Inv•••Ment Officercontrol
    since 08/2016 · owns less than 5%
  • U••• H••••••• N••••• · Ceo And Board Membercontrol
    since 08/2016 · owns less than 5%
  • D••••••••• B••••• G••••• · Board Member
    since 08/2023 · owns less than 5%
  • M•••••• E•••• B••••••• · Board Member
    since 08/2023 · owns less than 5%
  • W••••••••• S•••• D•••• · Board Member
    since 08/2023 · owns less than 5%
Entity owners
  • L•••••• F•••••••• S•••••••• I••• · Owner
    direct · owns 75% or more
  • L•• E••••• P••••••• I•• G• L•• · General Partner
    indirect · owns F of L•• S••••••••• H•••••••• L•••
  • L•• P••••• G•• L•• · Generalpartner
    indirect · owns F of L•• P••••• H••••••• L•
  • L•• P••••• H••••••• L• · Stockholder
    indirect · owns 75% or more of P••••• T•••• I••
  • L•• S••••••••• H•••••••• L••• · Member
    indirect · owns 75% or more of L•• P••••• H••••••• L•
  • P••••• M•••• I•• · Stockholder
    indirect · owns 75% or more of S••••••••• F•••••••• M•••••••• G•••• H•••••••• I•••
  • P••••• T•••• I•• · Stockholder
    indirect · owns 75% or more of P••••• M•••• I••
  • S••••••••• F•••••••• M•••••••• G•••• H•••••••• I••• · Stockholder
    indirect · owns F of S••••••••• F•••••••• M•••••••• H••••••• I•••
  • S••••••••• F•••••••• M•••••••• H••••••• I••• · Stockholder
    indirect · owns F of L•••••• F•••••••• S•••••••• I•••
Related persons
Schedule D 7.A
Advisers that list L•••••• A•••• M••••••••• as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Phoenix, Az000
San Diego, Ca · principal000
San Luis Obispo, Ca000
Pasadena, Ca000
Offices
Schedule D 1.F, the 25 largest
  • K•••Wood, TX2 employees
  • Cottonwood Heights, UT2 employees
  • Glendale, AZ1 employees
  • Glendale, CA1 employees
  • Hudson, MA1 employees
  • Hunt•••Ton Beach, CA1 employees
  • La Verne, CA1 employees
  • Longwood, FL1 employees
  • Monroe Twp, NJ1 employees
  • Pasadena, CA1 employees
  • Phoenix, AZ1 employees
  • Pleasanton, CA1 employees
  • San Diego, CA1 employees
  • San Luis Obispo, CA1 employees
  • South Jordan, UT1 employees
  • The Woodlands, TX1 employees
  • Ventura, CA1 employees
  • Westerville, OH1 employees
  • Wichita, KS1 employees
  • York, PA1 employees
  • Beverly Hills, CA1 employees
  • , 1 employees
  • Carlsbad, CA1 employees
What changed
consecutive filings, newest first
  • Accounts · 2,364 to 1,105
    Jan 10, 2024 to Mar 12, 2024
  • Advisory employees · 34 to 40
    Jan 10, 2024 to Mar 12, 2024
  • HNW clients · 38 to 55
    Jan 10, 2024 to Mar 12, 2024
  • Individual clients · 1,176 to 1,049
    Jan 10, 2024 to Mar 12, 2024
  • Assets in custody · $94.2M to $121M
    Jan 10, 2024 to Mar 12, 2024
  • Employees · 53 to 42
    Jan 10, 2024 to Mar 12, 2024
  • State-registered IARs · 36 to 37
    Jan 10, 2024 to Mar 12, 2024
  • Discretionary RAUM · $256M to $311M
    Jan 10, 2024 to Mar 12, 2024
  • HNW RAUM · $88.1M to $139M
    Jan 10, 2024 to Mar 12, 2024
  • Individual RAUM · $164M to $168M
    Jan 10, 2024 to Mar 12, 2024
