LMC Ventures

What LMC Ventures does

LMC Ventures is a wholly-owned division of L.M. Cohen & Company, LLP (operating as LMC), a New York City-based professional services firm founded in 2006 by Lee M. Cohen, CPA. The parent firm operates through an alternative practice structure — L.M. Cohen & Company, LLP delivering attest services and LMC Advisors LLC delivering non-attest services — and offers four integrated service lines: Audit & Assurance, Tax, CFO + Client Advisory Services, and Family Office. The LMC Ventures division specifically focuses on sourcing, analyzing, and sharing private market and alternative-asset investment opportunities with LMC's HNW clients and family offices, bridging investors with sponsors across private markets and real estate. The firm is vertically specialized in Artists & Art Galleries, Consumer Products (import/distribution), Real Estate & Construction, and High Net Worth / Family Office clients, supported by sub-brands including LMC Family Office Division, LM Mortgage Consulting and Advisory Services, and Trump Account advisory services.

Since 2023 LMC has been strategically invested in by Ascend, a platform backed by Alpine Investors, and has executed a rapid roll-up of complementary firms — Goldglit & Company (art market, Aug 2024), Vogel & Co. (HNW/family office, May 2024), and Stephen A. Kepniss & Associates (NJ tax/real estate, July 2025) — extending geographic reach into Connecticut, Florida, and New Jersey. The firm sits inside the IPA Top 200 (#143, advanced from #168), was ranked #16 on Accounting Today's Fastest Growing Firms 2026, and has received consecutive regional workplace awards from Crain's (4 years) and Forbes Best-In-State CPA recognition for its CEO. LMC operates primarily through direct partner-led relationship selling, campus recruiting, and referral networks in the New York metropolitan area, with multi-floor midtown Manhattan offices (1359 Broadway and 535 Fifth Avenue) and an integrated paperless technology stack enhanced with AI-driven financial analysis tools.

Name

LMC Ventures

Legal name

L.M. Cohen & Company, LLP

Website

https://lmcas.com

Company type

Private

Founded year

2006

Operating status

Operating

Short description

LMC Ventures is the investment opportunity sourcing division of LMC (L.M. Cohen & Company, LLP), a New York City-based CPA and advisory firm serving high-net-worth individuals, family offices, and closely-held businesses across art, real estate, consumer products, and professional services verticals.

Ownership category

akta.pro rank

Product category

Professional Accounting and Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

BDC / Public Vehicle Venture Debt Providers (FSANAIAC)

akta.pro secondary industry

Venture Capital Fund-of-Funds (FSANAGAC)

Keywords

• Accounting services
• Tax advisory
• Audit assurance
• Family office services
• CFO advisory

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. CFO + Client Advisory Services: Strategic financial guidance, process enhancement, M&A advisory, and financial reporting services for businesses and high-net-worth individuals. Delivered as ongoing advisory engagements.
2. Audit & Assurance: Financial statement compilations, reviews, and audits; forecasts and projections; operational analysis. Delivered as annual or periodic engagements.
3. Tax Services: Tax planning, preparation, compliance, structuring, controversy, and international tax services. Includes both recurring compliance and project-based planning engagements.
4. Family Office Services: Comprehensive financial management, operations, trust and estates, charity planning, and concierge services for high-net-worth families. Ongoing retainer relationships.
5. Mortgage Lending Services: Mortgage consulting and advisory services for clients covering residential and commercial transactions, provided through partnership with Lee Hamway's team.
6. LMC Ventures: Investment opportunity sourcing, analyzing, and sharing with clients - bridging gap between investors and sponsors.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

LMC Ventures is a division of LMC that sources, analyzes, and shares investment opportunities in private markets, real estate, and alternative assets with LMC clients, bridging investors and sponsors. As part of LMC, the broader firm delivers four core service lines: CFO + Client Advisory Services, Audit & Assurance, Tax Services, and Family Office Services, complemented by mortgage lending advisory through LM Mortgage Consulting and Advisory Services.

Product overview

LMC operates as a comprehensive professional services firm offering a unified suite of accounting, tax, and advisory services. The core portfolio consists of four integrated service lines: Audit & Assurance, Tax Services, CFO + Client Advisory Services, and Family Office. These are delivered alongside specialized sub-brands including LM Mortgage Consulting and Advisory Services (mortgage lending advisory), LMC Ventures (investment opportunity sourcing), and Trump Account Services (tax-advantaged children's savings account advisory). The firm has also recently integrated AI-enhanced analytical tools that augment its traditional audit and advisory services with predictive pattern recognition and benchmarking capabilities. All services are delivered through the L.M. Cohen & Company, LLP and LMC Advisors LLC alternative practice structure.

