L. K. Benson & Company, P.C. provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, tax planning, and tax preparation. Financial planning was provided to 26–50 clients last fiscal year.
L. K. Benson & Company, P.C. reports 103 clients. They include 75 high-net-worth individuals and 28 individual clients. Of its assets, 89.7% ($400M across 440 accounts) are managed with discretion; $46M across 27 accounts are not. It advised 30 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 27% | 4% |
| High-net-worth individuals | 73% | 96% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 28 | $15.9M | 3.6% | $569K |
| High-net-worth individuals | 75 | $430M | 96.4% | $5.74M |
| Total | 103 | $446M | 100% | $4.33M |
- Clients
- 28
- Regulatory AUM
- $15.9M
- AUM share
- 3.6%
- Avg. per client
- $569K
- Clients
- 75
- Regulatory AUM
- $430M
- AUM share
- 96.4%
- Avg. per client
- $5.74M
Total
- Clients
- 103
- Regulatory AUM
- $446M
- AUM share
- 100%
- Avg. per client
- $4.33M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 30
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
L. K. Benson & Company, P.C. is paid through hourly charges 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 and tax planning and preparation
- Project-based planning and tax services are billed hourly from $195 to $585 per hour by staff level, due monthly in arrears and negotiable.
- Investment advisory retainer
- Investment advisory services are billed quarterly in advance as a retainer based on complexity; annual fees typically range from $10,000 to $32,000.
Lyle Benson owns 50% to 75% of L. K. Benson & Company, P.C.. The leadership team of L. K. Benson & Company, P.C. includes President Lyle Benson and Chief Compliance Officer Christopher Benson. It has 9 employees, 2 of them in advisory roles.
Leadership
- Lyle BensonPresident
- Christopher BensonPrincipal and Chief Compliance Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 50% to 75% of L. K. Benson & Company, P.C.
Lyle Benson
Control person · since November 1994
- Owns 50% to 75% of L. K. Benson & Company, P.C.
Christopher Benson
Control person · since December 2019
L. K. Benson & Company, P.C.’s regulatory assets grew 2.3× from $190M (March 2021) to $446M (July 2026); clients rose from 80 to 103 and employees were 9 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $446M | 103 | 9 | 2 |
| March 2025 | $369M | 93 | 9 | 2 |
| March 2024 | $277M | 88 | 9 | 2 |
| March 2023 | $258M | 84 | 9 | 1 |
| March 2022 | $237M | 81 | 9 | 1 |
| March 2021 | $190M | 80 | 9 | 1 |
Besides its headquarters, L. K. Benson & Company, P.C. has 1 office (1 private residence, listed without an address), with 1 listed address in Maryland.
Maryland · 1 listed address
- 9690 Deereco Road, Suite 430, TimoniumHQ
Contact and registration details
- Legal name
- L. K. Benson & Company, P.C.
- Headquarters
- 9690 Deereco Road, Suite 430, Timonium, MD 21093
- Website
- lkbenson.com
- Phone
- 410-494-6680
- SEC file
- 801-48099
- Founded
- 1994
- Structure
- Maryland corporation
- Fiscal year end
- December
L. K. Benson & Company, P.C. uses Charles Schwab ($407M) as custodian for its separately managed accounts. L. K. Benson & Company, P.C. has custody of $19.8M in client assets for 14 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $407M100%
At year end, L. K. Benson & Company, P.C.’s separately managed accounts were mostly in funds (78%) and stocks (11%). Its reported 13F holdings for the quarter ended 30 June 2026 total $332M across 115 positions; the largest are Price T Rowe Group Inc. (41.3%), Vanguard Star Fds (4.3%) and EA Series Trust (3.7%).
What the accounts hold
- Stocks11%
- Funds78%
- Cash11%
Reported 13F holdings
- $332M
- Reported 13F value
- 115
- Positions
- 65.0%
- In the 10 largest
- +9.6%
- Value vs. prior quarter
- Price T Rowe Group Inc.41.3%
- Vanguard Star Fds · VG TL Intl Stk F4.3%
- EA Series Trust · Alpha Architect3.7%
- Vanguard Index Fds · Total Stk Mkt3.3%
- Vanguard BD Index Fds · Total Bnd Mrkt2.5%
- EA Series Trust · Alpha Architect2.3%
- Schwab Strategic TR · Intl Eqty ETF2.2%
- Schwab Strategic TR · Int-trm U.s Tres2.2%
- Vanguard Index Fds · S&P 500 ETF Shs1.6%
- Vanguard Index Fds · Extend Mkt ETF1.6%
Together, the ten largest are 65.0% of reported value.
How many clients does L. K. Benson & Company, P.C. have?
L. K. Benson & Company, P.C. has 103 clients and manages $446 million for them, as of July 2026. They include 75 high-net-worth individuals and 28 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 July 2026
What services does L. K. Benson & Company, P.C. offer?
L. K. Benson & Company, P.C. provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does L. K. Benson & Company, P.C. use?
L. K. Benson & Company, P.C.’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $407M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 July 2026
How many financial advisors does L. K. Benson & Company, P.C. have?
L. K. Benson & Company, P.C. has 2 investment adviser representatives registered with state securities authorities, out of 9 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 L. K. Benson & Company, P.C. invest in?
At the end of its last fiscal year, L. K. Benson & Company, P.C.’s separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities and 11% 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 L. K. Benson & Company, P.C.?
L. K. Benson & Company, P.C.’s direct owners are Lyle Benson (50% to 75%) and Christopher Benson (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 July 2026
How does L. K. Benson & Company, P.C. get paid?
L. K. Benson & Company, P.C. is paid through hourly charges 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 L. K. Benson & Company, P.C.?
L. K. Benson & Company, P.C.’s main office is at 9690 Deereco Road, Suite 430, Timonium, MD 21093. Its phone number is 410-494-6680. Its website is lkbenson.com.