Lm Advisors Llc
- Regulatory AUM
- $2.9B
- Discretionary
- $2.9B
- Clients
- 585
- Avg AUM / client
- $4.9M
- Accounts
- 1,466
- Employees
- 22
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 245 | $94.3M | 3.28% |
| High net worth individuals | 295 | $2.3B | 81.1% |
| Pooled investment vehicles (non-investment companies) | 1 | $76.7M | 2.66% |
| Pension and profit sharing plans | 20 | $27.0M | 0.94% |
| Charitable organizations | 3 | $9.3M | 0.32% |
| Insurance companies | 21 | $336M | 11.7% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $70.1M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lma Balanced Segregated Portfolio | Other Private Fund | Cayman Islands | $70.1M | 73 |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Luis Maizel | Managing Member | Oct 1989 (37y) | ≈ 5% – 18.75% via Maiz Trust | |
| Leonardo Simpser | Managing Member | Jan 2011 (16y) | 50% – 75% | |
| Yoel Bank | President And Trustee | May 2011 (15y) | ≈ 0% – 3.75% via Goodbank Irrevocable Trust | |
| Frymerman, Josef | General Manager | Aug 2016 (10y) | ≈ 0% – 5% via Jfkapital S.A. | |
| Bank, Uriel | Trustee | Apr 2017 (9y) | ≈ 0% – 2.5% via Laikabf Irrevocable Trust | |
| Jonathan Lesley Chatfield | Chief Compliance Officer | CFA | Mar 2023 (3y) | Less than 5% |
| Alberto Assad | Registered representative | Jun 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Youthbet Capital | Member | Apr 2016 | A | 10% – 25% |
| Maiz Trust | Member | Apr 2019 | A | 10% – 25% |
| Jfkapital Llc | Member | Nov 2016 | A | Less than 5% |
| Goodbank Investment Llc | Member | Mar 2019 | A | Less than 5% |
| Jfkapital S.A. | Managing Member | Oct 2016 | B | ≈ 0% – 5% via Jfkapital Llc |
| Maizel, Sally | Trustee | Oct 1989 | B | ≈ 5% – 18.75% via Maiz Trust |
| Goodbank Irrevocable Trust | Trustee | May 2011 | B | ≈ 0% – 3.75% via Goodbank Investment Llc |
| Laikabf Irrevocable Trust | Trustee | Apr 2017 | B | ≈ 0% – 2.5% via Goodbank Investment Llc |
Undisclosed: 0% – 30% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Luis Maizel: 50% – 75% of Maiz Trust × 10% – 25% direct ≈ 5% – 18.75% of the firm
- Yoel Bank: 75% – 100% of Goodbank Irrevocable Trust × 50% – 75% of Goodbank Investment Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Frymerman, Josef: 75% – 100% of Jfkapital S.A. × 75% – 100% of Jfkapital Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Bank, Uriel: 75% – 100% of Laikabf Irrevocable Trust × 25% – 50% of Goodbank Investment Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
- Jfkapital S.A.: 75% – 100% of Jfkapital Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Maizel, Sally: 50% – 75% of Maiz Trust × 10% – 25% direct ≈ 5% – 18.75% of the firm
- Goodbank Irrevocable Trust: 50% – 75% of Goodbank Investment Llc × 0% – 5% direct ≈ 0% – 3.75% of the firm
- Laikabf Irrevocable Trust: 25% – 50% of Goodbank Investment Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $70.1M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Lma Balanced Segregated Portfolio | Other Private Fund | $70.1M | $100K | 73 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.26 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Other fees
- • REFERRAL FEE
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Morgan Stanley $1.6B (56% of AUM) Mar 2026
- J.P. Morgan $231M (10% of AUM) Mar 2025
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