Differentiator

Problem solved

Functional benefit

Brands

• LMC: The primary brand name under which L.M. Cohen & Company, LLP and LMC Advisors LLC provide professional services including CFO advisory, audit, tax, and family office services.

Products and services

• CFO + Client Advisory Services

Quantifiable outcome

• Ranked #16 on Accounting Today's Fastest Growing Firms 2026
• +2 more outcomes

Named customers5 records

Segments8 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Stephen A. Kepniss & Associates, P.C.coreStrategic or Co-development Partner · 1 July 2025Tax advisory firm from Springfield, NJ has joined LMC. Integration strengthens capabilities in tax planning, real estate advisory, and high-net-worth financial strategy.
• Goldglit & Company LLPcoreStrategic or Co-development Partner · 1 August 2024Partnership with leading professional services firm for the art market. LMC-Goldglit partnership provides enhanced services to art industry clients.
• Vogel & Co.coreStrategic or Co-development Partner · 1 May 2024Partnership with independent business management and tax advisory firm with offices in Darien, CT and West Palm Beach, FL, specializing in family office services for high-net-worth clients.
• The Bespoke Banker (Matthew Salmon)coreStrategic or Co-development Partner · 28 November 2022Partnership for LMC Lending Services (LMCLS) division providing unique services to clients requiring assistance with lender relationships. Founder Matthew Salmon named to Most Influential Business Leaders in Finance Sector for 2023.
• Lee Hamway - Mortgage Lending ServicescoreStrategic or Co-development Partner · 18 December 2018Lee Hamway joined to provide mortgage lending services to clients. 20-year mortgage industry veteran bringing financing options covering residential and commercial transactions through extensive lender network.
• CPAmerica / Crowe GlobalminorStrategic or Co-development PartnerLMC is a member of CPAmerica, an accounting association of independent CPAs across the US. CPAmerica is a member of Crowe Global, a top-10 global accounting network with 286 firms in 130 countries.
• Needlers FoundationminorGTM or Marketing PartnerLMC is a sponsor of Needlers Foundation Annual Gala supporting sick and underprivileged children needing neurosurgical care.
• Big Brothers Big Sisters of NYCminorGTM or Marketing PartnerLMC is a sponsor of BBBS 28th Annual Accountants & Bankers Reception supporting mentoring programs.

Scale indicators6 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Withum: Large mid-size CPA firm formerly PE-backed by Carlyle, with comparable full-service offerings (audit, tax, advisory) and a tech-forward culture. Comparable in scale and breadth, and an instructive example of PE-backed CPA scaling.
• Friedman LLP: Mid-Atlantic-based mid-size CPA firm with comparable audit, tax, and advisory services for closely-held businesses and HNW clients. Comparable in size and regional focus, especially post-LMC's Kepniss integration.
• Citrin Cooperman: PE-backed (Foundation Capital Partners) mid-size CPA firm with comparable service mix and active M&A roll-up strategy. Directly comparable business model and stage, making it the most relevant strategic peer for LMC's PE-backed growth trajectory.
• Marks Paneth: NYC-based mid-size CPA and advisory firm serving closely-held businesses, real estate, and HNW clients. Comparable in geography, client mix, and service portfolio, though smaller scale.
• Wiss & Company: New Jersey / NYC mid-size CPA firm with comparable service lines and family office / HNW focus. Comparable in size and Northeast geographic footprint, particularly relevant given LMC's Kepniss integration in NJ.
• Grassi & Co. NYC-based mid-size CPA firm with comparable vertical specialization (real estate, construction, nonprofit, HNW) and similar industry-segmentation go-to-market. Closely comparable in size and target segments.
• Sax LLP: Mid-Atlantic-based mid-size CPA and advisory firm comparable in scale and target segments (closely-held businesses, HNW, family office). Comparable business model and PE-backed growth trajectory.
• Anchin, Sol & Co. NYC-based mid-size CPA and advisory firm with comparable service lines (audit, tax, advisory) and a similar high-net-worth and middle-market client mix. Closely comparable in scale, geography, and positioning within the top-tier regional CPA space.

Broad incumbents

• Marcum LLP: Larger national mid-size accounting firm with full-service offerings comparable to LMC. Larger scale and broader geographic reach, but overlapping on target client segments including HNW and family office.
• CohnReznick: Larger PE-backed (Charter Capital Partners) national accounting and advisory firm. Bigger scale than LMC but a directly comparable Ascend/Alpine-style roll-up model targeting middle-market and HNW clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/LMCAdvisors
• Facebookfacebook.com/lmcadvisorsllc
• LinkedInlinkedin.com/company/lm-cohen-&-company
• Instagraminstagram.com/lmcadvisorsllc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LMC Ventures