Consulting Articles > Consulting Firms > LCG Associates Firm Profile: Careers, Salary, and Interview Guide
Key Insights:
- The LCG Associates firm profile shows a boutique, employee-owned investment consulting firm founded in 1973 with offices in Atlanta, Dallas, and Seattle.
- LCG Associates careers include analyst and investment roles, offering mentorship, client exposure, and advancement in a close-knit environment.
- The LCG Associates internship is selective, rotational, and designed to provide hands-on training in investment consulting.
- The LCG Associates interview process is supportive and efficient, often completed in one day with recruiter and senior staff interviews.
- LCG Associates salary ranges from $55,000 for analysts to $114,000 for investment analysts, competitive within boutique consulting.
LCG Associates firm profile highlights a boutique investment consulting firm known for its employee-owned culture and client-first approach. With over 50 years of history, the firm offers unique opportunities through LCG Associates careers, including analyst and investment roles, as well as a selective LCG Associates internship program. Candidates often ask what LCG Associates does, how much it pays consultants, and what the interview process looks like. In this article, we will explore the firm’s history, services, career path, culture, and compensation to help you decide if LCG Associates is the right consulting fit.
What are the key stats about LCG Associates?
The LCG Associates firm profile shows an independent investment consulting firm founded in 1973, headquartered in Atlanta with offices in Dallas and Seattle. The firm employs about 36 professionals, generates around $19 million in revenue, and is led by CEO Edward F. Johnson under a 100 percent employee-owned model.
LCG Associates’ lean structure allows for personalized client service and close collaboration between consultants and leadership, reinforcing a culture of accountability and shared success.
Key stats include:
- Headquarters: Atlanta, Georgia
- Additional Offices: Dallas and Seattle
- Employees: 36 (approximate)
- Annual Revenue: $19 million
- Ownership: 100 percent employee-owned
- Chief Executive: Edward F. Johnson
For consulting candidates, these stats highlight LCG Associates as a boutique alternative to larger firms, offering a close-knit environment and direct client engagement.
What is the history of LCG Associates?
LCG Associates was founded in 1973 as an independent investment consulting firm and has remained 100 percent employee-owned throughout its history. Headquartered in Atlanta, the firm expanded with offices in Dallas and Seattle while maintaining its focus on asset allocation, manager selection, and fiduciary governance for institutional and private clients.
Over five decades, LCG Associates has built a reputation for stability and independence, positioning itself as one of the oldest investment consulting firms in the United States. Its employee-ownership structure has shaped a culture of accountability and client-first service.
Key milestones include:
- 1973: Firm founded in Atlanta, Georgia
- 1980s to 1990s: Expanded into broader institutional consulting services
- 2000s: Established offices in Dallas and Seattle
- Today: Recognized as one of the longest-standing independent consulting firms in finance
What careers does LCG Associates offer?
LCG Associates careers primarily focus on investment analyst and operational due diligence analyst roles, with opportunities to advance as the firm grows. The boutique size means fewer positions than larger consulting firms, but employees gain direct client exposure, mentorship, and the chance to work across multiple service areas.
The firm emphasizes developing well-rounded consultants who can contribute to both client-facing projects and internal research. While job openings vary year to year, analyst-level positions are the most common entry point.
Examples of career paths include:
- Investment Analyst
- Operational Due Diligence Analyst
- Senior Analyst (progression role)
- Leadership opportunities for long-term employees
For candidates, LCG Associates careers offer exposure to asset allocation modeling, manager selection, and portfolio risk analysis while working in a close-knit, collaborative environment.
Does LCG Associates offer internships?
Yes, the LCG Associates internship program is selective and designed to provide hands-on exposure to investment consulting. Interns typically rotate across service areas, gaining experience in asset allocation, fiduciary governance, and client reporting while working closely with senior consultants.
The program is most often targeted toward minority students or those with strong interest in investment and management consulting. Only one intern is usually hosted at a time, ensuring individualized mentorship and training.
Highlights of the internship program:
- Duration: 10 to 12 weeks
- Structure: Rotational across key service areas
- Focus: Mentorship, professional development, and applied learning
- Eligibility: Often targeted toward underrepresented groups in consulting
This makes the LCG Associates internship a valuable opportunity for students seeking early experience in investment consulting.
What does LCG Associates do and what are its practice areas?
LCG Associates focuses exclusively on investment consulting, offering services such as asset allocation modeling, manager selection, fiduciary governance, and portfolio risk analysis. The firm’s practice areas are designed to help institutional clients and family offices manage complex investment portfolios with tailored strategies.
Core practice areas include:
- Alternative investments
- Asset allocation modeling
- Asset/liability analysis
- Fiduciary governance and investment policy development
- ESG and socially responsible investing (SRI)
- LDI glidepath implementation
- Manager selection and vendor search
- Performance reporting and risk stress testing
By concentrating on these specialized areas, the LCG Associates firm profile stands out as a trusted advisor to endowments, foundations, healthcare organizations, and private wealth clients.
Which industries does LCG Associates serve?
LCG Associates serves a targeted set of industries within the investment consulting space, primarily working with institutional and private clients. Its portfolio includes endowments, family offices, healthcare organizations, and nuclear decommissioning trusts, reflecting the firm’s ability to advise clients with complex long-term investment needs.
