Lester Financial Group provides financial planning and portfolio management for individuals and small businesses.
Lester Financial Group reports 784 clients. They include 731 individual clients and 53 high-net-worth individuals. Of its assets, 100.0% ($399M across 1,118 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 93% | 76% |
| High-net-worth individuals | 7% | 24% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 731 | $303M | 76.0% | $414K |
| High-net-worth individuals | 53 | $95.7M | 24.0% | $1.8M |
| Total | 784 | $399M | 100% | $508K |
- Clients
- 731
- Regulatory AUM
- $303M
- AUM share
- 76.0%
- Avg. per client
- $414K
- Clients
- 53
- Regulatory AUM
- $95.7M
- AUM share
- 24.0%
- Avg. per client
- $1.8M
Total
- Clients
- 784
- Regulatory AUM
- $399M
- AUM share
- 100%
- Avg. per client
- $508K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Lester Financial Group charges up to 2.00% a year for its Asset Management. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning
- Financial planning is charged in arrears by hourly arrangement, at $100 to $500 per hour, or by fixed fee of $500 to $25,000 depending on the services provided.
Todd Lester owns 75% or more of Lester Financial Group. The leadership team of Lester Financial Group includes Chief Compliance Officer Anne Taylor. It has 5 employees, 4 of them in advisory roles.
Leadership
- Anne TaylorChief Compliance Officer
- Todd LesterManaging Principal
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
- Blake A Lester
- Todd Allen Lester
Staff
- 5 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 75% or more of Lester Financial Group, LLC
Todd Lester
Control person · since January 2022
Lester Financial Group’s regulatory assets grew 3.5× from $115M (July 2022) to $399M (February 2026); clients rose from 450 to 784 and employees from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $399M | 784 | 5 | 2 |
| March 2025 | $264M | 691 | 5 | 2 |
| February 2024 | $164M | 523 | 5 | 2 |
| March 2023 | $133M | 511 | 5 | 1 |
| July 2022 | $115M | 450 | 3 | 1 |
Besides its headquarters, Lester Financial Group has 1 office, with 2 listed addresses in Illinois and Indiana.
Illinois · 1 listed address
- 301 N. Neil St., Suite 400, ChampaignHQ
Indiana · 1 listed address
- 2901 Ohio BLVD Ste 114-8, Terre Haute
Other business names
Lester Financial Group has reported 1 other business name to the SEC.
- Ploeger & Associates Inc.
Contact and registration details
- Legal name
- Lester Financial Group, LLC
- Headquarters
- 301 N. Neil St., Suite 400, Champaign, IL 61820
- Website
- lesterfinancialgroup.com
- Phone
- 217-356-6533
- SEC file
- 801-122944
- Structure
- Illinois LLC
- Fiscal year end
- December
Lester Financial Group uses Fidelity ($268M) as custodian for its separately managed accounts. Lester Financial Group has custody of $238M in client assets for 496 clients.
- FidelityFidelity Investments · Boston, MA · $268M100%
At year end, Lester Financial Group’s separately managed accounts were mostly in funds (55%) and stocks (27%).
What the accounts hold
- Stocks27%
- Funds55%
- Cash18%
How many clients does Lester Financial Group have?
Lester Financial Group has 784 clients and manages $399 million for them, as of February 2026. They include 731 individual clients and 53 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Lester Financial Group offer?
Lester Financial Group provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Lester Financial Group charge?
Lester Financial Group charges up to 2.00% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Which custodians does Lester Financial Group use?
Lester Financial Group’s separately managed account assets are held at Fidelity Investments (Boston, MA), with $268M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Lester Financial Group have?
Lester Financial Group has 4 investment adviser representatives registered with state securities authorities, out of 5 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Lester Financial Group invest in?
At the end of its last fiscal year, Lester Financial Group’s separately managed accounts held 55% registered funds (mutual funds, ETFs, BDCs), 27% exchange-traded equities and 18% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lester Financial Group?
Lester Financial Group’s direct owner is Todd Lester (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Lester Financial Group get paid?
Lester Financial Group is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Lester Financial Group?
Lester Financial Group’s main office is at 301 N. Neil St., Suite 400, Champaign, IL 61820. Its phone number is 217-356-6533. Its website is lesterfinancialgroup.com.