{"url":"https://nivawealth.com/firms/lateral-investment-management-159649","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/159649","regulatoryAum":1003867391,"crd":"159649","history":[{"filedOn":"2021-03-31","regulatoryAum":497752962,"clients":12,"employees":12,"offices":2},{"filedOn":"2022-03-30","regulatoryAum":573834102,"clients":12,"employees":13,"offices":1},{"filedOn":"2023-04-11","regulatoryAum":628859540,"clients":15,"employees":19,"offices":1},{"filedOn":"2024-03-30","regulatoryAum":782249094,"clients":19,"employees":20,"offices":1},{"filedOn":"2025-03-29","regulatoryAum":847663764,"clients":21,"employees":21,"offices":1},{"filedOn":"2026-06-26","regulatoryAum":1003867391,"clients":23,"employees":24,"offices":1}],"secFileNumber":"801-112357","legalName":"Lateral Investment Management, LLC","displayName":"Lateral Investment Management","slug":"lateral-investment-management-159649","website":"https://lateralim.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"HTTPS://WWW.LINKEDIN.COM/COMPANY/lateral-im","xUrl":"https://twitter.com/Lateralim","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"250 California Drive, Suite 301","city":"Burlingame","state":"CA","stateName":"California","country":"United States","postalCode":"94010"},"tradeNames":["Lateral Investment Management, LLC"],"registration":{"secApproved":"23 January 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":24,"advisory":13,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":1003867391,"discretionary":846860264,"discretionaryAccounts":14,"nonDiscretionary":157007127,"nonDiscretionaryAccounts":9,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":23,"regulatoryAum":1003867391}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Lateral Investment Management has custody of $1M in client assets for 23 clients.","otherCustodians":[],"leadership":[{"name":"David Lin","title":"Chief Financial Officer","crd":"5857252"},{"name":"Nicholas Frederick","title":"Chief Compliance Officer and Senior Counsel","crd":"5462814"},{"name":"Dhamitha De Silva","title":"Managing Member","crd":"5998887"},{"name":"Marie Hickey","title":"Managing Director of Operations and Deputy Compliance Officer","crd":"7720473"}],"ownership":[{"label":"Dhamitha De Silva","detail":"Managing member in the 75% or more ownership band and a control person, since October 2011."},{"label":"Marie Hickey","detail":"Managing director of operations and deputy compliance officer in the 10% to 25% ownership band and a control person, since February 2015."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"250 California Drive, Suite 301","city":"Burlingame","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"650-396-2200","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":18},"sources":{"adv1FilingDate":"26 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/159649/PDF/159649.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Lateral Investment Management have?","answer":"Lateral Investment Management has 23 clients and manages $1 billion for them, as of June 2026. They include 23 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lateral Investment Management offer?","answer":"Lateral Investment Management provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Lateral Investment Management have?","answer":"Lateral Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 24 employees, and 13 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lateral Investment Management?","answer":"Lateral Investment Management’s direct owners are Dhamitha De Silva (75% or more) and Marie Hickey (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lateral Investment Management get paid?","answer":"Lateral Investment Management is paid through a percentage of assets under management, performance-based fees and other compensation. Its Form ADV lists no commissions 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 Lateral Investment Management?","answer":"Lateral Investment Management’s main office is at 250 California Drive, Suite 301, Burlingame, CA 94010. Its phone number is 650-396-2200. Its website is lateralim.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."}