Lewis Financial Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Lewis Financial Management reports 88 clients. They include 85 high-net-worth individuals and 3 individual clients. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $339M across 88 accounts are not. It advised 46 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 3% | <1% |
| High-net-worth individuals | 97% | 99% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 3 | $3.03M | 0.9% | $1.01M |
| High-net-worth individuals | 85 | $336M | 99.1% | $3.95M |
| Total | 88 | $339M | 100% | $3.85M |
- Clients
- 3
- Regulatory AUM
- $3.03M
- AUM share
- 0.9%
- Avg. per client
- $1.01M
- Clients
- 85
- Regulatory AUM
- $336M
- AUM share
- 99.1%
- Avg. per client
- $3.95M
Total
- Clients
- 88
- Regulatory AUM
- $339M
- AUM share
- 100%
- Avg. per client
- $3.85M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 46
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Lewis Financial Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Initial Fee for Financial Plan Database and Document
- Flat fee of $10,000 for building the financial planning database and writing the plan document.
- Initial Financial Advisory Consultation
- $250 per hour with a 3-hour minimum or as long as needed; an advice-only meeting.
Douglas Lewis owns 50% to 75% of Lewis Financial Management. The leadership team of Lewis Financial Management includes Chief Compliance Officer Douglas Lewis. It has 2 employees, 1 of them in advisory roles.
Leadership
- Douglas LewisManaging Member, Chief Compliance Officer
- Linda LewisMember
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Douglas Joel Lewis
- Linda Perez Lewis
- David Allen Nettesheim
Staff
- 2 employees
- 1 in advisory functions
- 2 state-registered reps
- 2 broker-dealer reps
- Owns 50% to 75% of Lewis Financial Management, LLC
Douglas Lewis
Control person · since October 2004
- Owns 50% to 75% of Lewis Financial Management, LLC
Linda Lewis
Control person · since February 2001
Lewis Financial Management’s regulatory assets fell from $393M (March 2021) to $339M (March 2026); clients fell from 142 to 88 and employees from 6 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $339M | 88 | 2 | 1 |
| March 2025 | $431M | 128 | 2 | 1 |
| March 2024 | $415M | 136 | 5 | 1 |
| March 2023 | $357M | 139 | 5 | 1 |
| March 2022 | $417M | 139 | 6 | 1 |
| March 2021 | $393M | 142 | 6 | 1 |
Besides its headquarters, Lewis Financial Management has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 1611 East Millbrook Road, RaleighHQ
Contact and registration details
- Legal name
- Lewis Financial Management, LLC
- Headquarters
- 1611 East Millbrook Road, Raleigh, NC 27609
- Website
- lfmadvisor.com
- Phone
- 919-872-7000
- SEC file
- 801-60666
- Founded
- 1984
- Structure
- North Carolina LLC
- Fiscal year end
- December
Lewis Financial Management uses American Funds Service ($262M) as custodian for its separately managed accounts. Lewis Financial Management does not have custody of client assets.
- American Funds ServiceAmerican Funds Service Company · Los Angeles, CA · $262M100%
At year end, Lewis Financial Management’s separately managed accounts were mostly in funds (99%).
What the accounts hold
- Funds99%
- Registered funds78%
- Pooled vehicles21%
- Cash1%
How many clients does Lewis Financial Management have?
Lewis Financial Management has 88 clients and manages $339 million for them, as of March 2026. They include 85 high-net-worth individuals and 3 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Lewis Financial Management offer?
Lewis Financial Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does Lewis Financial Management use?
Lewis Financial Management’s separately managed account assets are held at American Funds Service Company (Los Angeles, CA), with $262M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Lewis Financial Management have?
Lewis Financial Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 1 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 0 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 Lewis Financial Management invest in?
At the end of its last fiscal year, Lewis Financial Management’s separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 21% pooled vehicles (private funds and similar) and 1% 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 Lewis Financial Management?
Lewis Financial Management’s direct owners are Douglas Lewis (50% to 75%) and Linda Lewis (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Lewis Financial Management get paid?
Lewis Financial Management 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 Lewis Financial Management?
Lewis Financial Management’s main office is at 1611 East Millbrook Road, Raleigh, NC 27609. Its phone number is 919-872-7000. Its website is lfmadvisor.com.