Fees and Compensation — Form ADV Part 2A (4/8/2022)
[Brochure]
Item 5| fees and compensation
LPM’s fees for providing discretionary investment management services vary depending on the type
of account, the strategy and the size of the proposed investment. Fees are typically based upon a
percentage of the assets under management of an account. In some cases LPM may also charge
performance based fees which are described in more detail in Item 6 below.
LPM will generally bill segregated account clients quarterly in arrears but clients may choose
different arrangements as part of their investment management agreement.
LPM’s fees are exclusive of brokerage commissions and other transaction related costs which will be
incurred by the client.
Clients with their own custodian relationships may incur charges imposed by those custodians.
Account Minimums and Types of Clients — Form ADV Part 2A (4/8/2022)
[Brochure]
Item 7 | types of clients
LPM provides investment advisory services to a range of institutional clients, including corporate and
public pensions plans, endowments, family offices, regulated financial institutions and pooled funds,
both regulated and private.
The minimum amount considered for a segregated mandate would typically be $25 million.
Firm Brochure
SEC Form ADV (Part 2)