  • RAUM · $256M to $311M
    Jan 10, 2024 to Mar 12, 2024
  • Advisory employees · 35 to 34
    Mar 27, 2023 to Jul 13, 2023
  • BD registered reps · 0 to 1
    Mar 27, 2023 to Jul 13, 2023
  • Employees · 55 to 53
    Mar 27, 2023 to Jul 13, 2023
  • Insurance-licensed employees · 0 to 1
    Mar 27, 2023 to Jul 13, 2023
  • Accounts · 2,562 to 2,364
    Dec 15, 2022 to Mar 27, 2023
  • Advisory employees · 41 to 35
    Dec 15, 2022 to Mar 27, 2023
  • Charity clients · unset to 1.0
    Dec 15, 2022 to Mar 27, 2023
  • HNW clients · 76 to 38
    Dec 15, 2022 to Mar 27, 2023
  • Individual clients · 1,238 to 1,176
    Dec 15, 2022 to Mar 27, 2023
  • Assets in custody · $57.1M to $94.2M
    Dec 15, 2022 to Mar 27, 2023
  • Employees · 76 to 55
    Dec 15, 2022 to Mar 27, 2023
  • State-registered IARs · 41 to 36
    Dec 15, 2022 to Mar 27, 2023
  • Discretionary RAUM · $424M to $256M
    Dec 15, 2022 to Mar 27, 2023
  • HNW RAUM · $180M to $88.1M
    Dec 15, 2022 to Mar 27, 2023
  • Individual RAUM · $238M to $164M
    Dec 15, 2022 to Mar 27, 2023
  • RAUM · $424M to $256M
    Dec 15, 2022 to Mar 27, 2023
  • Related adviser · false to true
    Aug 25, 2022 to Sep 29, 2022
  • Related broker-dealer · false to true
    Aug 25, 2022 to Sep 29, 2022
  • Accounts · 1,846 to 2,562
    Mar 10, 2022 to Mar 31, 2022
  • Advisory employees · 43 to 41
    Mar 10, 2022 to Mar 31, 2022
  • HNW clients · 100 to 76
    Mar 10, 2022 to Mar 31, 2022
  • Individual clients · 1,015 to 1,238
    Mar 10, 2022 to Mar 31, 2022
  • Assets in custody · unset to 57107368.0
    Mar 10, 2022 to Mar 31, 2022
  • Custody of client assets · false to true
    Mar 10, 2022 to Mar 31, 2022
  • Employees · 49 to 76
    Mar 10, 2022 to Mar 31, 2022
  • Insurance-licensed employees · 2 to 0
    Mar 10, 2022 to Mar 31, 2022
  • State-registered IARs · 43 to 41
    Mar 10, 2022 to Mar 31, 2022
  • Other offices · 26 to 35
    Mar 10, 2022 to Mar 31, 2022
  • Discretionary RAUM · $386M to $424M
    Mar 10, 2022 to Mar 31, 2022
Signals
26 dated events
  • L•••••• A•••• M••••••••• no longer on the SEC adviser roster (last listed 2025-02-03, RAUM $311.3M)
    Mar 6, 2025 · Left the SEC roster · derived
  • M••••••• M••••• left L•••••• A•••• M••••••••• for I•••••••• A••••••• S•••••••• (registered 2025-03-13)
    Jan 31, 2025 · Advisor changed firm · fact
  • M•••••• Z••••• left L•••••• A•••• M••••••••• for L••••• F•••••••• G••••• L•• (registered 2024-09-09)
    Aug 28, 2024 · Advisor changed firm · fact
  • G••• S•••• M••••• left L•••••• A•••• M••••••••• for Onedigital (registered 2025-01-01)
    Jun 10, 2024 · Advisor changed firm · fact
  • M•••••• W•••••• B•••• left L•••••• A•••• M••••••••• for Rcplanners (registered 2024-02-26)
    Apr 5, 2024 · Advisor changed firm · fact
  • S•••••• J••• T••• left L•••••• A•••• M••••••••• for G••••••• A•••••••• L•• (registered 2025-01-01)
    Apr 2, 2024 · Advisor changed firm · fact
  • B••••••• N••••••• (President) appeared on Schedule A of L•••••• A•••• M•••••••••
