{"url":"https://nivawealth.com/firms/lns-operations-341913","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/341913","regulatoryAum":756604853,"crd":"341913","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7396980","suffix":null,"lastName":"Abel","firstName":"Andrew","middleName":"Gregory"},{"crd":"2380778","suffix":null,"lastName":"Ayotte","firstName":"Jack","middleName":"Joseph"},{"crd":"7653246","suffix":null,"lastName":"Christiansen","firstName":"Carl","middleName":"Dalsgaard"},{"crd":"3235430","suffix":null,"lastName":"LARSON","firstName":"ZACHARY","middleName":"ANDERS"},{"crd":"7330432","suffix":null,"lastName":"Mathey","firstName":"Michael","middleName":"William"},{"crd":"7509546","suffix":null,"lastName":"Morris","firstName":"Patrick","middleName":"James"},{"crd":"5522486","suffix":null,"lastName":"SCHATZ","firstName":"JACOB","middleName":null},{"crd":"3041860","suffix":null,"lastName":"SCHMIDT","firstName":"COREY","middleName":"JAMES"},{"crd":"7060005","suffix":null,"lastName":"Schmitt","firstName":"Joseph","middleName":"Thomas"},{"crd":"7174959","suffix":null,"lastName":"Vickrey","firstName":"Cole","middleName":"Allen"}],"total":10,"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"},"secFileNumber":"801-136284","legalName":"LNS Operations, LLC","displayName":"LNS Operations","slug":"lns-operations-341913","website":"https://intentgen.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/intentgen","founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1460 Bond St","city":"Naperville","state":"IL","stateName":"Illinois","country":"United States","postalCode":"60563"},"tradeNames":["Intentgen Financial Partners, LLC"],"registration":{"secApproved":"15 May 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1236914.1828665568,"staff":{"employees":16,"advisory":6,"brokerDealerReps":6,"insuranceAgents":0,"promoters":2},"aum":{"regulatory":756604853,"discretionary":650900681,"discretionaryAccounts":1718,"nonDiscretionary":105704172,"nonDiscretionaryAccounts":127,"wrapProgram":705578115,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":367,"regulatoryAum":613899263},{"label":"High-net-worth individuals","clients":240,"regulatoryAum":136907646},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":4004403},{"label":"Corporations and other businesses","clients":4,"fewerThan5":true,"regulatoryAum":1793541}],"feePrograms":[{"role":"main","program":"Asset management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057958","versionId":1057958,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-09-15","documentName":"FORM ADV PART 2A - FIRM BROCHURE","fee_rate_low":null,"fee_rate_high":2.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Flat fees based on scope and complexity, not to exceed $75,000 a year; waived for households with over $2,000,000 under management.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057958","versionId":1057958,"submittedOn":"2026-09-15","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:01:07.212899+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057958","versionId":1057958,"submittedOn":"2026-09-15"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057959","versionId":1057959,"submittedOn":null}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":743471882}],"custodyNote":"LNS Operations has custody of $359M in client assets for 272 clients.","leadership":[{"name":"Zachary Larson","title":"Co-Founder","crd":"3235430"},{"name":"Jacob Schatz","title":"Partner, CCO","crd":"5522486"},{"name":"Corey Schmidt","title":"Co-Founder","crd":"3041860"}],"ownership":[{"label":"Zachary Larson","detail":"Co-founder in the 25% to 50% ownership band and a control person, since May 2026."},{"label":"Corey Schmidt","detail":"Co-founder in the 25% to 50% ownership band and a control person, since May 2026."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"1460 Bond St","city":"Naperville","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"630-821-6990","stateRegisteredReps":6,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Commissions"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":65},{"label":"U.S. government/agency bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":28},{"label":"Cash and cash equivalents","percent":3},{"label":"Other","percent":1,"detail":"Short Term Certificates of Deposit"}],"privateFunds":0},"sources":{"adv1FilingDate":"15 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/341913/PDF/341913.pdf","brochureDate":"15 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1057958","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 LNS Operations have?","answer":"LNS Operations has 612 clients and manages $757 million for them, as of September 2026. They include 367 individual clients, 240 high-net-worth individuals, and 4 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 15 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does LNS Operations offer?","answer":"LNS Operations provides financial planning, portfolio management for individuals and small businesses, pension consulting, 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 LNS Operations charge?","answer":"LNS Operations charges up to 2.50% a year for its Asset management. The fee is billed in advance and is negotiable.","source":"FORM ADV PART 2A - FIRM BROCHURE, filed 15 September 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does LNS Operations use?","answer":"LNS Operations’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $743M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does LNS Operations have?","answer":"LNS Operations has 6 investment adviser representatives registered with state securities authorities, out of 16 employees, and 6 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 0 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 LNS Operations invest in?","answer":"At the end of its last fiscal year, LNS Operations’ separately managed accounts held 65% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs), 3% U.S. government and agency bonds, 3% cash and equivalents and 1% other. The 1% other category is described as: Short Term Certificates of Deposit.","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 LNS Operations?","answer":"LNS Operations’ direct owners are Zachary Larson and Corey Schmidt, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 15 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does LNS Operations get paid?","answer":"LNS Operations is paid through a percentage of assets under management, 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":"Is LNS Operations registered with the SEC?","answer":"Yes, LNS Operations has been registered with the SEC as an investment adviser since 15 May 2026. Its CRD number is 341913 and its SEC file number is 801-136284.","source":"Form ADV Part 1A, Item 1, filed 15 September 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact LNS Operations?","answer":"LNS Operations’ main office is at 1460 Bond St, Naperville, IL 60563. Its phone number is 630-821-6990. Its website is intentgen.com.","source":"Form ADV Part 1A, Item 1.F, filed 15 September 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."}