# Lancaster

> Lancaster is an SEC-registered investment advisory firm, registered since 2025, reporting under $25 million in regulatory assets under management in its Form ADV filing dated July 27, 2026.

- CRD: 339389
- Filed as: LANCASTER
- Legal name: Lancaster Labs, LLC
- Registration: SEC-registered investment adviser (status as filed: 120-Day Approval)
- Filing period: October 2026
- Form ADV filing dated: July 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/339389
- AdvisorCensus page: https://advisorcensus.com/firm/lancaster-339389

## Quick answers

**How is Lancaster compensated?**
On its Form ADV (Item 5.E, October 2026), Lancaster reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Lancaster registered with the SEC or a state?**
Lancaster is an SEC-registered investment advisory firm, registered since 2025. Status as filed: 120-Day Approval. CRD 339389.

**How much does Lancaster manage?**
Lancaster reports $8,561,710 in regulatory assets under management in its Form ADV filing dated July 27, 2026 (100% discretionary).

**What types of clients does Lancaster serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (25).

**Does Lancaster 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/339389

**What changed in Lancaster's recent Form ADV filings?**
In the August 2026 filing data: Regulatory assets under management went from $0 to $8,561,710.

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $8,561,710
- Discretionary: $8,561,710
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | Not reported |
| High net worth individuals | 25 | $8,561,710 |
| Banking or thrift institutions | Fewer than 5 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | Not reported |
| Charitable organizations | Fewer than 5 | Not reported |
| State or municipal government entities (including government pension plans) | Fewer than 5 | Not reported |
| Other investment advisers | Fewer than 5 | Not reported |
| Insurance companies | Fewer than 5 | Not reported |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | Not reported |
| Corporations or other businesses not listed above | Fewer than 5 | Not reported |

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

### Firm details
- Registered since: 2025 (0 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lancaster.am
- LinkedIn @lancaster-am

## Changes in the filing (last 12 months)

### August 2026
- Regulatory assets under management went from $0 to $8,561,710.

### July 2026
- Registered or notice-filed in TX.

### January 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lancaster (CRD 339389): Form ADV filing data as of October 2026.