<ARTICLE>                     5
<LEGEND>
This schedule  contains summary  financial  information  extracted from SEC Form
10-Q and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK>                                          0001001540
<NAME>                               Lexington Global Asset Managers, Inc.
<MULTIPLIER>                                   1
<CURRENCY>                                     U.S. Dollars
       
                                            
<PERIOD-TYPE>                                  3-MOS
<FISCAL-YEAR-END>                              DEC-31-1996
<PERIOD-START>                                 JAN-01-1996
<PERIOD-END>                                   MAR-31-1996
<EXCHANGE-RATE>                                1
<CASH>                                         4,458,999
<SECURITIES>                                   1,084,703
<RECEIVABLES>                                  3,245,419
<ALLOWANCES>                                   0
<INVENTORY>                                    0
<CURRENT-ASSETS>                               8,120,204
<PP&E>                                         1,650,548
<DEPRECIATION>                                 113,093
<TOTAL-ASSETS>                                 14,281,748
<CURRENT-LIABILITIES>                          3,061,265
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       54,879
<OTHER-SE>                                     7,836,082
<TOTAL-LIABILITY-AND-EQUITY>                   14,281,748
<SALES>                                        0
<TOTAL-REVENUES>                               5,717,300
<CGS>                                          0
<TOTAL-COSTS>                                  0
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             0
<INCOME-PRETAX>                                761,987
<INCOME-TAX>                                   206,807
<INCOME-CONTINUING>                            543,940
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   543,940
<EPS-PRIMARY>                                  .10
<EPS-DILUTED>                                  .10