AUMdb

Lm Advisors Llc

SEC-registered Wealth Manager · Mid-sized ($1B–$10B) CRD 153940 · SEC file 801-72170 · San Diego, CA · WWW.LMADVISORS.COM
☆ Save with Pro ADV data as of Mar 30, 2026
Regulatory AUM
$2.9B
Discretionary
$2.9B
Clients
585
Avg AUM / client
$4.9M
Accounts
1,466
Employees
22

AUM over time

$952M $2.9B
Dec 2011 Dec 2025

Annual snapshots from Form ADV filings · as of Mar 30, 2026

Who they serve

Client typeClientsAUM% 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

FundTypeDomicileGross assetsOwners
Lma Balanced Segregated Portfolio Other Private Fund Cayman Islands $70.1M 73

People (7)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
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)

EntityTitle / statusSinceSch.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)

FundTypeGross assetsMin. investmentOwners
Lma Balanced Segregated Portfolio Other Private Fund $70.1M $100K 73

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
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

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) ↗