Ls Investment Advisors, Llc
- Regulatory AUM
- $932M
- Discretionary
- $932M
- Clients
- 193
- Avg AUM / client
- $4.8M
- Accounts
- 432
- Employees
- 10
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jun 03, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 41 | $24.5M | 2.63% |
| High net worth individuals | 131 | $735M | 78.8% |
| Pension and profit sharing plans | 2 | $17.7M | 1.89% |
| Charitable organizations | 8 | $78.7M | 8.44% |
| Insurance companies | 3 | $33.1M | 3.56% |
| Corporations and other businesses | 8 | $43.6M | 4.68% |
People (6)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Mark Andrew Shank | Executive Committee Member, Chief Investment Officer, Owner | CFA | Feb 2008 (19y) | 25% – 50% |
| Daniel Joseph Kostaroff | Executive Committee Member, President, Owner | CFP CFA | Jul 2010 (16y) | 10% – 25% |
| Hollister, Kristine, Michele | Executive Committee Member, Chief Business Officer, Owner | Sep 2021 (5y) | 10% – 25% | |
| Kayser, Joann, Lynn | Executive Committee Member, Chief Compliance Officer, Coo, Owner | Jun 2022 (4y) | 10% – 25% | |
| Brian Andrew Shank | Registered representative | Oct 2021 (5y) | ||
| Martha Ann Wurzburger | Registered representative | May 2022 (4y) |
Undisclosed: 0% – 45% of the firm is not attributable from the filed Schedule A bands.
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/03/2026 | 1.04 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
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- U.S. Bank $1.9B (30% of AUM) Mar 2021
- Comerica Bank Trust National Association $930M (14% of AUM) Mar 2021
- Charles Schwab & Co. $584M (63% of AUM) Jun 2026
- Northern Trust $544M (9% of AUM) Nov 2020
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: Jun 03, 2026.
View current Form ADV (SEC/IAPD) ↗