# L & S Advisors, Inc

> L & S Advisors, Inc is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2006, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 23, 2026.

- CRD: 140923
- Filed as: L & S ADVISORS, INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: September 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/140923
- AdvisorCensus page: https://advisorcensus.com/firm/l-and-s-advisors-inc-los-angeles-ca-140923

## Quick answers

**How is L & S Advisors, Inc compensated?**
On its Form ADV (Item 5.E, October 2026), L & S Advisors, Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**How much does L & S Advisors, Inc charge?**
Its Form ADV Part 2A brochure dated June 8, 2026 states: Hourly rate: $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is L & S Advisors, Inc located?**
L & S Advisors, Inc's principal office is in Los Angeles, CA, according to its Form ADV.

**Is L & S Advisors, Inc registered with the SEC or a state?**
L & S Advisors, Inc is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 140923.

**How much does L & S Advisors, Inc manage?**
L & S Advisors, Inc reports $1,163,055,017 in regulatory assets under management in its Form ADV filing dated September 23, 2026 (100% discretionary).

**How have L & S Advisors, Inc's assets and staff changed since 2021?**
In the Form ADV data for L & S Advisors, Inc: Regulatory assets under management: $998,169,642 in the October 2021 data and $1,163,055,017 in the October 2026 data, up 17%. Total employees: 17 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does L & S Advisors, Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (868); high net worth individuals (186); corporations or other businesses not listed above (26).

**Which custodians does L & S Advisors, Inc use?**
L & S Advisors, Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., National Financial Services LLC and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does L & S Advisors, Inc report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/140923

**What changed in L & S Advisors, Inc's recent Form ADV filings?**
In the July 2026 filing data: Employees performing advisory functions went from 15 to 9. Regulatory assets under management went from $1,052,549,765 to $1,163,055,017 (+10%). Registered or notice-filed in GA, OH, UT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Fees and minimums (Form ADV Part 2A brochure dated June 8, 2026)

- Hourly rate: $500 an hour (financial planning services)

> We charge $500 per hour for financial planning services with a $2,500 minimum fee for all plans;

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC
- Wells Fargo Clearing Services, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $1,163,055,017
- Discretionary: $1,163,055,017
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 868 | $251,994,930 |
| High net worth individuals | 186 | $683,498,570 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $3,706,853 |
| Charitable organizations | 13 | $100,257,467 |
| Corporations or other businesses not listed above | 26 | $123,597,197 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2006 (20 years)
- Employees: 15 total, 9 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, CO, CT, FL, GA, IL, LA, MI, NC, NJ, NM, NV, NY, OH, OR, SC, TX, UT, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lsadvisor.com
- lsadvisors.com
- Facebook @LSADVISORSINC
- LinkedIn @l&s-advisors-inc.
- X @lsadvisors

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $998,169,642 | 17 | June 23, 2021 |
| October 2022 | $938,702,857 | 15 | June 3, 2022 |
| October 2023 | $830,523,484 | 17 | June 28, 2023 |
| October 2024 | $1,006,898,005 | 15 | May 9, 2024 |
| October 2025 | $1,052,549,765 | 15 | June 23, 2025 |
| October 2026 | $1,163,055,017 | 15 | September 23, 2026 |

Regulatory assets under management: $998,169,642 in the October 2021 data and $1,163,055,017 in the October 2026 data, up 17%.
Total employees: 17 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Employees performing advisory functions went from 15 to 9.
- Regulatory assets under management went from $1,052,549,765 to $1,163,055,017 (+10%).
- Registered or notice-filed in GA, OH, UT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. L & S Advisors, Inc (CRD 140923): Form ADV filing data as of October 2026.