{
  "crd_number": 158831,
  "slug": "l-c-bhandari-and-co-158831",
  "primary_business_name": "L. C. BHANDARI & CO.",
  "legal_name": "L. C. BHANDARI & CO.",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2012-04-02",
  "years_registered": 14,
  "period": "2026-10-01",
  "filing_date": "2026-04-13",
  "carried_forward": false,
  "raum_total": 344278492.0,
  "raum_discretionary": 344278492.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "corporations_other_businesses": {
      "raum": 344278492.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158831",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/l-c-bhandari-and-co-158831",
  "display_name": "L. C. Bhandari & Co.",
  "summary": "L. C. Bhandari & Co. is an SEC-registered investment advisory firm, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 13, 2026.",
  "citation": "AdvisorCensus. L. C. Bhandari & Co. (CRD 158831): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is L. C. Bhandari & Co. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), L. C. Bhandari & Co. reports these compensation arrangements: fixed fees (other than subscription fees)."
    },
    {
      "q": "Is L. C. Bhandari & Co. registered with the SEC or a state?",
      "a": "L. C. Bhandari & Co. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158831."
    },
    {
      "q": "How much does L. C. Bhandari & Co. manage?",
      "a": "L. C. Bhandari & Co. reports $344,278,492 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (100% discretionary)."
    },
    {
      "q": "How have L. C. Bhandari & Co.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for L. C. Bhandari & Co.: Regulatory assets under management: $252,918,309 in the October 2021 data and $344,278,492 in the October 2026 data, up 36%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "Which custodians does L. C. Bhandari & Co. use?",
      "a": "L. C. Bhandari & Co.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists John Hancock Variable Life Insurance Company and Pruco Life Insurance Company as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does L. C. Bhandari & Co. report any disciplinary disclosures?",
      "a": "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/158831"
    },
    {
      "q": "Does L. C. Bhandari & Co. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 13, 2026 says: \"LCBC provides advisory services to institutions such as corporations, limited liability companies and partnerships, and does not have minimum account size requirements.\""
    },
    {
      "q": "What changed in L. C. Bhandari & Co.'s recent Form ADV filings?",
      "a": "In the May 2026 filing data: Regulatory assets under management went from $299,856,918 to $344,278,492 (+15%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 252918309.0,
      "total_employees": 1,
      "filing_date": "2021-05-20"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 259459649.0,
      "total_employees": 1,
      "filing_date": "2022-04-27"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 243726392.0,
      "total_employees": 1,
      "filing_date": "2023-05-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 285442492.0,
      "total_employees": 1,
      "filing_date": "2024-04-11"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 299856918.0,
      "total_employees": 1,
      "filing_date": "2025-04-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 344278492.0,
      "total_employees": 1,
      "filing_date": "2026-04-13"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Regulatory assets under management went from $299,856,918 to $344,278,492 (+15%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 13, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "LCBC provides advisory services to institutions such as corporations, limited liability companies and partnerships, and does not have minimum account size requirements."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "LCBC provides advisory services to institutions such as corporations, limited liability companies and partnerships, and does not have minimum account size requirements."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "John Hancock Variable Life Insurance Company",
      "name_as_filed": "JOHN HANCOCK VARIABLE LIFE INSURANCE COMPANY",
      "affiliated": false
    },
    {
      "name": "Pruco Life Insurance Company",
      "name_as_filed": "PRUCO LIFE INSURANCE COMPANY",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/l-c-bhandari-and-co-158831.md",
  "clients": [
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 344278492.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/158831",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}