# Lasalle Investment Management Securities

> Lasalle Investment Management Securities is an SEC-registered investment advisory firm in Baltimore, MD, registered since 1994, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 111179
- Filed as: LASALLE INVESTMENT MANAGEMENT SECURITIES
- Legal name: Lasalle Investment Management Securities, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Baltimore, MD
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111179
- AdvisorCensus page: https://advisorcensus.com/firm/lasalle-investment-management-securities-baltimore-md-111179

## Quick answers

**How is Lasalle Investment Management Securities compensated?**
On its Form ADV (Item 5.E, October 2026), Lasalle Investment Management Securities reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Lasalle Investment Management Securities located?**
Lasalle Investment Management Securities' principal office is in Baltimore, MD, according to its Form ADV.

**Is Lasalle Investment Management Securities registered with the SEC or a state?**
Lasalle Investment Management Securities is an SEC-registered investment advisory firm, registered since 1994. Status as filed: Approved. CRD 111179.

**How much does Lasalle Investment Management Securities manage?**
Lasalle Investment Management Securities reports $3,326,830,393 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (99% discretionary).

**How have Lasalle Investment Management Securities' assets and staff changed since 2021?**
In the Form ADV data for Lasalle Investment Management Securities: Regulatory assets under management: $4,548,978,313 in the October 2021 data and $3,326,830,393 in the October 2026 data, down 27%. Total employees: 33 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lasalle Investment Management Securities serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7); corporations or other businesses not listed above (5).

**Which custodians does Lasalle Investment Management Securities use?**
Lasalle Investment Management Securities' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists J.P. Morgan Securities LLC, JP Morgan SE, Luxembourg Branch, State Street Global Markets, LLC and Sumitome Mitsui Trust Bank (U.S.A.) Limited as custodians holding 10% or more of its separately managed account assets.

**Does Lasalle Investment Management Securities report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111179

**What changed in Lasalle Investment Management Securities' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 27 to 25. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- J.P. Morgan Securities LLC
- JP Morgan SE, Luxembourg Branch
- State Street Global Markets, LLC
- Sumitome Mitsui Trust Bank (U.S.A.) Limited

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: $3,326,830,393
- Discretionary: $3,307,355,960
- Non-discretionary: $19,474,433

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | Fewer than 5 | $25,900,419 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $2,229,733,129 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $146,632,282 |
| Charitable organizations | Fewer than 5 | $196,386,239 |
| State or municipal government entities (including government pension plans) | Fewer than 5 | $213,052,860 |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $56,368,501 |
| Corporations or other businesses not listed above | 5 | $363,262,540 |
| Other | Fewer than 5 | $95,494,423 |

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

### Firm details
- Registered since: 1994 (31 years)
- Employees: 27 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, MD, TX
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111179

### Websites listed on Form ADV (Item 1.I)
- glassdoor.com/Overview/Working-at-LaSalle-Investment-Management-EI_IE260546.11,40.htm
- lasalle.com
- vimeo.com/lasalleim
- Instagram @lasalleim
- LinkedIn @LASALLE-INVESTMENT-MANAGEMENT
- X @lasalleIM
- YouTube @LASALLEINVESTMENTMGM

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $4,548,978,313 | 33 | March 31, 2021 |
| October 2022 | $4,429,986,176 | 30 | May 9, 2022 |
| October 2023 | $3,053,871,081 | 30 | March 31, 2023 |
| October 2024 | $3,217,398,825 | 30 | March 29, 2024 |
| October 2025 | $3,099,485,703 | 29 | June 25, 2025 |
| October 2026 | $3,326,830,393 | 27 | March 31, 2026 |

Regulatory assets under management: $4,548,978,313 in the October 2021 data and $3,326,830,393 in the October 2026 data, down 27%.
Total employees: 33 in October 2021 and 27 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 27 to 25.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lasalle Investment Management Securities (CRD 111179): Form ADV filing data as of October 2026.