Adviser Record

L&g - Asset Management, America

Registered investment adviser · Chicago, IL · CRD #149156

Form ADV data as of 2026-09-01
Regulatory assets
$267.16 billion
Total accounts
554
Employees
262
Disclosure events
3

Firm details

Disciplinary disclosures

This firm reports 3 disclosure questions answered Yes, covering 3 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Assets and accounts

Provides continuous and regular supervisory or management servicesYes
Discretionary regulatory assets under management$266.79 billion
Non-discretionary regulatory assets under management$372.3 million
Total regulatory assets under management$267.16 billion
Discretionary accounts546
Non-discretionary accounts8
Total accounts554
Regulatory assets under management attributable to non-U.S. persons$138.24 billion

People

Total employees (excluding clerical)262
Employees performing investment advisory functions (including research)104
Employees who are registered representatives of a broker-dealer0
Employees registered as investment adviser representatives with a state0
Employees registered as IARs for another investment adviser0
Employees who are licensed insurance agents0
Firms or persons who solicit advisory clients on the firm's behalf1

Custody

Has custody of client cash or bank accountsYes
Has custody of client securitiesYes
Client funds and securities held in the firm's custody$14.84 billion
Clients for whom the firm has custody20
A related person has custody of client cash or bank accountsNo
A related person has custody of client securitiesNo
The firm acts as a qualified custodianNo
A related person acts as a qualified custodianNo
Number of persons acting as qualified custodians for the firm's clients1

How the firm is compensated

A percentage of assets under managementFixed fees (other than subscription fees)Performance-based fees

Advisory services offered

Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clients

Other business activities

Commodity pool operator or commodity trading advisor

Affiliated related persons

Other investment adviser (including financial planners)Insurance company or agencySponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Client types

Type of clientClientsAssets
Investment companies2$10.83 billion
Pooled investment vehicles (other than investment companies and BDCs)52$47.15 billion
Pension and profit sharing plans (not the participants or government plans)98$39.94 billion
Charitable organizations3$820.9 million
State or municipal government entities (including government pension plans)5$3.88 billion
Other investment advisers15$146.57 billion
Insurance companies11$12.00 billion
Sovereign wealth funds and foreign official institutions1$1.04 billion
Corporations or other businesses not listed above6$4.80 billion
Other2$139.6 million