Lucas Group Financial Planners, Inc. (Sacramento)

Name: Lucas Group Financial Planners, Inc.
Address: 1545 River Park Drive,, Sacramento, CA, 95815
Telephone: 916-921-9220

Lucas Group Financial Planners, Inc. is a large advisory firm based in Sacramento. It manages $130.96 million of regulatory assets for 446 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of California.

Lucas Group Financial Planners provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lucas Group Financial Planners: assets under management

The assets under management (AUM) of Lucas Group Financial Planners, Inc. is $130.96 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130.96 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $293.64 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 88% of the total AUM. The second-largest asset type is exchange traded securities, which make up 8% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lucas Group Financial Planners, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lucas Group Financial Planners serves?

The firm provides services to individuals, high net worth individuals, and corporations or other businesses. The largest group of clients of Lucas Group Financial Planners is individuals with 398 clients and $69.75 million of assets under management. Among the 11 most similar advisory firms, Lucas Group Financial Planners has the 4th highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $130.96 million for 457 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Lucas Group Financial Planners doesn't advise any private funds.

Careers at Lucas Group Financial Planners, Inc.

The company employs 6 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Gregory Alan Lucas	President & ceo	1 Jan 2004	75% - 100%	712957
Matthew Maguire Page	Shareholder	1 Apr 2016	Other	3166601
Matthew Maguire Page	Cco	1 Feb 2018	Other	3166601

Based in Sacramento

The principal office where Lucas Group Financial Planners, Inc. performs its advisory services is located at 1545 River Park Drive,, Sacramento, CA 95815, which is also the mailing address of the firm. An additional office of the firm is in Carmichael, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 916-921-9220 or by fax 916-921-2625. The normal business hours are 8:00 a.m.-5:00 p.m. on Monday - Friday. You can find more information about the New York firm at lucasplanners.com.