Firm History and Ownership LIG Capital Management, LLC (LIGCM) is a SEC-registered investment adviser and is located in Oklahoma City, Oklahoma. LIGCM was founded in January, 2004.
The firm's principals are Michael J. Lorenzen, President, Christopher J. Lorenzen, Vice-President, and Mark R. Humphreys, Vice-President and Chief Compliance Officer. Stuart McCuan is a member of LIG Capital Management, LLC, each owning approximately 25% of the LLC.
For information about LIGCM's services, please contact any of the above listed principals at (405) 463- 3334.
The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "LIGCM," "we," "our," and "us" refer to LIG Capital Management, LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm.
Overview LIGCM offers investment management, investment advisory, and consulting services to individuals, small businesses & institutional investors. The company may from time to time publish a market update newsletter.
Investment Management Services include:
•Target Stock Stragegy •Core Discretionary Program
•ETF Allocation Program Investment Advisory & Consulting Services Include:
•Investment Advisory Services •Retirement Plan Consulting & Advice
•Investment Allocation Services •Other Advisory Services Investment Management Services The Target Stock Strategy, ETF Allocation Program, and Core Discretionary Program are discretionary fee-based investment portfolios. The Target Stock Strategy is an equity-based portfolio that we describe as employing "trend following with risk management techniques in an attempt to provide positive absolute returns consistent with preservation of capital". We use charting, fundamental and technical analyses to actively manage this portfolio. The ETF Allocation Program has the same return objective and uses similar methodologies while utilizing a wide range of Exchange Traded Funds (ETFs).
The Core Discretionary Program is a comprehensive discretionary investment management solution with objectives tailored to each client.
4 For all programs, LIGCM uses domestic (US) exchange-traded and over-the-counter equity securities as well as cash and equivalents (generally money market funds). For further information about our investment philosophy and investment process, please see Item 8 - Methods of Analysis, Investment Strategies and Risk of Loss. Investment Advisory & Consulting Services The Investment Advisory & Investment Allocation Services are generally non-discretionary fee-based advisory accounts, with portfolio advice based on the broad principles of Modern Portfolio Theory (MPT), asset allocation & diversification. Retirement Plan Consulting & Advice encompasses helping companies decide on an appropriate retirement plan for their business, finding & choosing a plan administrator (if the recommended plan requires one) and being available to advise enrolled employees on basic investment options, thus allowing them to then make informed investment decisions. Services to the Client (Plan sponsor) or Participants (employees of Client) can include:
•Retirement plan design consulting;
•Advice on selection of Third Party Administrator and/or custodian;
•Ongoing or on-demand liaison between plan provider, Third Party Administrator, and custodian; and,
•Participant education. Other Advisory Services can include historical portfolio valuations, tailored asset allocation advice, transfer

or registration services, or other contracted investment advisory services, billed hourly or by flat fee, including but not limited to:
•Asset allocation and diversification recommendations tailored to client's investment goals.
•Historical securities valuation, transfer and / or registration services.
•Other financial or investment advisory services. Other Information
•Target Stock, ETF & Core Discretionary accounts are managed on a discretionary basis. Client accounts are separately managed. Clients own the individual stocks and / or ETFs held in their account.
•Because we provide continuous asset management in our discretionary accounts, portfolios are regularly monitored. Where we use model portfolios, a change in the model portfolio leads to those changes being implemented in client accounts.
•Since individual securities have different risk profiles, they are only recommended to a client when consistent with the client's stated investment objective(s), risk tolerance, financial situation, and time horizon for investment.
•Our investment advice is not exclusive. We act as an adviser to other clients and may give advice and / or take action(s) for those clients different from the advice given to you as well as its timing and nature.
•We have no obligation to purchase or sell for your portfolio any security which the firm, its principals, or employees purchase or sell for themselves or for any other client(s).
•Transactions in a specific security may not be accomplished for all client accounts at the same time or at the same price.
•For detailed information on advisory services pricing, please see Item 5 - Fees & Compensation. 5 Wrap Fee Programs We do not participate in wrap fee programs. IRA Rollover Recommendations Effective December 20, 2021 (or such later date as the US Department of Labor ("DOL") Field Assistance Bulletin 2018-02 ceases to be in effect), for purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02") where applicable, we are providing the following acknowledgment to you. When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interest ahead of yours. Under this special rule's provisions, we must:
•Meet a professional standard of care when making investment recommendations (give prudent advice);
•Never put our financial interests ahead of yours when making recommendations (give loyal advice);
•Avoid misleading statements about conflicts of interest, fees, and investments;
•Follow policies and procedures designed to ensure that we give advice that is in your best interest;
•Charge no more than is reasonable for our services; and
•Give you basic information about conflicts of interest. We benefit financially from the rollover of your assets from a retirement account to an account that we manage or provide investment advice, because the assets increase our assets under management and, in turn, our advisory fees. As a fiduciary, we only recommend a rollover when we believe it is in your best interest.
Amount of Managed Assets As of December 31, 2023, we provide continuous management services for approximately $51,589,786 in client assets on a discretionary basis, and $97,105,805 in client assets on a non-discretionary basis.