{
  "crd_number": 318023,
  "slug": "lees-monsour-group-shreveport-la-318023",
  "primary_business_name": "LEES MONSOUR GROUP",
  "legal_name": "LMG WEALTH PARTNERS, LLC",
  "dbas": [],
  "city": "Shreveport",
  "state": "LA",
  "country": "United States",
  "cbsa_code": "43340",
  "metro": {
    "cbsa_code": "43340",
    "common_name": "Shreveport",
    "msa_name": "Shreveport-Bossier City, LA",
    "path": "/advisors/la/shreveport"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-03-09",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-08-05",
  "carried_forward": false,
  "raum_total": 681163458.0,
  "raum_discretionary": 669021810.0,
  "raum_non_discretionary": 12141648.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 25238119.0,
      "count": 9
    },
    "individuals": {
      "raum": 62290464.0,
      "count": 223
    },
    "pension_profit_sharing": {
      "raum": 3213417.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 546031683.0,
      "count": 107
    },
    "corporations_other_businesses": {
      "raum": 44389775.0,
      "count": 22
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AR",
    "LA",
    "TX"
  ],
  "websites": [
    "https://leesmonsourgroup.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/318023",
  "city_as_filed": "SHREVEPORT",
  "url": "https://advisorcensus.com/firm/lees-monsour-group-shreveport-la-318023",
  "display_name": "Lees Monsour Group",
  "summary": "Lees Monsour Group is an SEC-registered investment advisory firm in Shreveport, LA, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 5, 2026.",
  "citation": "AdvisorCensus. Lees Monsour Group (CRD 318023): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Lees Monsour Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Lees Monsour Group reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Lees Monsour Group charge?",
      "a": "Its Form ADV Part 2A brochure dated February 10, 2026 states: Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it); Hourly rate: $300 an hour (financial planning services or other advisory services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Lees Monsour Group located?",
      "a": "Lees Monsour Group's principal office is in Shreveport, LA, according to its Form ADV."
    },
    {
      "q": "Is Lees Monsour Group registered with the SEC or a state?",
      "a": "Lees Monsour Group is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 318023."
    },
    {
      "q": "How much does Lees Monsour Group manage?",
      "a": "Lees Monsour Group reports $681,163,458 in regulatory assets under management in its Form ADV filing dated August 5, 2026 (98% discretionary)."
    },
    {
      "q": "How have Lees Monsour Group's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Lees Monsour Group: Regulatory assets under management: $412,018,033 in the October 2022 data and $681,163,458 in the October 2026 data, up 65%. Total employees: 4 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Lees Monsour Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (223); high net worth individuals (107); corporations or other businesses not listed above (22)."
    },
    {
      "q": "Which custodians does Lees Monsour Group use?",
      "a": "Lees Monsour Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Lees Monsour Group 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/318023"
    },
    {
      "q": "Does Lees Monsour Group state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated February 10, 2026 says: \"Lees Monsour Group generally requires a minimum relationship size of $500,000, which may be reduced at is sole discretion.\""
    },
    {
      "q": "What changed in Lees Monsour Group's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in AR."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 412018033.0,
      "total_employees": 4,
      "filing_date": "2022-07-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 481690844.0,
      "total_employees": 4,
      "filing_date": "2023-02-23"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 514334619.0,
      "total_employees": 4,
      "filing_date": "2024-02-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 612190360.0,
      "total_employees": 4,
      "filing_date": "2025-05-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 681163458.0,
      "total_employees": 4,
      "filing_date": "2026-08-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in AR."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Registered or notice-filed in AK."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $612,190,360 to $681,163,458 (+11%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 10, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "$500,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour (financial planning services or other advisory services)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Fees range from 0.50% to 1.50% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $500,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "Lees Monsour Group generally requires a minimum relationship size of $500,000, which may be reduced at is sole discretion."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (financial planning services or other advisory services)"
        ],
        "quotes": [
          "Lees Monsour Group offers financial planning services or other advisory services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $ 300 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.5
      ],
      "max_pct": null,
      "account_minimum": 500000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "financial planning services or other advisory services"
        }
      ]
    },
    "quotes": [
      "Fees range from 0.50% to 1.50% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.",
      "Lees Monsour Group generally requires a minimum relationship size of $500,000, which may be reduced at is sole discretion.",
      "Lees Monsour Group offers financial planning services or other advisory services either on an hourly basis or a fixed engagement fee. Hourly fees range up to $ 300 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Raymond James & Associates, Inc.",
      "name_as_filed": "RAYMOND JAMES & ASSOCIATES, 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/lees-monsour-group-shreveport-la-318023.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 223,
      "fewer_than_5": false,
      "raum": 62290464.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 107,
      "fewer_than_5": false,
      "raum": 546031683.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 3213417.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 9,
      "fewer_than_5": false,
      "raum": 25238119.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 22,
      "fewer_than_5": false,
      "raum": 44389775.0
    }
  ],
  "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/318023",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}