{ "crd_number": 149936, "slug": "lmcg-investments-llc-boston-ma-149936", "primary_business_name": "LMCG INVESTMENTS, LLC", "legal_name": "LMCG INVESTMENTS, LLC", "dbas": [], "city": "Boston", "state": "MA", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2009-07-06", "years_registered": 17, "period": "2026-10-01", "filing_date": "2026-04-09", "carried_forward": false, "raum_total": 6834293270.0, "raum_discretionary": 6693598213.0, "raum_non_discretionary": 140695057.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 46, "advisory_employees": 16, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 220660523.0, "count": 37 }, "individuals": { "raum": 57759571.0, "count": 168 }, "banking_thrift": { "raum": 0.0, "count": 0, "fewer_than_5": true }, "state_municipal": { "raum": 1171717267.0, "count": 4 }, "insurance_companies": { "raum": null, "count": 0, "fewer_than_5": true }, "investment_companies": { "raum": 251104783.0, "count": 1 }, "pension_profit_sharing": { "raum": null, "count": 0, "fewer_than_5": true }, "other_investment_advisers": { "raum": 132465349.0, "count": 7 }, "high_net_worth_individuals": { "raum": 2463889786.0, "count": 725 }, "pooled_investment_vehicles": { "raum": 2447208810.0, "count": 2 }, "corporations_other_businesses": { "raum": 89487181.0, "count": 24 }, "business_development_companies": { "raum": 0.0, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 0.0, "count": 0, "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals", "portfolio_management_investment_companies", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AK", "AL", "AR", "AZ", "CA", "CO", "CT", "DC", "DE", "FL", "GA", "HI", "IA", "ID", "IL", "IN", "KS", "KY", "LA", "MA", "MD", "ME", "MI", "MN", "MO", "MS", "MT", "NC", "ND", "NE", "NH", "NJ", "NM", "NV", "NY", "OH", "OK", "OR", "PA", "PR", "RI", "SC", "SD", "TN", "TX", "UT", "VA", "VT", "WA", "WI", "WV", "WY" ], "websites": [ "https://linkedin.com/company/lmcginvestments", "https://lmcg.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/149936", "city_as_filed": "BOSTON", "url": "https://advisorcensus.com/firm/lmcg-investments-llc-boston-ma-149936", "display_name": "LMCG Investments, LLC", "summary": "LMCG Investments, LLC is an SEC-registered investment advisory firm in Boston, MA, registered since 2009, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated April 9, 2026.", "citation": "AdvisorCensus. LMCG Investments, LLC (CRD 149936): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for investment companies (and business development companies)", "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is LMCG Investments, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), LMCG Investments, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is LMCG Investments, LLC located?", "a": "LMCG Investments, LLC's principal office is in Boston, MA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is LMCG Investments, LLC registered with the SEC or a state?", "a": "LMCG Investments, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 149936." }, { "q": "How much does LMCG Investments, LLC manage?", "a": "LMCG Investments, LLC reports $6,834,293,270 in regulatory assets under management in its Form ADV filing dated April 9, 2026 (98% discretionary)." }, { "q": "How have LMCG Investments, LLC's assets and staff changed since 2021?", "a": "In the Form ADV data for LMCG Investments, LLC: Regulatory assets under management: $6,480,214,099 in the October 2021 data and $6,834,293,270 in the October 2026 data, up 5%. Total employees: 61 in October 2021 and 46 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does LMCG Investments, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (725); individuals (other than high net worth individuals) (168); charitable organizations (37)." }, { "q": "Which custodians does LMCG Investments, LLC use?", "a": "LMCG Investments, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Investments, SEI Trust Company and The Bank of New York Mellon Corporation as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does LMCG Investments, LLC 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/149936" }, { "q": "What changed in LMCG Investments, LLC's recent Form ADV filings?", "a": "In the May 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 6480214099.0, "total_employees": 61, "filing_date": "2021-01-29" }, { "period": "2022-10-01", "regulatory_assets_under_management": 4288460478.0, "total_employees": 40, "filing_date": "2022-04-14" }, { "period": "2023-10-01", "regulatory_assets_under_management": 4045320107.0, "total_employees": 40, "filing_date": "2023-03-17" }, { "period": "2024-10-01", "regulatory_assets_under_management": 5761306249.0, "total_employees": 42, "filing_date": "2024-07-17" }, { "period": "2025-10-01", "regulatory_assets_under_management": 6545996799.0, "total_employees": 45, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 6834293270.0, "total_employees": 46, "filing_date": "2026-04-09" } ], "recent_changes": [ { "period": "2026-05-01", "period_label": "May 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 13 to 16." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fidelity Investments", "name_as_filed": "FIDELITY INVESTMENTS", "affiliated": false }, { "name": "SEI Trust Company", "name_as_filed": "SEI TRUST COMPANY", "affiliated": false }, { "name": "The Bank of New York Mellon Corporation", "name_as_filed": "THE BANK OF NEW YORK MELLON CORPORATION", "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/lmcg-investments-llc-boston-ma-149936.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 168, "fewer_than_5": false, "raum": 57759571.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 725, "fewer_than_5": false, "raum": 2463889786.0 }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": true, "raum": 0.0 }, { "type": "investment_companies", "label": "Investment companies", "count": 1, "fewer_than_5": false, "raum": 251104783.0 }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": 0.0 }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 2, "fewer_than_5": false, "raum": 2447208810.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 0, "fewer_than_5": true, "raum": null }, { "type": "charitable", "label": "Charitable organizations", "count": 37, "fewer_than_5": false, "raum": 220660523.0 }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 4, "fewer_than_5": false, "raum": 1171717267.0 }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 7, "fewer_than_5": false, "raum": 132465349.0 }, { "type": "insurance_companies", "label": "Insurance companies", "count": 0, "fewer_than_5": true, "raum": null }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 0, "fewer_than_5": true, "raum": 0.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 24, "fewer_than_5": false, "raum": 89487181.0 } ], "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/149936", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }