{"url":"https://nivawealth.com/firms/lester-financial-group-317036","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/317036","regulatoryAum":398589024,"crd":"317036","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6800852","suffix":null,"lastName":"Lester","firstName":"Blake","middleName":"A"},{"crd":"2619323","suffix":null,"lastName":"LESTER","firstName":"TODD","middleName":"ALLEN"}],"total":2,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2022-07-14","regulatoryAum":115000000,"clients":450,"employees":3,"offices":1},{"filedOn":"2023-03-19","regulatoryAum":133400000,"clients":511,"employees":5,"offices":1},{"filedOn":"2024-02-06","regulatoryAum":163725000,"clients":523,"employees":5,"offices":2},{"filedOn":"2025-03-17","regulatoryAum":264056030,"clients":691,"employees":5,"offices":2},{"filedOn":"2026-02-27","regulatoryAum":398589024,"clients":784,"employees":5,"offices":2}],"secFileNumber":"801-122944","legalName":"Lester Financial Group, LLC","displayName":"Lester Financial Group","slug":"lester-financial-group-317036","website":"https://lesterfinancialgroup.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/317036/127b2df5b998cecc-r1.webp","tone":"light","width":557,"height":200,"sourceUrl":"https://www.lesterfinancialgroup.com/","sourceLabel":"Lester Financial Group, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Illinois limited liability company","fiscalYearEnd":"December","headquarters":{"street":"301 N. Neil St., Suite 400","city":"Champaign","state":"IL","stateName":"Illinois","country":"United States","postalCode":"61820"},"tradeNames":["Ploeger & Associates Inc."],"registration":{"secApproved":"13 May 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":508404.36734693876,"staff":{"employees":5,"advisory":4,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":398589024,"discretionary":398589024,"discretionaryAccounts":1118,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":731,"regulatoryAum":302937784},{"label":"High-net-worth individuals","clients":53,"regulatoryAum":95651240}],"feePrograms":[{"role":"main","program":"Asset Management","feeBasis":"ceiling","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012819","versionId":1012819,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-27","documentName":"LFG ADV PART 2A","fee_rate_low":null,"fee_rate_high":2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012819","versionId":1012819,"submittedOn":"2026-02-27","documentName":"LFG ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:07:16.05345+00:00","documents":[{"name":"LFG ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012819","versionId":1012819,"submittedOn":"2026-02-27"}]},"custodians":[{"name":"Fidelity Investments","shortName":"Fidelity","location":"Boston, MA","smaAssets":267632000}],"custodyNote":"Lester Financial Group has custody of $238M in client assets for 496 clients.","otherCustodians":[],"leadership":[{"name":"Anne Taylor","title":"Chief Compliance Officer","crd":"5617630"},{"name":"Todd Lester","title":"Managing Principal","crd":"2619323"}],"ownership":[{"label":"Todd Lester","detail":"Managing principal in the 75% or more ownership band and a control person, since January 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"301 N. Neil St., Suite 400","city":"Champaign","headquarters":true}]},{"state":"Indiana","offices":1,"addresses":[{"street":"2901 Ohio BLVD Ste 114-8","city":"Terre Haute"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"217-356-6533","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":27},{"label":"Securities issued by registered investment companies or business development companies","percent":55},{"label":"Cash and cash equivalents","percent":18}],"privateFunds":0},"sources":{"adv1FilingDate":"27 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/317036/PDF/317036.pdf","brochureDate":"27 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1012819","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Lester Financial Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lester Financial Group offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Lester Financial Group charge?","answer":"Lester Financial Group charges up to 2.00% a year for its Asset Management. The fee is billed in arrears and is negotiable.","source":"LFG ADV PART 2A, filed 27 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Lester Financial Group use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lester Financial Group have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Lester Financial Group invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lester Financial Group?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lester Financial Group get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Lester Financial Group?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 27 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}