Lm Capital Group, Llc
- Regulatory AUM
- $6.1B
- Discretionary
- $6.1B
- Clients
- 36
- Avg AUM / client
- $169M
- Accounts
- 38
- Employees
- 20
AUM over time
Annual snapshots from Form ADV filings · as of Mar 24, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pension and profit sharing plans | Fewer than 5 clients | $99.1M | 1.63% |
| State or municipal government entities | 26 | $5.6B | 92.5% |
| Other investment advisers | Fewer than 5 clients | $20.6M | 0.34% |
| Corporations and other businesses | Fewer than 5 clients | — | — |
| Other | 10 | $335M | 5.5% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Chicago Symphony Orchestra Pension Plan Board Of Trustees Of Chicago Symphony Orchestra Pension Plan | Chicago, IL | 2024 |
| S.E.I.U. National Industry Pension Fund Board Of Trustees Of The S.E.I.U. National Industry Pension Fund | Washington, DC | 2024 |
| Seiu Affiliates Officers And Employees Pension Plan Bd Of Trustees Seiu Affiliates Officers And Employees Pension Plan | Washington, DC | 2024 |
| Pension Plan For Employees Of The Service Employee Int'l Union Service Employees Intl Union | 2024 |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Chalker, John, Edward | Shareholder | Sep 1988 (38y) | ≈ 18.75% – 50% via Lm Capital Management Inc | |
| Luis Maizel | Shareholder | Sep 1988 (38y) | ≈ 18.75% – 50% via Lm Capital Management Inc | |
| Gorodzinsky, Tobias | Chief Financial Officer | Oct 1996 (30y) | Less than 5% | |
| Modiano, Mario | Portfolio Manager | Oct 2004 (22y) | Less than 5% | |
| Frankel, Jeffrey, Marc | Chief Compliance Officer | Jan 2010 (17y) | Less than 5% | |
| Chalker, Michael | Portfolio Manager | May 2022 (4y) | 5% – 10% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lm Capital Management Inc | Holding Company | Apr 2002 | A | 75% or more |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Chalker, John, Edward: 25% – 50% of Lm Capital Management Inc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Luis Maizel: 25% – 50% of Lm Capital Management Inc × 75% – 100% direct ≈ 18.75% – 50% 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.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Chicago Symphony Orchestra Pension Plan | Board Of Trustees Of Chicago Symphony Orchestra Pension Plan | 78 | $63.4M | 07/01/2024 |
| S.E.I.U. National Industry Pension Fund | Board Of Trustees Of The S.E.I.U. National Industry Pension Fund | 98,200 | $1.7B | 01/01/2024 |
| Seiu Affiliates Officers And Employees Pension Plan | Bd Of Trustees Seiu Affiliates Officers And Employees Pension Plan | 9,065 | $1.6B | 01/01/2024 |
| Pension Plan For Employees Of The Service Employee Int'l Union | Service Employees Intl Union | 3,113 | $371M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/24/2026 | 1.01 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
Services
- • Portfolio management for businesses/institutional clients
- • Publication of periodicals or newsletters
Custody
Reported custodians
- Northern Trust $2.9B (48% of AUM) Mar 2026
- State Street $1.6B (26% of AUM) Mar 2026
- BNY Mellon $1.1B (17% of AUM) Mar 2026
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 24, 2026.
View current Form ADV (SEC/IAPD) ↗