{"url":"https://nivawealth.com/firms/lonestar-registered-investment-advisors-144200","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/144200","regulatoryAum":336173599,"crd":"144200","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7211280","suffix":null,"lastName":"Blackmon","firstName":"Levi","middleName":"Aaron"},{"crd":"873782","suffix":null,"lastName":"BROWN","firstName":"TIMOTHY","middleName":"LEE"},{"crd":"8287186","suffix":null,"lastName":"Burnett","firstName":"Jaxon","middleName":"Riley"},{"crd":"5383809","suffix":null,"lastName":"BYERS","firstName":"MICHAEL","middleName":"JON"},{"crd":"7386703","suffix":null,"lastName":"Caraveo","firstName":"Christian","middleName":"Dean"},{"crd":"5692638","suffix":null,"lastName":"CHRISTOPHER","firstName":"STEPHEN","middleName":"JEFFREY"},{"crd":"8327719","suffix":null,"lastName":"Elzenberger","firstName":"Evan","middleName":"James"},{"crd":"6696103","suffix":null,"lastName":"Groom","firstName":"Mark","middleName":"Carl"},{"crd":"6761533","suffix":null,"lastName":"Rodriguez","firstName":"Rolando","middleName":"Z"},{"crd":"7968438","suffix":null,"lastName":"Scott","firstName":"Zachary","middleName":"Douglass"},{"crd":"2608122","suffix":null,"lastName":"TEMPLE","firstName":"STEVEN","middleName":"MICHAEL"},{"crd":"8083620","suffix":null,"lastName":"Wheeler","firstName":"Daniel","middleName":"Dale"}],"total":12,"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":"2024-04-10","regulatoryAum":0,"clients":0,"employees":3,"offices":17},{"filedOn":"2025-05-07","regulatoryAum":164222094,"clients":437,"employees":5,"offices":7},{"filedOn":"2026-09-28","regulatoryAum":336173599,"clients":1195,"employees":13,"offices":11}],"secFileNumber":"801-128569","legalName":"Lonestar Registered Investment Advisors, LLC","displayName":"Lonestar Registered Investment Advisors","slug":"lonestar-registered-investment-advisors-144200","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/lonestar-wealth-management","founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"10210 Frankford Ave, Suite 220","city":"Lubbock","state":"TX","stateName":"Texas","country":"United States","postalCode":"79424"},"tradeNames":[],"registration":{"secApproved":"11 August 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complexity.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055052","versionId":1055052,"submittedOn":"2026-08-17","documentName":"ADV PART 2A & 2B SEC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T09:15:44.956756+00:00","documents":[{"name":"ADV PART 2A & 2B SEC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055052","versionId":1055052,"submittedOn":"2026-08-17"}]},"custodians":[{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":3533762},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":336173299}],"custodyNote":"Lonestar Registered Investment Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Byers","title":"CCO","crd":"5383809"}],"ownership":[{"label":"Lonestar Intermediate Holding Company, LLC","detail":"Member in the 75% or more ownership band and a control person, since November 2025."},{"label":"Lonestar Holdco 2, Inc.","detail":"Indirect owner: a member of Lonestar Intermediate Holding Company, LLC in the 25% to 50% band and a control person, since November 2025.","parent":"Lonestar Intermediate Holding Company, LLC"},{"label":"Meraki Partner Holdings, LLC","detail":"Indirect owner: a member of Lonestar Intermediate Holding Company, LLC in the 25% to 50% band and a control person, since November 2025.","parent":"Lonestar Intermediate Holding Company, LLC"},{"label":"Lonestar Holdco 1, Inc.","detail":"Indirect owner: a member of Lonestar Intermediate Holding Company, LLC in the 25% to 50% band and a control person, since November 2025.","parent":"Lonestar Intermediate Holding Company, LLC"},{"label":"Michael Byers","detail":"Indirect owner: a owner of Lonestar Holdco 1, Inc. in the 75% or more band and a control person, since November 2025.","parent":"Lonestar Holdco 1, Inc."},{"label":"Mark Groom","detail":"Indirect owner: a owner of Lonestar Holdco 2, Inc. in the 75% or more band and a control person, since November 2025.","parent":"Lonestar Holdco 2, Inc."