Lmc Investments, Inc. (Wellesley)

Lmc Investments, Inc. is an adviser based in Wellesley. It manages $17.87 million of regulatory assets for 50 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Massachusetts.

Lmc Investments provides portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lmc Investments: assets under management

The assets under management (AUM) of Lmc Investments, Inc. is $17.87 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -69% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $17.87 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $357.47 thousand each.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lmc Investments, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Lmc Investments, Inc.

Lmc Investments, Inc. is owned by Michael Joseph Degrazia. Joseph Michael Degrazia has been acting as President since 1 Nov 1973. Hanford Winton Carr joined the executive team most recently as the Analyst.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joseph Michael Degrazia	President	1 Nov 1973	75% - 100%	4345210
Ilze Zagarins	Director	1 Nov 1973	Other	4345231
Hanford Winton Carr	Treasurer	1 Sep 1986	Other	4345221
Joseph Michael Degrazia	Analyst	1 Jan 1990	Other	2278940
Hanford Winton Carr	Analyst	1 Dec 2004	Other	4345221
Joseph Michael Degrazia	President/chief compliance officer	1 Apr 2005	25% - 50%	2278940
Michael Joseph Degrazia	Owner	1 Apr 2005	25% - 50%	4959819
Hanford Winton Carr	Analyst	1 Dec 2005	Other	4345221

Based in Wellesley

The principal office where Lmc Investments, Inc. performs its advisory services is located at One Hollis St, Wellesley, MA 02482, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.