<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>                     US Dollars
       
                                
<PERIOD-TYPE>                      6-mos 
<FISCAL-YEAR-END>                  DEC-31-1998
<PERIOD-START>                     JAN-01-1998
<PERIOD-END>                       JUN-30-1998
<EXCHANGE-RATE>                    1
<CASH>                             8,115,995
<SECURITIES>                       1,484,535
<RECEIVABLES>                      1,646,867
<ALLOWANCES>                       0
<INVENTORY>                        0
<CURRENT-ASSETS>                   11,769,287
<PP&E>                             1,425,878
<DEPRECIATION>                     155,451
<TOTAL-ASSETS>                     16,577,423
<CURRENT-LIABILITIES>              3,394,839
<BONDS>                            0
<PREFERRED-MANDATORY>              0
<PREFERRED>                        0
<COMMON>                           54,879
<OTHER-SE>                         9,822,096
<TOTAL-LIABILITY-AND-EQUITY>       16,577,423
<SALES>                            0
<TOTAL-REVENUES>                   9,676,784
<CGS>                              0
<TOTAL-COSTS>                      0
<OTHER-EXPENSES>                   0
<LOSS-PROVISION>                   0
<INTEREST-EXPENSE>                 0
<INCOME-PRETAX>                    754,172 
<INCOME-TAX>                       339,068
<INCOME-CONTINUING>                407,034
<DISCONTINUED>                     0
<EXTRAORDINARY>                    0
<CHANGES>                          0
<NET-INCOME>                       407,034
<EPS-PRIMARY>                      .08
<EPS-DILUTED>                      .08