{
  "crd_number": 111039,
  "slug": "lvm-capital-management-ltd-portage-mi-111039",
  "primary_business_name": "LVM CAPITAL MANAGEMENT LTD",
  "legal_name": "LVM CAPITAL MANAGEMENT LTD",
  "dbas": [],
  "city": "Portage",
  "state": "MI",
  "country": "United States",
  "cbsa_code": "28020",
  "metro": {
    "cbsa_code": "28020",
    "common_name": "Kalamazoo",
    "msa_name": "Kalamazoo-Portage, MI",
    "path": "/advisors/mi/kalamazoo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-08-15",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-09-18",
  "carried_forward": false,
  "raum_total": 1562022642.0,
  "raum_discretionary": 1518005291.0,
  "raum_non_discretionary": 44017351.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 15,
  "advisory_employees": 8,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 133803129.0,
      "count": 46
    },
    "pension_profit_sharing": {
      "raum": 4953351.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 1423266162.0,
      "count": 1369
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "FL",
    "MI",
    "NE",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/lvm-capital-management",
    "https://lvmcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/111039",
  "city_as_filed": "PORTAGE",
  "url": "https://advisorcensus.com/firm/lvm-capital-management-ltd-portage-mi-111039",
  "display_name": "LVM Capital Management Ltd",
  "summary": "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.",
  "citation": "AdvisorCensus. LVM Capital Management Ltd (CRD 111039): 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"
  ],
  "quick_answers": [
    {
      "q": "How is LVM Capital Management Ltd compensated?",
      "a": "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)."
    },
    {
      "q": "How much does LVM Capital Management Ltd charge?",
      "a": "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."
    },
    {
      "q": "Where is LVM Capital Management Ltd located?",
      "a": "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)."
    },
    {
      "q": "Is LVM Capital Management Ltd registered with the SEC or a state?",
      "a": "LVM Capital Management Ltd is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 111039."
    },
    {
      "q": "How much does LVM Capital Management Ltd manage?",
      "a": "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)."
    },
    {
      "q": "How have LVM Capital Management Ltd's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does LVM Capital Management Ltd serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does LVM Capital Management Ltd use?",
      "a": "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."
    },
    {
      "q": "Does LVM Capital Management Ltd 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/111039"
    },
    {
      "q": "Does LVM Capital Management Ltd state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in LVM Capital Management Ltd's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Regulatory assets under management went from $1,314,451,711 to $1,562,022,642 (+19%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 938290235.0,
      "total_employees": 14,
      "filing_date": "2021-09-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 998663335.0,
      "total_employees": 14,
      "filing_date": "2022-09-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 974592169.0,
      "total_employees": 13,
      "filing_date": "2023-09-20"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1176147625.0,
      "total_employees": 14,
      "filing_date": "2024-09-24"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1176147625.0,
      "total_employees": 14,
      "filing_date": "2024-09-24"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1562022642.0,
      "total_employees": 15,
      "filing_date": "2026-09-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Regulatory assets under management went from $1,314,451,711 to $1,562,022,642 (+19%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "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."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated September 9, 2025",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $1,999,999.99",
        "rate": "1.25%"
      },
      {
        "band": "$2,000,000 to $5,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $5,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "The general fee schedule is:\n \nMarket Value of the Account   $ or Percent Annual Fee \n< $2 million     1.25 % \n$2,000,000 to $5,000,000    1.00 % \n> $5 million     Negotiated"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 1999999.99,
          "rate_pct": 1.25
        },
        {
          "min": 2000000.0,
          "max": 5000000.0,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "The general fee schedule is:\n \nMarket Value of the Account   $ or Percent Annual Fee \n< $2 million     1.25 % \n$2,000,000 to $5,000,000    1.00 % \n> $5 million     Negotiated",
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., 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/lvm-capital-management-ltd-portage-mi-111039.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1369,
      "fewer_than_5": false,
      "raum": 1423266162.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 4953351.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 46,
      "fewer_than_5": false,
      "raum": 133803129.0
    }
  ],
  "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/111039",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}