{
  "crd_number": 107908,
  "slug": "l-k-benson-and-company-p-c-timonium-md-107908",
  "primary_business_name": "L. K. BENSON & COMPANY, P.C.",
  "legal_name": "L. K. BENSON & COMPANY, P.C.",
  "dbas": [],
  "city": "Timonium",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "12580",
  "metro": {
    "cbsa_code": "12580",
    "common_name": "Baltimore",
    "msa_name": "Baltimore-Columbia-Towson, MD",
    "path": "/advisors/md/baltimore"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1994-12-23",
  "years_registered": 31,
  "period": "2026-10-01",
  "filing_date": "2026-07-30",
  "carried_forward": false,
  "raum_total": 446232124.0,
  "raum_discretionary": 400194856.0,
  "raum_non_discretionary": 46037268.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 9,
  "advisory_employees": 2,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 15943719.0,
      "count": 28
    },
    "high_net_worth_individuals": {
      "raum": 430288405.0,
      "count": 75
    }
  },
  "compensation_types": [
    "fixed",
    "hourly"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "MD"
  ],
  "websites": [
    "https://facebook.com/LKBensonCo",
    "https://linkedin.com/organization-guest/company/lk-benson-&-company",
    "https://lkbenson.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107908",
  "city_as_filed": "TIMONIUM",
  "url": "https://advisorcensus.com/firm/l-k-benson-and-company-p-c-timonium-md-107908",
  "display_name": "L. K. Benson & Company, P.C.",
  "summary": "L. K. Benson & Company, P.C. is an SEC-registered investment advisory firm in Timonium, MD, registered since 1994, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 30, 2026.",
  "citation": "AdvisorCensus. L. K. Benson & Company, P.C. (CRD 107908): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is L. K. Benson & Company, P.C. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), L. K. Benson & Company, P.C. reports these compensation arrangements: hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does L. K. Benson & Company, P.C. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 states: Subscription: $10,000 to $32,000 a year (Investment Advisory Services); Hourly rate: $195 to $585 an hour (project-based Financial Planning and Tax Planning and…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is L. K. Benson & Company, P.C. located?",
      "a": "L. K. Benson & Company, P.C.'s principal office is in Timonium, MD, according to its Form ADV."
    },
    {
      "q": "Is L. K. Benson & Company, P.C. registered with the SEC or a state?",
      "a": "L. K. Benson & Company, P.C. is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 107908."
    },
    {
      "q": "How much does L. K. Benson & Company, P.C. manage?",
      "a": "L. K. Benson & Company, P.C. reports $446,232,124 in regulatory assets under management in its Form ADV filing dated July 30, 2026 (90% discretionary)."
    },
    {
      "q": "How have L. K. Benson & Company, P.C.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for L. K. Benson & Company, P.C.: Regulatory assets under management: $190,457,934 in the October 2021 data and $446,232,124 in the October 2026 data, up 134%. Total employees: 9 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does L. K. Benson & Company, P.C. serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (75); individuals (other than high net worth individuals) (28)."
    },
    {
      "q": "Which custodians does L. K. Benson & Company, P.C. use?",
      "a": "L. K. Benson & Company, P.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does L. K. Benson & Company, P.C. 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/107908"
    },
    {
      "q": "Does L. K. Benson & Company, P.C. state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 19, 2026 says: \"We have no minimum account size.\""
    },
    {
      "q": "What changed in L. K. Benson & Company, P.C.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $369,140,420 to $446,232,124 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 190457934.0,
      "total_employees": 9,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 236702832.0,
      "total_employees": 9,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 258297116.0,
      "total_employees": 9,
      "filing_date": "2023-09-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 277135608.0,
      "total_employees": 9,
      "filing_date": "2024-03-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 369140420.0,
      "total_employees": 9,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 446232124.0,
      "total_employees": 9,
      "filing_date": "2026-07-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $369,140,420 to $446,232,124 (+21%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 19, 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": [
      "Subscription: $10,000 to $32,000 a year (Investment Advisory Services)",
      "Hourly rate: $195 to $585 an hour (project-based Financial Planning and Tax Planning and…)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We have no minimum account size."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $10,000 to $32,000 a year (Investment Advisory Services)"
        ],
        "quotes": [
          "Annual fees typically range between $10,000 - $32,000."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $195 to $585 an hour (project-based Financial Planning and Tax Planning and…)"
        ],
        "quotes": [
          "Fees for project-based Financial Planning and Tax Planning and Preparation Services are billed at an hourly rate with a range from $195 to $585 per hour"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": null,
          "min": 10000.0,
          "max": 32000.0,
          "period": "annual",
          "service": "Investment Advisory Services"
        },
        {
          "kind": "hourly",
          "amount": null,
          "min": 195.0,
          "max": 585.0,
          "period": "hour",
          "service": "project-based Financial Planning and Tax Planning and Preparation Services"
        }
      ]
    },
    "quotes": [
      "We have no minimum account size.",
      "Annual fees typically range between $10,000 - $32,000.",
      "Fees for project-based Financial Planning and Tax Planning and Preparation Services are billed at an hourly rate with a range from $195 to $585 per hour"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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-k-benson-and-company-p-c-timonium-md-107908.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 28,
      "fewer_than_5": false,
      "raum": 15943719.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 75,
      "fewer_than_5": false,
      "raum": 430288405.0
    }
  ],
  "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/107908",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}