Lombard Advisers Incorporated

Registered investment adviser · Baltimore, MD · CRD #108231

Form ADV data as of 2026-09-01

Regulatory assets

$669.8 million

Total accounts

1,456

Employees

Disclosure events

Firm details

Website: http://www.golombard.com
Telephone: 410-342-1300
SEC file number: 801-114981
Most recent Form ADV filing: 2026-03-27
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 1 disclosure question 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.

Another regulator found a violation of investment-related regulations or statutes

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$245.3 million
Non-discretionary regulatory assets under management	$424.6 million
Total regulatory assets under management	$669.8 million
Discretionary accounts	640
Non-discretionary accounts	816
Total accounts	1,456
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	41
Employees performing investment advisory functions (including research)	30
Employees who are registered representatives of a broker-dealer	32
Employees registered as investment adviser representatives with a state	30
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	26
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No

How the firm is compensated

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

Advisory services offered

Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerInsurance company or agency

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:

Recommends securities in which it has another proprietary interest
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Compensates a non-employee for client referrals
Provides employee compensation specifically for obtaining clients

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	867	$356.8 million
High net worth individuals	74	$154.6 million
Pension and profit sharing plans (not the participants or government plans)	27	$95.4 million
Charitable organizations	15	$62.7 million
Corporations or other businesses not listed above	2	$256,310