{"url":"https://nivawealth.com/firms/the-lyme-timber-171953","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/171953","regulatoryAum":773865288,"crd":"171953","history":[{"filedOn":"2021-03-24","regulatoryAum":767969221,"clients":10,"employees":19,"offices":1},{"filedOn":"2022-04-05","regulatoryAum":952640991,"clients":10,"employees":15,"offices":1},{"filedOn":"2023-03-27","regulatoryAum":750361790,"clients":10,"employees":17,"offices":1},{"filedOn":"2024-03-15","regulatoryAum":738640908,"clients":10,"employees":18,"offices":1},{"filedOn":"2025-03-28","regulatoryAum":745166845,"clients":10,"employees":19,"offices":1},{"filedOn":"2026-03-23","regulatoryAum":773865288,"clients":11,"employees":18,"offices":1}],"secFileNumber":"801-80140","legalName":"The Lyme Timber Company LLC","displayName":"The Lyme Timber","slug":"the-lyme-timber-171953","website":"https://lymetimber.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/171953/cd6b17fa56af851e-r1.webp","tone":"light","width":744,"height":200,"sourceUrl":"https://lymetimber.com/","sourceLabel":"The Lyme Timber Company LLC, website"},"classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/the-lyme-timber-company","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"23 South Main Street, Suite 3a","city":"Hanover","state":"NH","stateName":"New Hampshire","country":"United States","postalCode":"03755"},"tradeNames":[],"registration":{"secApproved":"20 August 2014","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":18,"advisory":10,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":773865288,"discretionary":0,"discretionaryAccounts":0,"nonDiscretionary":773865288,"nonDiscretionaryAccounts":13,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":11,"regulatoryAum":674751914},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":35448300},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":63665074}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"The Lyme Timber has custody of $675M in client assets for 11 clients.","leadership":[{"name":"David Hoffer","title":"President, Managing Director, General Counsel","crd":"4666205"},{"name":"Jesse Phelps","title":"Chief Compliance Officer","crd":"8063209"},{"name":"James Hourdequin","title":"CEO, Managing Director","crd":"6374688"},{"name":"Sarah Kitz","title":"Managing Director","crd":"7703632"},{"name":"Thomas Morrow","title":"Managing Director","crd":"6374691"},{"name":"Sean Ross","title":"Managing Director","crd":"6912459"},{"name":"Peter Stein","title":"Managing Director","crd":"6374694"}],"ownership":[{"label":"David Hoffer","detail":"President, managing director, general counsel in the 10% to 25% ownership band and a control person, since July 2014."},{"label":"James Hourdequin","detail":"Ceo, managing director in the 25% to 50% ownership band and a control person, since May 2009."},{"label":"Thomas Morrow","detail":"Managing director in the 10% to 25% ownership band and a control person, since May 2009."},{"label":"Peter Stein","detail":"Managing director in the 5% to 10% ownership band and a control person, since May 2009."},{"label":"Sean Ross","detail":"Managing director in the 10% to 25% ownership band and a control person, since January 2018."},{"label":"Sarah Kitz","detail":"Managing director in the 10% to 25% ownership band and a control person, since January 2023."}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Hampshire","offices":1,"addresses":[{"street":"23 South Main Street, Suite 3a","city":"Hanover","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"603-643-3300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Other","percent":100,"detail":"Real Estate Holding Company"}],"privateFunds":0},"sources":{"adv1FilingDate":"23 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/171953/PDF/171953.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 The Lyme Timber have?","answer":"The Lyme Timber has 11 clients and manages $774 million for them, as of March 2026. They include 11 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does The Lyme Timber offer?","answer":"The Lyme Timber provides portfolio management for pooled vehicles and portfolio management for institutions.","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 The Lyme Timber have?","answer":"The Lyme Timber has 0 investment adviser representatives registered with state securities authorities, out of 18 employees, and 10 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":"What does The Lyme Timber invest in?","answer":"At the end of its last fiscal year, The Lyme Timber’s separately managed accounts held 100% other. The 100% other category is described as: Real Estate Holding Company.","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 The Lyme Timber?","answer":"The Lyme Timber’s direct owners are David Hoffer, James Hourdequin, Thomas Morrow, Peter Stein, Sean Ross and Sarah Kitz, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 23 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does The Lyme Timber get paid?","answer":"The Lyme Timber is paid through a percentage of assets under management, hourly charges, fixed fees, 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":"Is The Lyme Timber registered with the SEC?","answer":"Yes, The Lyme Timber has been registered with the SEC as an investment adviser since 20 August 2014. Its CRD number is 171953 and its SEC file number is 801-80140.","source":"Form ADV Part 1A, Item 1, filed 23 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact The Lyme Timber?","answer":"The Lyme Timber’s main office is at 23 South Main Street, Suite 3a, Hanover, NH 03755. Its phone number is 603-643-3300. Its website is lymetimber.com.","source":"Form ADV Part 1A, Item 1.F, filed 23 March 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."}