Johnson Lyman provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Financial planning was provided to 51–100 clients last fiscal year.
Johnson Lyman reports 57 clients. They include 46 high-net-worth individuals, 9 individual clients and 1 pension or profit-sharing plan. Of its assets, 94.0% ($190M across 56 accounts) are managed with discretion; $12M across 1 account is not. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 16% | 3% |
| High-net-worth individuals | 81% | 89% |
| Pension and profit-sharing plans | 2% | 6% |
| Charitable organizations | 2% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 9 | $5.62M | 2.8% | $625K |
| High-net-worth individuals | 46 | $180M | 88.9% | $3.9M |
| Pension and profit-sharing plans | Fewer than 5 | $12M | 6.0% | $12M |
| Charitable organizations | Fewer than 5 | $4.84M | 2.4% | $4.84M |
| Total | 57 | $202M | 100% | — |
- Clients
- 9
- Regulatory AUM
- $5.62M
- AUM share
- 2.8%
- Avg. per client
- $625K
- Clients
- 46
- Regulatory AUM
- $180M
- AUM share
- 88.9%
- Avg. per client
- $3.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $12M
- AUM share
- 6.0%
- Avg. per client
- $12M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.84M
- AUM share
- 2.4%
- Avg. per client
- $4.84M
Total
- Clients
- 57
- Regulatory AUM
- $202M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Johnson Lyman is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Projects
- Fixed fees for financial planning projects are set by complexity; generally 50% is billed in advance, and advisor time is valued at $400 to $600 an hour.
- Retirement Plan Services
- Retirement plan services are a percentage of plan assets, reduced as plan assets grow; the brochure states no fixed rate.
Robert Lyman owns 75% or more of Johnson Lyman. The leadership team of Johnson Lyman includes President Robert Lyman. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Johnson Lyman, Inc.
Robert Lyman
Control person · since July 2014
Johnson Lyman’s regulatory assets grew 1.6× from $125M (March 2021) to $202M (March 2026); clients rose from 51 to 57 and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $202M | 57 | 2 | 1 |
| Mar 2025March 2025 | $168M | 55 | 2 | 1 |
| Feb 2024February 2024 | $153M | 54 | 2 | 1 |
| Mar 2023March 2023 | $135M | 53 | 2 | 1 |
| Mar 2022March 2022 | $146M | 50 | 2 | 1 |
| Mar 2021March 2021 | $125M | 51 | 3 | 1 |
Besides its headquarters, Johnson Lyman has 0 offices, with 1 listed address in 1 state.
California · 1 listed address
- 4966 El Camino Real, Suite 109, Los AltosHQ
Contact and registration details
- Legal name
- Johnson Lyman, Inc.
- Headquarters
- 4966 El Camino Real, Suite 109, Los Altos, CA 94022
- Website
- jlwealth.com
- Phone
- 650-494-2733
- SEC file
- 801-70139
- Structure
- California corporation
- Fiscal year end
- December
Johnson Lyman’s named custodians for separately managed accounts are Charles Schwab ($185M, 98%), Nationwide Investment Services ($3.8M, 2%) and Capital Bank and Trust ($15.7K, 0%). Johnson Lyman has custody of $7.39M for 6 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $185M98%
- Nationwide Investment ServicesNationwide Investment Services Corporation · Columbus, OH · $3.8M2%
- Capital Bank and TrustCapital Bank and Trust Company · Norfolk, VA · $15.7K0%
At year end, Johnson Lyman’s separately managed accounts were mostly in funds (69%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds69%
- Cash1%
How many clients does Johnson Lyman have?
Johnson Lyman has 57 clients and manages $202 million for them, as of March 2026. They include 46 high-net-worth individuals, 9 individual clients and 1 pension or profit-sharing plan.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 March 2026
What services does Johnson Lyman offer?
Johnson Lyman provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Johnson Lyman use?
Johnson Lyman’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $185M, Nationwide Investment Services Corporation (Columbus, OH), with $3.8M and Capital Bank and Trust Company (Norfolk, VA), with $15.7K. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 March 2026
How many financial advisors does Johnson Lyman have?
Johnson Lyman has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Johnson Lyman invest in?
At the end of its last fiscal year, Johnson Lyman’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Johnson Lyman?
Johnson Lyman’s direct owner is Robert Lyman (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 March 2026
How does Johnson Lyman get paid?
Johnson Lyman is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Johnson Lyman?
Johnson Lyman’s main office is at 4966 El Camino Real, Suite 109, Los Altos, CA 94022. Its phone number is 650-494-2733. Its website is jlwealth.com.
