{"url":"https://nivawealth.com/firms/l-s-y-38","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/38","regulatoryAum":630665806,"crd":"38","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5562573","suffix":null,"lastName":"ALEXANDER","firstName":"KENT","middleName":"ROBERT"},{"crd":"2677843","suffix":null,"lastName":"BLAIR","firstName":"FORREST","middleName":"RANDALL"},{"crd":"1346998","suffix":null,"lastName":"CHARNEY","firstName":"CHERYL","middleName":"LYNNE"},{"crd":"713570","suffix":null,"lastName":"COCHRAN","firstName":"NICHOLAS","middleName":"COWLES"},{"crd":"1185303","suffix":null,"lastName":"COHN","firstName":"RICHARD","middleName":"JAY"},{"crd":"50331","suffix":null,"lastName":"COIT","firstName":"ROGER","middleName":"KENNETH"},{"crd":"2601437","suffix":null,"lastName":"COMES","firstName":"EMMANUEL","middleName":"SABALE"},{"crd":"2983201","suffix":null,"lastName":"DAWSON","firstName":"SCOTT","middleName":"EVERARD"},{"crd":"1851860","suffix":null,"lastName":"DERBY","firstName":"DAVID","middleName":"ROE"},{"crd":"66638","suffix":null,"lastName":"DEVINNEY","firstName":"FREDERIC","middleName":"HUNTER"},{"crd":"858158","suffix":null,"lastName":"GEMMER","firstName":"ROBERT","middleName":"ARDEN"},{"crd":"2584389","suffix":null,"lastName":"GUTHREAU","firstName":"WILLIAM","middleName":"HENRY"},{"crd":"5479951","suffix":null,"lastName":"HAUPT","firstName":"ANDREW","middleName":"BRADLEY"},{"crd":"821393","suffix":null,"lastName":"HAUPT","firstName":"BRADLEY","middleName":"LEE"},{"crd":"719755","suffix":null,"lastName":"JOOSSE","firstName":"FREDERICK","middleName":"JOHN"},{"crd":"1771455","suffix":null,"lastName":"KESSLER","firstName":"JOHN","middleName":"INGLEITALO"},{"crd":"1379212","suffix":null,"lastName":"KNIGHT","firstName":"JOEL","middleName":"BERNARD"},{"crd":"6190487","suffix":null,"lastName":"LOCOCO","firstName":"CHRISTOPHER","middleName":"J"},{"crd":"5645603","suffix":null,"lastName":"LOCOCO","firstName":"JOHN","middleName":"EDWARD"},{"crd":"5536022","suffix":null,"lastName":"LOOFBOURROW","firstName":"ERIC","middleName":"ANDREW"},{"crd":"809554","suffix":null,"lastName":"MCCORMICK","firstName":"THOMAS","middleName":"LLOYD"},{"crd":"4249198","suffix":null,"lastName":"MEHREN","firstName":"SCOTT","middleName":"CHRISTOPHER"},{"crd":"341322","suffix":null,"lastName":"MOSHER","firstName":"JERRY","middleName":"SMITH"},{"crd":"1370322","suffix":null,"lastName":"PADILLA","firstName":"MONICA","middleName":null},{"crd":"1239536","suffix":null,"lastName":"PRUITT","firstName":"ROGER","middleName":"HAYDEN"},{"crd":"2871324","suffix":null,"lastName":"ROSE","firstName":"PAULA","middleName":"JEAN"},{"crd":"5204040","suffix":null,"lastName":"TOM","firstName":"WILLIAM","middleName":null},{"crd":"2860395","suffix":null,"lastName":"YEE","firstName":"RONALD","middleName":"GARRETT"}],"total":28,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-28","regulatoryAum":588575319,"clients":967,"employees":41,"offices":17},{"filedOn":"2022-06-28","regulatoryAum":598152492,"clients":974,"employees":39,"offices":16},{"filedOn":"2023-06-28","regulatoryAum":511001949,"clients":976,"employees":37,"offices":15},{"filedOn":"2024-06-26","regulatoryAum":616901590,"clients":901,"employees":32,"offices":14},{"filedOn":"2025-06-26","regulatoryAum":578062390,"clients":762,"employees":30,"offices":13},{"filedOn":"2026-06-26","regulatoryAum":630665806,"clients":766,"employees":32,"offices":13}],"secFileNumber":"801-57838","legalName":"L.s.y., 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Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":120102888},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":86250549},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":424312369}],"custodyNote":"L.s.y. does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Nicholas Cowles Cochran","title":"Vice-President","crd":"713570"},{"name":"Emmanuel Sabale Comes","title":"Chief Compliance Officer","crd":"2601437"},{"name":"Elizabeth Sarah Collins","title":"Principal Financial Officer","crd":"4714831"},{"name":"Larry Chaiya Lee","title":"Chairman of the Board","crd":"305344"},{"name":"Elaine Joyce Yee","title":"Shareholder","crd":"2284636"}],"ownership":[{"label":"Larry Chaiya Lee","detail":"Chairman of the board in the 50% to 75% ownership band and a control person, since March 1973."