# Lsia

> Lsia is an SEC-registered investment advisory firm in Bloomfield Hills, MI, registered since 2008, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 3, 2026.

- CRD: 146829
- Filed as: LSIA
- Legal name: LS Investment Advisors, LLC
- Also doing business as: LSIA, LSIA WEALTH, LSIA WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Bloomfield Hills, MI
- Filing period: October 2026
- Form ADV filing dated: June 3, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/146829
- AdvisorCensus page: https://advisorcensus.com/firm/lsia-bloomfield-hills-mi-146829

## Quick answers

**How is Lsia compensated?**
On its Form ADV (Item 5.E, October 2026), Lsia reports these compensation arrangements: a percentage of assets under its management.

**How much does Lsia charge?**
Its Form ADV Part 2A brochure dated June 3, 2026 states: Up to $2,000,000: 0.95% a year; $2,000,000 to $5,000,000: 0.8% a year; $5,000,000 to $10,000,000: 0.6% a year; Above $10,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Lsia located?**
Lsia's principal office is in Bloomfield Hills, MI, according to its Form ADV; the July 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Lsia registered with the SEC or a state?**
Lsia is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 146829.

**How much does Lsia manage?**
Lsia reports $932,114,909 in regulatory assets under management in its Form ADV filing dated June 3, 2026 (100% discretionary).

**How have Lsia's assets and staff changed since 2021?**
In the Form ADV data for Lsia: Regulatory assets under management: $1,015,590,933 in the October 2021 data and $932,114,909 in the October 2026 data, down 8%. Total employees: 11 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lsia serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (131); individuals (other than high net worth individuals) (41); charitable organizations (8).

**Which custodians does Lsia use?**
Lsia'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.

**Does Lsia 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/146829

**Does Lsia state an account minimum?**
Its Form ADV Part 2A brochure dated June 3, 2026 says: "LSIA does not have a minimum account size. Instead, all accounts are subject to a minimum fee, as described above under Item 5. Fees and Compensation."

**What changed in Lsia's recent Form ADV filings?**
In the March 2026 filing data: No longer lists the business name Lsia Wealth & Institutional. No longer lists the business name Lsia Institutional. Added the business name Lsia Wealth Management.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 3, 2026)

- Up to $2,000,000: 0.95% a year
- $2,000,000 to $5,000,000: 0.8% a year
- $5,000,000 to $10,000,000: 0.6% a year
- Above $10,000,000: 0.5% a year

> Effective March 31, 2022, our standard advisory fee schedule is as follows: ANNUAL FEE ASSETS UNDER MANAGEMENT 0.95% On the first $2 million 0.80% On the next $3 million 0.60% On the next $5 million 0.50% On value over $10 million

- Account minimum: None

> LSIA does not have a minimum account size. Instead, all accounts are subject to a minimum fee, as described above under Item 5. Fees and Compensation.

- Minimum annual fee: $10,000

> The minimum annual fee is $10,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $932,114,909
- Discretionary: $932,114,909
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 41 | $24,499,771 |
| High net worth individuals | 131 | $734,541,645 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $17,656,233 |
| Charitable organizations | 8 | $78,693,950 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 3 | $33,138,104 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 8 | $43,585,206 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2008 (18 years)
- Employees: 10 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, LA, MA, MD, MI, NC, NH, NY, TX, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Coral Springs, FL
- Milwaukee, WI

### Websites listed on Form ADV (Item 1.I)
- lsinvestmentadvisors.com
- my-lsia.com
- mylsiainstitutional.com
- mylsiawealth.com
- thelsiaway.com
- yourlsia.com
- Facebook @lsiawealth
- Instagram @lsiawealth
- LinkedIn @lsiawealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,015,590,933 | 11 | May 7, 2021 |
| October 2022 | $912,858,853 | 10 | August 31, 2022 |
| October 2023 | $735,613,415 | 12 | September 12, 2023 |
| October 2024 | $803,267,448 | 12 | August 27, 2024 |
| October 2025 | $916,009,663 | 10 | April 30, 2025 |
| October 2026 | $932,114,909 | 10 | June 3, 2026 |

Regulatory assets under management: $1,015,590,933 in the October 2021 data and $932,114,909 in the October 2026 data, down 8%.
Total employees: 11 in October 2021 and 10 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- No longer lists the business name Lsia Wealth & Institutional.
- No longer lists the business name Lsia Institutional.
- Added the business name Lsia Wealth Management.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lsia (CRD 146829): Form ADV filing data as of October 2026.