Investment adviser · CRD 153940

LM ADVISORS LLC

Investment adviser filing (IA)

SAN DIEGO, CA, United States · Form ADV filed Mar 30, 2026

Regulatory AUM: $2.88B
Client accounts: 1,466
Employees: 22
Advisory professionals: 8

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
High-net-worth individuals	295	$2,333,619,674	81.1%
Insurance companies	21	$336,361,252	11.7%
Individuals	245	$94,298,455	3.3%
Pooled investment vehicles	1	$76,651,414	2.7%
Retirement plans	20	$26,967,698	0.9%
Charities	Fewer than 5	$9,349,667	0.3%

Filing source

Form ADV 2064826 · Mar 30, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

1 Private fund

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

LMA BALANCED SEGREGATED PORTFOLIOOther Private Fund · Last reported Mar 30, 2026$76.7MGross asset value

Fund administrator JTC FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS GEORGE TOWN, Cayman Islands

Custodian PERSHING LLC JERSEY CITY, New Jersey, United States Related to adviser: No

Prime broker ACP SECURITIES, LLC MIAMI, Florida, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS
PCAOB 1266

PERSHING LLC
SEC 8-17574

ACP SECURITIES, LLC
CRD 139049 · SEC 8-67185

Fund details & source

Fund ID: 805-2719370862
Reported beneficial owners: 87
Minimum commitment: $100K

Form ADV 2064826 · Mar 30, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Mar 30, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management

Compensation

Percentage of assets · Fixed

Principal office

750 B STREET, SUITE 3020
SAN DIEGO, CA, 92101-8192, United States

CRD 153940

Filing source

Form ADV 2064826 · Mar 30, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.