LCAM exists as a wholly owned RIA subsidiary of LendingClub with the controls, governance and infrastructure of a world class asset manager.
LendingClub was founded in 2007 with a mission to democratize investing in consumer credit, an opportunity previously limited to banks and some institutions. Through its peer-to-peer lending model, most investors could participate directly in the asset’s attractive, risk-adjusted returns for the first time.
Today, LendingClub continues to be the leader in the space. It’s grown to be America's largest online credit marketplace and has helped millions of borrowers take control of $28 billion of debt, and hundreds of thousands of investors directly access consumer credit for the first time.