LCM Financial

Lewis Caldwell Mitchell, Inc. is a registered investment adviser organized as a corporation and formed in 2024 that provides financial planning, non‑discretionary portfolio advice, and pension consulting to plan sponsors, individuals, and other client types. The firm reports no assets under management and delivers advisory services on a non‑custodial, non‑discretionary basis.

Its engagement model centers on tailored advice and ongoing monitoring rather than discretionary trading: the firm collects client information to establish objectives, provides investment and portfolio recommendations, and conducts periodic reviews and reporting while execution is handled by the client’s chosen custodian. The firm’s pension consulting work is ERISA‑oriented and includes investment policy development, fund selection and monitoring, participant education, and fee analysis, and it may recommend third‑party advisers or alternative investments following due diligence.

Several features noted in the brochure are uncommon for investment managers: the firm discloses affiliations with a law practice and a tax/accounting practice, and indicates senior management devotes substantial professional time to those outside businesses, which the firm identifies as a potential conflict of interest. The firm also uses an hourly billing model for planning and portfolio services, contemplates formal selection/referral arrangements with other advisers, and emphasizes that it will not accept custody or exercise discretionary authority — characteristics that differentiate its operating model from many peers.