Industries served:
- Endowments and foundations
- Family offices and private wealth
- Healthcare organizations
- Nuclear decommissioning trusts
The firm’s industry mix is intentionally narrow, allowing consultants to build deep expertise and develop customized strategies for clients with highly specific investment goals.
Where are LCG Associates’ office locations?
LCG Associates’ office locations include its headquarters in Atlanta, Georgia, along with offices in Dallas, Texas, and Seattle, Washington. These three offices support clients nationwide while maintaining the firm’s boutique and personalized approach to investment consulting.
Office locations:
- Atlanta, Georgia (headquarters)
- Dallas, Texas
- Seattle, Washington
For candidates, this geographic footprint highlights opportunities to work in diverse U.S. markets while benefiting from the firm’s close-knit, employee-owned culture.
What is the career path at LCG Associates?
The career path at LCG Associates typically begins at the analyst level, with opportunities to advance into senior roles and leadership positions over time. While the firm is smaller than large consulting firms, employees benefit from mentorship, broad exposure to projects, and faster responsibility growth.
Typical career progression:
- Investment Analyst (entry-level)
- Senior Analyst
- Associate or Manager-level responsibilities
- Director or Partner-level leadership roles
Because of the firm’s size, promotions often reflect individual performance and firm growth rather than rigid timelines, giving ambitious consultants room to advance.
What exit opportunities do LCG Associates consultants have?
Exit opportunities for LCG Associates consultants are strongest in investment management, asset allocation, and broader financial consulting roles. Alumni often transition into asset managers, family offices, or larger advisory firms, building on the diverse client experience and fiduciary training gained at LCG Associates.
Common exit paths include:
- Asset management firms
- Endowments and foundations
- Family offices and private wealth firms
- Larger financial advisory or consulting companies
These opportunities reflect the firm’s strong focus on investment consulting, making its alumni competitive across both finance and consulting career paths.
How does LCG Associates support diversity and inclusion?
LCG Associates supports diversity and inclusion through recruitment, retention, and leadership initiatives. Women and minorities make up nearly 40 percent of staff and shareholders, and over 65 percent of department heads. The firm also has a dedicated Diversity & Inclusion Committee to formalize policies and community engagement.
Key diversity initiatives:
- Inclusive hiring practices
- Employee engagement and retention programs
- Representation in leadership roles
- Diversity & Inclusion Committee oversight
These efforts demonstrate LCG Associates’ commitment to building a workplace culture that reflects its client-first and people-first values.
What is the culture like at LCG Associates?
The culture at LCG Associates is shaped by its employee-owned structure, client-first values, and emphasis on collaboration. Consultants work closely with clients and leadership, benefiting from a supportive environment that values respect, adaptability, and excellence.
Core cultural values:
- Clients first
- Respect for colleagues and clients
- Commitment to diversity and inclusion
- Pursuit of excellence
- Adaptability and long-term focus
For candidates, the LCG Associates culture offers the chance to thrive in a boutique environment while building strong client relationships and professional skills.
What is the interview process at LCG Associates?
The LCG Associates interview process is relatively quick compared to larger firms, often including an initial recruiter call followed by interviews with senior staff. Candidates are assessed on background, technical knowledge, and cultural fit, with interviews sometimes completed in a single day.
Typical interview stages:
- Initial 45-minute recruiter Zoom call
- Interviews with senior consultants and managers
- Discussion of role requirements and expectations
- Assessment of investment knowledge and problem-solving skills
Most applicants describe the process as professional and supportive, reflecting the firm’s collaborative culture.
How much does LCG Associates pay consultants?
LCG Associates salary ranges vary by role, with analysts earning between $55,000 and $85,000, while investment analysts average $63,000 to $114,000. These figures place the firm below Big 3 firms but competitive within boutique consulting. Salary data is drawn from Glassdoor and Indeed reports.
Reported compensation ranges:
- Analyst: $55,000 to $85,000
- Investment Analyst: $63,000 to $114,000
- Performance Analyst: About $85,000
For candidates, the LCG Associates salary structure reflects boutique scale but offers strong professional development and exit opportunities in finance and consulting.
Frequently Asked Questions
Q: What is LCG in finance?
A: In finance, LCG refers to LCG Associates, an employee-owned investment consulting firm specializing in asset allocation consulting, manager selection, and fiduciary governance for institutional clients.
Q: How much does an investment analyst make at LCG Associates?
A: An investment analyst at LCG Associates earns an average salary of about $55,000 to $114,000, competitive with other boutique consulting firms. LCG Associates salary levels vary by experience and role.
Q: What is the difference between an investment associate and an analyst?
A: The difference between an investment associate and an analyst lies in responsibility: analysts focus on research and modeling, while associates manage client relationships and lead project work within the consulting career path.
Q: Is it hard to get a job as an investment analyst?
A: It can be hard to get a job as an investment analyst because firms like LCG Associates value strong quantitative skills, finance knowledge, and internship experience, making the LCG Associates interview process competitive.
Q: Which investment firm pays the most?
A: The investment firm that pays the most varies by location and role, but top consulting and advisory firms such as McKinsey, Bain, and Accenture typically offer higher salaries than most boutique investment consulting firms.