},{"label":"Elaine Joyce Yee","detail":"Shareholder in the 25% to 50% ownership band and a control person, since April 2026."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":12,"privateResidences":4},"listedOfficeAddresses":9,"foreignOffices":[],"officesByState":[{"state":"California","offices":9,"addresses":[{"street":"12667 Alcosta BLVD., Suite 160","city":"San Ramon","headquarters":true},{"street":"2635 N First Street, Suite 230","city":"San Jose"},{"street":"13620 Lincoln Way, Ste. 280","city":"Auburn"},{"street":"6101 Bollinger Canyon RD, Suite 310","city":"San Ramon"},{"street":"525 'J\" Street, Ste. B","city":"Los Banos"},{"street":"9825 Blue Larkspur Lane","city":"Monterey"},{"street":"5701 Lonetree BLVD., Suite 215","city":"Rocklin"},{"street":"4340 Redwood Hwy Ste 118","city":"San Rafael"},{"street":"11856 Dublin BLVD.","city":"Dublin"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"925-866-2882","stateRegisteredReps":30,"otherAdviserReps":3,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":34},{"label":"Securities issued by registered investment companies or business development companies","percent":61},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":2,"detail":"Includes Fractional Percentages of Non-Traded Direct Participation Programs, CDS, U.S. Government/Agency Bonds, U.S. State and Local Bonds, Investment Grade Corporate Bonds, and Derivatives Categories Above."}],"privateFunds":0},"sources":{"adv1FilingDate":"26 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/38/PDF/38.pdf","brochureDate":"26 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1049793","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does L.s.y. have?","answer":"L.s.y. has 766 clients and manages $631 million for them, as of June 2026. They include 548 individual clients, 211 high-net-worth individuals, and 7 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does L.s.y. offer?","answer":"L.s.y. provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does L.s.y. charge?","answer":"L.s.y. charges up to 2.00% a year for its Asset management.","source":"AIC FORM ADV PART 2A - 6/26/26, filed 26 June 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does L.s.y. use?","answer":"L.s.y.’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $424M, National Financial Services LLC (Boston, MA), with $120M and Fidelity Brokerage Services LLC (Smithfield, RI), with $86.3M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does L.s.y. have?","answer":"L.s.y. has 30 investment adviser representatives registered with state securities authorities, out of 32 employees, and 32 perform investment advisory functions. 32 employees are registered representatives of a broker-dealer and 19 employees are licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does L.s.y. invest in?","answer":"At the end of its last fiscal year, L.s.y.’s separately managed accounts held 61% registered funds (mutual funds, ETFs, BDCs), 34% exchange-traded equities, 3% cash and equivalents and 2% other. The 2% other category is described as: Includes Fractional Percentages of Non-Traded Direct Participation Programs, CDS, U.S. Government/Agency Bonds, U.S. State and Local Bonds, Investment Grade Corporate Bonds, and Derivatives Categories Above.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns L.s.y.?","answer":"L.s.y.’s direct owners are Larry Chaiya Lee (50% to 75%) and Elaine Joyce Yee (25% to 50%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does L.s.y. get paid?","answer":"L.s.y. is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact L.s.y.?","answer":"L.s.y.’s main office is at 12667 Alcosta BLVD., Suite 160, San Ramon, CA 94583. Its phone number is 925-866-2882. Its website is americaninvestorsco.com.","source":"Form ADV Part 1A, Item 1.F, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}