AdvisorCensus / Financial advisors / Michigan / Kalamazoo / LVM Capital Management Ltd
LVM Capital Management Ltd is an SEC-registered investment advisory firm in Portage, MI, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.
Quick answers
From the filingHow is LVM Capital Management Ltd compensated?
On its Form ADV (Item 5.E, October 2026), LVM Capital Management Ltd reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
How much does LVM Capital Management Ltd charge?
Its Form ADV Part 2A brochure dated September 9, 2025 states: Up to $1,999,999.99: 1.25% a year; $2,000,000 to $5,000,000: 1% a year; Above $5,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is LVM Capital Management Ltd located?
LVM Capital Management Ltd's principal office is in Portage, MI, according to its Form ADV; the October 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is LVM Capital Management Ltd registered with the SEC or a state?
LVM Capital Management Ltd is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 111039.
How much does LVM Capital Management Ltd manage?
LVM Capital Management Ltd reports $1,562,022,642 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (97% discretionary).
How have LVM Capital Management Ltd's assets and staff changed since 2021?
In the Form ADV data for LVM Capital Management Ltd: Regulatory assets under management: $938,290,235 in the October 2021 data and $1,562,022,642 in the October 2026 data, up 66%. Total employees: 14 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does LVM Capital Management Ltd serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (1,369); charitable organizations (46); pension and profit sharing plans (but not the plan participants or government pension plans) (1).
Which custodians does LVM Capital Management Ltd use?
LVM Capital Management Ltd'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 LVM Capital Management Ltd 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/111039
Does LVM Capital Management Ltd state an account minimum?
Its Form ADV Part 2A brochure dated September 9, 2025 says: "LVM generally requires a minimum of $1,000,000 to establish a relationship, but takes into consideration the interrelationships of accounts and client referrals and occasionally makes exceptions to this guideline."
What changed in LVM Capital Management Ltd's recent Form ADV filings?
In the October 2026 filing data: Regulatory assets under management went from $1,314,451,711 to $1,562,022,642 (+19%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,999,999.99 | 1.25% |
| $2,000,000 to $5,000,000 | 1% |
| Above $5,000,000 | See the brochure |
The brochure's wording
The general fee schedule is: Market Value of the Account $ or Percent Annual Fee < $2 million 1.25 % $2,000,000 to $5,000,000 1.00 % > $5 million Negotiated
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
LVM generally requires a minimum of $1,000,000 to establish a relationship, but takes into consideration the interrelationships of accounts and client referrals and occasionally makes exceptions to this guideline.
As stated in the firm's Form ADV Part 2A brochure dated September 9, 2025. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,562,022,642 as of October 2026, filing dated September 18, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1988 (38 years)
- Employees
- Total: 15. Performing investment advisory functions: 8.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the October 2026 filing
- States registered or notice-filed
-
5 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,562,022,642 | 15 | September 18, 2026 |
| October 2025 | $1,176,147,625 | 14 | September 24, 2024 |
| October 2024 | $1,176,147,625 | 14 | September 24, 2024 |
| October 2023 | $974,592,169 | 13 | September 20, 2023 |
| October 2022 | $998,663,335 | 14 | September 28, 2022 |
| October 2021 | $938,290,235 | 14 | September 24, 2021 |
Regulatory assets under management: $938,290,235 in the October 2021 data and $1,562,022,642 in the October 2026 data, up 66%.
Total employees: 14 in October 2021 and 15 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Regulatory assets under management went from $1,314,451,711 to $1,562,022,642 (+19%).
- December 2025
- Regulatory assets under management went from $1,176,147,625 to $1,314,451,711 (+12%).
- Employees performing advisory functions went from 7 to 8.
- Registered or notice-filed in NE.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. LVM Capital Management Ltd (CRD 111039): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lvm-capital-management-ltd-portage-mi-111039