Lm Capital Group, LLC (San Diego)

Name: Lm Capital Group, LLC
Address: 750 B Street, San Diego, CA, 92101
Telephone: 619-814-1401

Lm Capital Group, LLC is a large advisory firm based in San Diego. It manages $4.25 billion of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of California and Illinois.

Lm Capital Group provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lm Capital Group: assets under management

The assets under management (AUM) of Lm Capital Group, LLC is $4.25 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 775% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $4.25 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $157.4 million each.

Investments

The firm invests in investment grade corporate bonds the most. They account for 36% of the total AUM. The second-largest asset type is government bonds, which make up 26% of the firm’s portfolio. Investments in other assets form 24% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lm Capital Group, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lm Capital Group serves?

The only and largest group of clients of Lm Capital Group is state or municipal government entities with 23 clients and $4.07 billion of assets under management. Among the 11 most similar advisory firms, Lm Capital Group has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $4.07 billion for 23 clients. None of the firm’s clients are foreign persons or businesses.

Lm Capital Group doesn't advise any private funds.

Careers at Lm Capital Group, LLC

The company employs 20 people that are either part- or full-time employees. 40 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Tobias Gorodzinsky	Comptroller	1 Oct 1996	Other	1905586
Lm Capital Management Inc	Manager	1 Apr 2002	75% - 100%	110880
Llc Strategic Investment Group Ventures	Member	1 Apr 2002	25% - 50%	31-1745284
Mario Modiano	Portfolio manager	1 Oct 2004	Other	5090156
Stephanie Lynn Aitken	Chief compliance officer	1 Oct 2004	Other	2189678
Elizabeth Ammann Festa	Chief compliance officer	1 Aug 2007	Other	4164434
Linda Anne Krauss	Chief compliance officer	1 Jul 2008	Other	5001561
Jeffrey Marc Frankel	Chief compliance officer	1 Jan 2010	Other	2268046

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Luis Maizel	Shareholder	1 Sep 1988	25% - 50%	4415122
John Edward Chalker	Shareholder	1 Sep 1988	25% - 50%	719455
California Public Employees'retirement System	Member	1 Apr 2000	75% - 100%	94-6207465

Based in San Diego

The principal office where Lm Capital Group, LLC performs its advisory services is located at 750 B Street, San Diego, CA 92101, which is also the mailing address of the firm. An additional office of the firm is in Park City, UT. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 619-814-1401 or by fax 619-814-1404. The normal business hours are 8:00am to 4:00pm on Monday - Friday. You can find more information about the New York firm at lmcapital.com.