LM Advisors LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$2,427,918,129
Clients
540
Advisors
5
of 22 employees
About
LM Advisors, LLC provides discretionary and non‑discretionary investment supervisory services and individual portfolio management to a mix of retail clients (including high‑net‑worth individuals) and institutional clients. The firm also works with insurance companies, pension and charitable plans, and pooled investment vehicles, and it reports a significant non‑U.S. client base while charging percentage‑of‑AUM advisory fees.
The firm uses both fundamental and technical analysis and implements a broad set of strategies — including long‑ and short‑term equity positions, short selling, margin, and option strategies (covered calls and spreads) — with portfolio construction guided by each client’s objectives, time horizon and risk tolerance. LM Advisors may allocate client assets to its affiliated LMA Balanced Segregated Portfolio and provides ongoing monitoring and quarterly reviews for managed accounts.
Distinctive aspects of the firm include managing approximately $2.86 billion in client assets while operating with a relatively compact advisory team and affiliations with LLJ Ventures and LM Capital Group, relationships the firm discloses and manages as potential conflicts. The firm does not emphasize standalone financial planning services, and it routinely uses client‑directed brokerage, soft‑dollar research arrangements, and occasional third‑party money managers or private fund structures in its offerings.
Client services
Expertise
Fee options
Flat fee for non-discretionary advisory services, amount determined at firm's discretion.
Fee-only: Fees generally range between 0.50% and 1.00% per annum, negotiated on a client-by-client basis.
Main office
750 B Street, Suite 3020
San Diego CA 92101-8192
Advisors at this office
5
Most active in
California · Delaware · Florida · Texas
Also doing business as
Lm Advisors LLC · Lma Wealth Management
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Alberto A
Series 65
San Diego, CA
LM Advisors LLC
Alberto Assad is a financial advisor at LM Advisors LLC in San Diego, CA, holding a Series 65 designation. He began his advisory career with LM Advisors in 2024 after completing a decade of academic studies. LM Advisors LLC provides investment supervisory services and individual portfolio management to a diverse client base, including individuals, pension and profit-sharing plans, charitable organizations, insurance companies, and pooled investment vehicles. The firm employs both fundamental and technical analysis, utilizing various strategies such as long- and short-term positions, margin, short selling, and options, and manages approximately $2.29 billion in client assets.
Leonardo S
Series 65
San Diego, CA
LM Advisors LLC
Leonardo Simpser is a Series 65-licensed advisor at LM Advisors LLC with one year of industry experience. He has been with LM Advisors since 2010. Outside of his advisory role, he is the managing partner of LLJ Ventures, LLC. LM Advisors, LLC provides investment supervisory services and portfolio management to a diverse client base, including individuals, pension and profit-sharing plans, charitable organizations, insurance companies, and pooled investment vehicles. The firm uses both fundamental and technical analysis and employs a range of strategies, including long- and short-term positions, margin, short selling, and options.
Jonathan C
CFA®, Series 63, Series 65
San Diego, CA
LM Advisors LLC
Jonathan Chatfield is a CFA® charterholder with 18 years of industry experience. He is currently an advisor at LM Advisors LLC and has previously worked at Probabilities Fund Management, LLC, Anchor Bay Capital, Inc., and as a self-employed consultant. He also provides consulting services to former employers on a limited basis. LM Advisors, LLC offers investment supervisory services and individual portfolio management to a diverse client base, including individuals, pension plans, charitable organizations, and insurance companies. The firm employs both fundamental and technical analysis and manages discretionary and non-discretionary accounts with a reported $2.29 billion in client assets as of the end of 2024.
Luis M
Series 65
San Diego, CA
LM Advisors LLC
Luis Maizel is a financial advisor at LM Advisors LLC with 15 years of industry experience. He holds a Series 65 designation and has been involved with LM Advisors, LLC since 1984 and LM Capital Group, LLC since 1989. Outside of his advisory work, he is a partner in C CUBED LLC and a member of LLJ LLC. LM Advisors, LLC provides investment supervisory services and individual portfolio management to a diverse client base, including individuals, pension plans, charitable organizations, and insurance companies. The firm employs both fundamental and technical analysis, offering a range of strategies and managing approximately $2.29 billion in client assets as of the end of 2024.
Yoel B
Series 65
San Diego, CA
LM Advisors LLC
Yoel Bank is a financial advisor at LM Advisors LLC in San Diego, CA, holding a Series 65 designation with one year of industry experience. He has been with LM Advisors since 2015. LM Advisors provides investment supervisory services and individual portfolio management to a diverse client base, including individuals, pension plans, charitable organizations, insurance companies, and pooled investment vehicles. The firm employs both fundamental and technical analysis and manages approximately $2.29 billion in client assets as of the end of 2024.
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