LMG Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, and insurance.
LMG Wealth Partners reports 361 clients. They include 223 individual clients, 107 high-net-worth individuals, and 22 corporations and other businesses. Of its assets, 98.2% ($669M across 1,347 accounts) are managed with discretion; $12.1M across 3 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 62% | 9% |
| High-net-worth individuals | 30% | 80% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | 2% | 4% |
| Corporations and other businesses | 6% | 7% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 223 | $62.3M | 9.1% | $279K |
| High-net-worth individuals | 107 | $546M | 80.2% | $5.1M |
| Pension and profit-sharing plans | Fewer than 5 | $3.21M | 0.5% | — |
| Charitable organizations | 9 | $25.2M | 3.7% | $2.8M |
| Corporations and other businesses | 22 | $44.4M | 6.5% | $2.02M |
| Total | 361 | $681M | 100% | — |
- Clients
- 223
- Regulatory AUM
- $62.3M
- AUM share
- 9.1%
- Avg. per client
- $279K
- Clients
- 107
- Regulatory AUM
- $546M
- AUM share
- 80.2%
- Avg. per client
- $5.1M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.21M
- AUM share
- 0.5%
- Avg. per client
- —
- Clients
- 9
- Regulatory AUM
- $25.2M
- AUM share
- 3.7%
- Avg. per client
- $2.8M
- Clients
- 22
- Regulatory AUM
- $44.4M
- AUM share
- 6.5%
- Avg. per client
- $2.02M
Total
- Clients
- 361
- Regulatory AUM
- $681M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
LMG Wealth Partners charges 0.50%–1.50% a year for its Investment Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Other Advisory Services
- Billed hourly at up to $300 per hour, or as a negotiated fixed fee with up to 50% invoiced on signing.
Leesure Time LLC owns 50% to 75% of LMG Wealth Partners and is in turn owned by Samuel Lees (75% or more). The leadership team of LMG Wealth Partners includes Chief Compliance Officer Vickie Chrisman. It has 4 employees, 3 of them in advisory roles.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of LMG Wealth Partners, LLC
Leesure Time LLC
Control person · since March 2022
- Owns 75% or more of Leesure Time LLC
Samuel Lees
Control person · since March 2022
- Owns 50% to 75% of LMG Wealth Partners, LLC
Catahoula Club LLC
Control person · since March 2022
- Owns 75% or more of Catahoula Club LLC
Jeffrey Monsour
Control person · since June 2020
LMG Wealth Partners’ regulatory assets grew 1.7× from $412M (July 2022) to $681M (August 2026); clients rose from 265 to 361 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $681M | 361 | 4 | 1 |
| May 2025May 2025 | $612M | 351 | 4 | 1 |
| Feb 2024February 2024 | $514M | 925 | 4 | 1 |
| Feb 2023February 2023 | $482M | 275 | 4 | 1 |
| Jul 2022July 2022 | $412M | 265 | 4 | 1 |
Besides its headquarters, LMG Wealth Partners has 0 offices, with 1 listed address in 1 state.
Louisiana · 1 listed address
- 9335 Ellerbe Road, ShreveportHQ
Contact and registration details
- Legal name
- LMG Wealth Partners, LLC
- Headquarters
- 9335 Ellerbe Road, Shreveport, LA 71106
- Website
- leesmonsourgroup.com
- Phone
- 318-506-8635
- SEC file
- 801-123403
- Founded
- 2022
- Structure
- Louisiana LLC
- Fiscal year end
- December
LMG Wealth Partners’ named custodian for separately managed accounts is Raymond James ($681M). LMG Wealth Partners has custody of $302M for 27 clients.
- Raymond JamesRaymond James & Associates, Inc. · St. Petersburg, FL · $681M100%
At year end, LMG Wealth Partners’ separately managed accounts were mostly in stocks (80%) and cash (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $626M across 166 positions; the largest are iShares TR (7.3%), Apple Inc. (3.0%) and iShares TR (3.0%).
What the accounts hold
- Stocks80%
- Funds3%
- Bonds3%
- State and local bonds2%
- U.S. government and agency bonds1%
- Cash14%
How many clients does LMG Wealth Partners have?
LMG Wealth Partners has 361 clients and manages $681 million for them, as of August 2026. They include 223 individual clients, 107 high-net-worth individuals, and 22 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 5 August 2026
What services does LMG Wealth Partners offer?
LMG Wealth Partners provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, education planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does LMG Wealth Partners charge?
LMG Wealth Partners charges 0.50%–1.50% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Source: LMG WEALTH DISCLOSURE BROCHURE, BROCHURE SUPPLEMENTS, AND PRIVACY POLICY, filed 10 February 2026
Which custodians does LMG Wealth Partners use?
LMG Wealth Partners’ separately managed account assets are held at Raymond James & Associates, Inc. (St. Petersburg, FL), with $681M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 5 August 2026
How many financial advisors does LMG Wealth Partners have?
LMG Wealth Partners has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 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 LMG Wealth Partners invest in?
At the end of its last fiscal year, LMG Wealth Partners’ separately managed accounts held 80% exchange-traded equities, 14% cash and equivalents, 3% registered funds (mutual funds, ETFs, BDCs), 2% state and local bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns LMG Wealth Partners?
LMG Wealth Partners is owned through holding companies by Samuel Lees and Jeffrey Monsour. Its direct owners are Leesure Time LLC (50% to 75%) and Catahoula Club LLC (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 5 August 2026
How does LMG Wealth Partners get paid?
LMG Wealth Partners is paid through a percentage of assets under management, 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 LMG Wealth Partners?
LMG Wealth Partners’ main office is at 9335 Ellerbe Road, Shreveport, LA 71106. Its phone number is 318-506-8635. Its website is leesmonsourgroup.com.