Lcm Capital Management Inc (Chicago)


Lcm Capital Management Inc is a large advisory firm based in Chicago. It manages $205.37 million of regulatory assets for 634 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Colorado, Florida, and 6 other states.

Lcm Capital Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lcm Capital Management: assets under management

The assets under management (AUM) of Lcm Capital Management Inc is $205.37 million. The firm's AUM has grown by 1051% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $181.45 million in discretionary accounts and $23.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $291.71 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.99 million.
Lcm Capital Management has custody of $23.79 million in cash and securities for 68 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 36% of the total AUM. The second-largest asset type is state and local bonds, which make up 36% of the firm’s portfolio. Investments in exchange traded securities form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lcm Capital Management Inc for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Byron Keith Crowe serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Byron Keith Crowe is high net worth individuals with 165 clients and $141.23 million of assets under management. Among the 10 most similar advisory firms, Lcm Capital Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $205.37 million for 333 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lcm Capital Management doesn't advise any private funds.

Careers at Lcm Capital Management Inc

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Byron Keith Crowe has been acting as President since 1 Jun 1998. Albena Wozny joined the executive team most recently as the Minority Owner.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Byron Keith Crowe Director 1 Jun 1998 Other 1586181
Barry Joseph Glasgow Cio, secy, treasurer director 1 Jun 1998 Other 1312802
Michael Robert Grady President, cob, director 1 Jun 1998 Other 1392784
Inc. Lasalle St. Capital Markets Shareholder 1 Jun 1998 25% - 50% 36-4131675
Inc. Mcdermott Lasalle Shareholder 1 Jun 1998 25% - 50% 36-3722258
Gary Michael Wozny Managing director 1 May 2001 Other 1749964
John Michael Nowicki Managing director 1 May 2001 Other 1740120
Gary Michael Wozny Chairman - ceo 1 Sep 2002 25% - 50% 1749964
John Michael Nowicki President - chief compliance officer 1 Sep 2002 25% - 50% 1740120
Inc. Mcdermott Lasalle Shareholder 1 Sep 2002 Other 36-3722258
Inc Lcm Holdings Shareholder 1 Sep 2002 Other 36-4480914
Llc. Mcdermott Lasalle Shareholder 1 Sep 2002 Other 36-3722258
Albena Wozny Minority owner 1 Feb 2006 Other 5120839

Indirect Owners

The SEC currently registers 7 indirect owners.

Name Entity Date acquired Ownership Employer ID
Michael Robert Grady President, shareholder 1 Jan 1997 25% - 50% 1392784
Byron Keith Crowe Vice president, shareholder, director 1 Jan 1997 25% - 50% 1586181
Llc Mcdermott Lasalle Shareholder 1 Jan 1997 25% - 50% 36-3722258
John William Mcdermott Shareholder 1 Jan 1998 75% - 100% 326626
John William Mcdermott Shareholder 1 Sep 2002 75% - 100% 326626
Michael Robert Grady President, shareholder 1 Sep 2002 25% - 50% 1392784
Byron Keith Crowe Vp - shareholder 1 Sep 2002 25% - 50% 1586181

Based in Chicago

The principal office where Lcm Capital Management Inc performs its advisory services is located at 209 W. Jackson Boulevard, Chicago, IL 60606, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 312-705-3013 or by fax 312-705-5044. The normal business hours are 9am to 4pm on Monday - Friday. You can find more information about the New York firm at lcmcapital.com.