Lathrop Investment Management Corp

Lathrop Investment Management Corporation (LIMC) is an independent investment counseling firm established in 1981 by Gregory C. Lathrop. LIMC specializes in providing discretionary investment counseling to individuals, families, trusts, estates, retirement plans, businesses, and not-for-profit institutions. The firm maintains separately managed accounts for all clients, utilizing individual stocks, bonds, and cash to construct portfolios. LIMC primarily invests in U.S.-based companies with global operations, providing exposure to both domestic and international economies. The firm also offers manager-of-managers investment services for select clients. LIMC charges annual fees based on a percentage of assets under management, with a minimum annual fee per client of $5,000. Clients are billed quarterly in advance, and fees are prorated upon termination. The firm acts as a fiduciary, obligated to act in the client's best interest, providing prudent and loyal advice, and disclosing conflicts of interest. As of December 31, 2022, LIMC managed $781 million for approximately 202 client relationships. Clients have investment discretion, allowing LIMC to manage securities transactions on their behalf. The firm does not manage accounts with performance-based fees and provides investment advice to various clients, imposing a $5,000 minimum annual fee. LIMC's investment strategies involve fundamental analysis, diversification, and risk management to tailor portfolios to individual client needs. The firm's investment team, including CFA charterholders, collaborates to make informed investment decisions. LIMC's adherence to ethical standards and commitment to client interests are central to its business practices.