    Aug 31, 2023 · Control person joined · fact
  • T•••• B••• left L•••••• A•••• M••••••••• for B••••••••• W••••• A•••••••• L•• (registered 2023-10-26)
    Aug 18, 2023 · Advisor changed firm · fact
  • J••••••• A•• L• left L•••••• A•••• M••••••••• for P•••••••• M•••••• L•• (registered 2026-01-01)
    Aug 2, 2023 · Advisor changed firm · fact
  • D••••• S••••• left L•••••• A•••• M••••••••• for V••• F•••••••• L•• (registered 2024-01-27)
    Aug 2, 2023 · Advisor changed firm · fact
  • D•••••• C•••••• B•••• left L•••••• A•••• M••••••••• for U•• F•••••••• S••••••••• L•• (registered 2023-06-15)
    Jun 16, 2023 · Advisor changed firm · fact
  • L•••••• A•••• M••••••••• reported RAUM $256.4M, down 40% from $424.2M (2022-12-15 to 2023-03-27)
    Mar 27, 2023 · RAUM change · derived
  • T•••••• J••••• H••• left L•••••• A•••• M••••••••• for P••••••••• C•••••• A••••••• (registered 2023-03-20)
    Mar 17, 2023 · Advisor changed firm · fact
  • B••••••• N••••••• (President) no longer on Schedule A of L•••••• A•••• M••••••••• (listed 2022-08-25, absent 2022-09-29)
    Sep 29, 2022 · Control person left · inference
  • Marc M••••••• Leidner (Cfo/Treasurer) appeared on Schedule A of L•••••• A•••• M•••••••••
    Sep 29, 2022 · Control person joined · fact
  • J• B•••• H••••• left L•••••• A•••• M••••••••• for A• W••••• M••••••••• L•• (registered 2022-05-24)
    May 31, 2022 · Advisor changed firm · fact
  • A•••••• J•••• M••••••• left L•••••• A•••• M••••••••• for A• W••••• M••••••••• L•• (registered 2022-05-24)
    May 31, 2022 · Advisor changed firm · fact
  • L•••••• A•••• M••••••••• reported 35 offices beyond its principal office, up from 26 (2022-03-10 to 2022-03-31)
    Mar 31, 2022 · Office count change · derived
  • K•••• S••••• W••• left L•••••• A•••• M••••••••• for W••• A•••• M••••••••• L••••• (registered 2026-01-01)
    Mar 31, 2022 · Advisor changed firm · fact
  • Franklin William Zimmerman (Chairman) no longer on Schedule A of L•••••• A•••• M••••••••• (listed 2022-03-10, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • B••••••• N••••••• (President) appeared on Schedule A of L•••••• A•••• M•••••••••
    Mar 31, 2022 · Control person joined · fact
  • J•••• S•• K••• left L•••••• A•••• M••••••••• for F••••••••• I••••••••• A••••••• L•• (registered 2022-03-14)
    Mar 11, 2022 · Advisor changed firm · fact
  • T•••• S••••• W•••• left L•••••• A•••• M••••••••• for C•• F•••••••• G•••• L•• (registered 2025-01-01)
    Jan 21, 2022 · Advisor changed firm · fact
  • L•••••• A•••• M••••••••• reported RAUM $386.4M, up 194% from $131.3M (2020-11-24 to 2021-03-29)
    Mar 29, 2021 · RAUM change · derived
  • L•••••• A•••• M••••••••• reported 46 state-registered advisory representatives, up from 2 (2020-03-12 to 2020-03-13)
    Mar 13, 2020 · Advisor headcount change · derived
  • L•••••• A•••• M••••••••• filed its initial SEC registration (Form ADV)
    Mar 12, 2020 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026