# L. C. Bhandari & Co.

> 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.

- CRD: 158831
- Filed as: L. C. BHANDARI & CO.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: April 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/158831
- AdvisorCensus page: https://advisorcensus.com/firm/l-c-bhandari-and-co-158831

## Quick answers

**How is L. C. Bhandari & Co. compensated?**
On its Form ADV (Item 5.E, October 2026), L. C. Bhandari & Co. reports these compensation arrangements: fixed fees (other than subscription fees).

**Is L. C. Bhandari & Co. registered with the SEC or a state?**
L. C. Bhandari & Co. is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 158831.

**How much does L. C. Bhandari & Co. manage?**
L. C. Bhandari & Co. reports $344,278,492 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (100% discretionary).

**How have L. C. Bhandari & Co.'s assets and staff changed since 2021?**
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.

**Which custodians does L. C. Bhandari & Co. use?**
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.

**Does L. C. Bhandari & Co. 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/158831

**Does L. C. Bhandari & Co. state an account minimum?**
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."

**What changed in L. C. Bhandari & Co.'s recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $299,856,918 to $344,278,492 (+15%).

## From the Form ADV filing

### Compensation (Item 5.E)
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated April 13, 2026)

- Account minimum: None

> LCBC provides advisory services to institutions such as corporations, limited liability companies and partnerships, and does not have minimum account size requirements.

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

### Custodians (Schedule D, Section 5.K(3))
- John Hancock Variable Life Insurance Company
- Pruco Life Insurance Company

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: $344,278,492
- Discretionary: $344,278,492
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Corporations or other businesses not listed above | Fewer than 5 | $344,278,492 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $252,918,309 | 1 | May 20, 2021 |
| October 2022 | $259,459,649 | 1 | April 27, 2022 |
| October 2023 | $243,726,392 | 1 | May 15, 2023 |
| October 2024 | $285,442,492 | 1 | April 11, 2024 |
| October 2025 | $299,856,918 | 1 | April 22, 2025 |
| October 2026 | $344,278,492 | 1 | April 13, 2026 |

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.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $299,856,918 to $344,278,492 (+15%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. L. C. Bhandari & Co. (CRD 158831): Form ADV filing data as of October 2026.