San Antonio, TX Office

Luther King Capital Management Corporation advises a mix of institutional and individual clients, including individuals, trusts, foundations, pension plans, government entities, registered investment companies and private investment partnerships. The firm offers separately managed portfolios, sub‑advisory and model portfolio services, serves as investment adviser to the LKCM Funds (seven mutual funds), participates in wrap fee programs as a portfolio manager, and provides financial planning on an as‑requested basis.

Its investment teams (the brochure notes approximately 73 investment and other professionals) pursue fundamental, bottom‑up analysis across equity (large, mid, small and micro cap, including international), fixed income and balanced strategies and describe differentiated mandates (holdings ranges, market‑cap bands and sector emphasis) in the brochure. The firm also operates affiliated private partnerships and single‑investment vehicles, manages portfolios for other advisers and investment companies, and discloses the side‑by‑side management considerations that accompany running funds, partnerships and separately managed accounts.

Several items in the firm’s ADV and brochure are uncommon for firms in this category: the firm discloses an affiliation with a commodity trader and roles as a commodity pool operator/trading advisor, it sponsors wrap fee programs, and it notes use of endorsements and the publication of third‑party ratings in its advertising. The brochure also highlights that LKCM advises state and municipal government clients and provides portfolio management for other registered investment companies, while reporting roughly $31.5 billion in regulatory assets under management supported by a compact advisory staff.