LM ADVISORS LLC

CRD 153940File 801-72170

APPROVED

Retail clients

Filing as of Mar 30, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$2.88B

Top 25% of cohort (national)

Discretionary AUM

$2.86B

Non-discretionary $14.4M

Clients

585

1,466 accounts

Employees

Top 25% of cohort in CA

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: LARO
Registration date: Apr 25, 2011
Principal office: 750 B STREET, SUITE 3020, SAN DIEGO, CA, 92101-8192
Phone: 619-814-1400
Website: HTTP://WWW.LMADVISORS.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $2.88B
Discretionary AUM: $2.86B
Non-discretionary AUM: $14.4M
Discretionary accounts: 1,461
Non-discretionary accounts: 5
Total accounts: 1,466
AUM per client: $4.9M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Insurance companies	21	$336.4M
Charitable organizations	Fewer than 5	$9.3M
High net worth individuals	295	$2.33B
Pooled investment vehicles	1	$76.7M
Pension and profit sharing plans	20	$27.0M
Individuals (other than high net worth individuals)	245	$94.3M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Fixed fees
Other (described) — REFERRAL FEE
A percentage of assets under your management

Advisory activities

Portfolio management for businesses
Portfolio management for pooled investment vehicles
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.