The synthetic approach to the new class of mesomorphous nanocomposite polymer systems was developed. It is based on the in situ reduction of silver ions in the liquid crystalline (LC) polymer matrix leading to the formation of nanoparticles with typical sizes in the range of 5-30 nm. The influence of silver nanoparticles on the phase state of the LC composites, i.e., type and temperature interval of the mesophase, was studied. Regardless of chemical structure of the LC polymer matrix, an increase in the metal concentration is accompanied by a decrease of clearing temperature due to adsorption of macromolecules on the nanoparticle's surface. In the case of an LC copolymer with cyanobiphenyl side mesogenic fragments, the complete disruption of mesophase is observed below 2 wt% content of silver. This phenomenon is, most likely, a result of chemosorption of terminal cyano groups on the nanoparticles with the formation of a complexes that disturb packing of the mesogenic units.