},{"label":"Meraki Private Equity, LLC","detail":"Indirect owner: a member of Meraki Partner Holdings, LLC in the 75% or more band and a control person, since October 2025.","parent":"Meraki Partner Holdings, LLC"},{"label":"Meraki Intermediate Holdings, LLC","detail":"Indirect owner: a member of Meraki Private Equity, LLC in the 75% or more band and a control person, since October 2025.","parent":"Meraki Private Equity, LLC"},{"label":"Meraki Holdings, LLC","detail":"Indirect owner: a member of Meraki Intermediate Holdings, LLC in the 75% or more band and a control person, since October 2025.","parent":"Meraki Intermediate Holdings, LLC"},{"label":"The Lucius Family Trust","detail":"Indirect owner: a member of Meraki Holdings, LLC in the 75% or more band and a control person, since October 2025.","parent":"Meraki Holdings, LLC"},{"label":"Tami Lucius","detail":"Indirect owner: trustee of The Lucius Family Trust and a control person, since October 2025.","parent":"The Lucius Family Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":10,"privateResidences":0},"listedOfficeAddresses":11,"foreignOffices":[],"officesByState":[{"state":"New Mexico","offices":1,"addresses":[{"street":"6501 Wyoming BLVD Ne","city":"Albuquerque"}]},{"state":"Ohio","offices":3,"addresses":[{"street":"21 Robin Hood Lane","city":"Troy"},{"street":"3210 Beaver Vu Drive","city":"Beavercreek"},{"street":"7536 Mentor Ave.","city":"Mentor"}]},{"state":"Texas","offices":7,"addresses":[{"street":"10210 Frankford Ave, Suite 220","city":"Lubbock","headquarters":true},{"street":"8700 Crownhill #206","city":"San Antonio"},{"street":"5049 Edwards Ranch Clearfork","city":"Fort Worth"},{"street":"2101 Citywest BLVD","city":"Houston"},{"street":"3300 N Interstate Hwy 35","city":"Austin"},{"street":"8700 Crownhill BLVD","city":"San Antonio"},{"street":"1601 Elm St","city":"Dallas"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"866-785-5350","stateRegisteredReps":13,"otherAdviserReps":8,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1000","assetMix":[{"label":"Exchange-traded equity securities","percent":29},{"label":"Securities issued by registered investment companies or business development companies","percent":51},{"label":"Other","percent":20,"detail":"Structured Notes"}],"privateFunds":0},"sources":{"adv1FilingDate":"28 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/144200/PDF/144200.pdf","brochureDate":"17 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055052","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 Lonestar Registered Investment Advisors have?","answer":"Lonestar Registered Investment Advisors has 1,195 clients and manages $336 million for them, as of September 2026. They include 1,146 individual clients, 48 high-net-worth individuals and 1 charitable organization.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lonestar Registered Investment Advisors offer?","answer":"Lonestar Registered Investment Advisors provides financial planning and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Lonestar Registered Investment Advisors use?","answer":"Lonestar Registered Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $336M and Fidelity Distributors Company LLC (Smithfield, RI), with $3.53M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lonestar Registered Investment Advisors have?","answer":"Lonestar Registered Investment Advisors has 13 investment adviser representatives registered with state securities authorities, out of 13 employees, and 13 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 12 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 Lonestar Registered Investment Advisors invest in?","answer":"At the end of its last fiscal year, Lonestar Registered Investment Advisors’ separately managed accounts held 51% registered funds (mutual funds, ETFs, BDCs), 29% exchange-traded equities and 20% other. The 20% other category is described as: Structured Notes.","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 Lonestar Registered Investment Advisors?","answer":"Lonestar Registered Investment Advisors is owned through a chain of holding companies by Michael Byers and Mark Groom. Its direct owner is Lonestar Intermediate Holding Company, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lonestar Registered Investment Advisors get paid?","answer":"Lonestar Registered Investment Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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 Lonestar Registered Investment Advisors?","answer":"Lonestar Registered Investment Advisors’ main office is at 10210 Frankford Ave, Suite 220, Lubbock, TX 79424. Its phone number is 866-785-5350.","source":"Form ADV Part 1A, Item 1.F, filed 28 September 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."}