<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-31-1997             
<PERIOD-START>                    JAN-01-1997             
<PERIOD-END>                      MAR-31-1997             
<EXCHANGE-RATE>                   1             
<CASH>                            7,367,187     
<SECURITIES>                      1,266,913     
<RECEIVABLES>                     2,014,298     
<ALLOWANCES>                      0             
<INVENTORY>                       0            
<CURRENT-ASSETS>                  10,406,786   
<PP&E>                            1,575,149    
<DEPRECIATION>                    81,230       
<TOTAL-ASSETS>                    16,272,775   
<CURRENT-LIABILITIES>             3,041,586    
<BONDS>                           0             
<PREFERRED-MANDATORY>             0             
<PREFERRED>                       0             
<COMMON>                          54,879             
<OTHER-SE>                        10,375,758             
<TOTAL-LIABILITY-AND-EQUITY>      16,272,775            
<SALES>                           0  
<TOTAL-REVENUES>                  4,623,365           
<CGS>                             0             
<TOTAL-COSTS>                     0            
<OTHER-EXPENSES>                  0            
<LOSS-PROVISION>                  0             
<INTEREST-EXPENSE>                0             
<INCOME-PRETAX>                   1,274,388            
<INCOME-TAX>                      523,329              
<INCOME-CONTINUING>               738,964            
<DISCONTINUED>                    0             
<EXTRAORDINARY>                   0             
<CHANGES>                         0             
<NET-INCOME>                      738,964           
<EPS-PRIMARY>                     .13             
<EPS-DILUTED>                     .13