Lucas Group Financial Planners provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 251–500 clients last fiscal year.
Lucas Group Financial Planners reports 956 clients. They include 656 individual clients, 266 high-net-worth individuals, and 27 pension and profit-sharing plans. Of its assets, 93.0% ($425M across 1,175 accounts) are managed with discretion; $31.8M across 269 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 69% | 24% |
| High-net-worth individuals | 28% | 64% |
| Pension and profit-sharing plans | 3% | 9% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | <1% | 2% |
| Other client typesOther | Not reported | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 656 | $110M | 24.2% | $168K |
| High-net-worth individuals | 266 | $292M | 63.9% | $1.1M |
| Pension and profit-sharing plans | 27 | $40.2M | 8.8% | $1.49M |
| Charitable organizations | Fewer than 5 | $3.13M | 0.7% | — |
| Corporations and other businesses | 7 | $10.9M | 2.4% | $1.55M |
| Other | Fewer than 5 | $102K | 0.0% | — |
| Total | 956 | $456M | 100% | — |
- Clients
- 656
- Regulatory AUM
- $110M
- AUM share
- 24.2%
- Avg. per client
- $168K
- Clients
- 266
- Regulatory AUM
- $292M
- AUM share
- 63.9%
- Avg. per client
- $1.1M
- Clients
- 27
- Regulatory AUM
- $40.2M
- AUM share
- 8.8%
- Avg. per client
- $1.49M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.13M
- AUM share
- 0.7%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $10.9M
- AUM share
- 2.4%
- Avg. per client
- $1.55M
- Clients
- Fewer than 5
- Regulatory AUM
- $102K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 956
- Regulatory AUM
- $456M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 251–500
Lucas Group Financial Planners charges 0.30%–1.50% a year for its Investment supervisory services (ISS) model fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Fixed-fee financial planning
- Financial planning is also charged as a fixed fee, typically ranging from $1,000 to $4,500, depending on the arrangement.
- Hourly financial planning
- Financial planning is charged hourly, not to exceed $250 per hour, with an estimate of total hours provided at the start.
Matthew Page owns 75% or more of Lucas Group Financial Planners. The leadership team of Lucas Group Financial Planners includes Chief Compliance Officer Matthew Page. It has 6 employees, 3 of them in advisory roles.
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Lucas Group Financial Planners, Inc.
Matthew Page
Control person · since April 2016
Lucas Group Financial Planners’ regulatory assets grew 1.9× from $237M (January 2021) to $456M (August 2026); clients rose from 460 to 956 and employees from 4 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $456M | 956 | 6 | 2 |
| Jul 2025July 2025 | $375M | 485 | 5 | 2 |
| Jan 2024January 2024 | $328M | 462 | 3 | 2 |
| Jan 2023January 2023 | $250M | 432 | 5 | 2 |
| Jan 2022January 2022 | $291M | 426 | 5 | 2 |
| Jan 2021January 2021 | $237M | 460 | 4 | 2 |
Besides its headquarters, Lucas Group Financial Planners has 1 office, with 2 listed addresses in 1 state.
California · 2 listed addresses
- 1545 River Park Drive,, Suite 401, SacramentoHQ
- 8300 Fair Oaks BLVD., Carmichael
Contact and registration details
- Legal name
- Lucas Group Financial Planners, Inc.
- Headquarters
- 1545 River Park Drive,, Suite 401, Sacramento, CA 95815
- Website
- truewavefinancial.com
- Phone
- 916-921-9220
- SEC file
- 801-112737
- Structure
- California corporation
- Fiscal year end
- December
Lucas Group Financial Planners’ named custodian for separately managed accounts is Charles Schwab ($407M). Lucas Group Financial Planners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $407M100%
At year end, Lucas Group Financial Planners’ separately managed accounts were mostly in funds (91%).
What the accounts hold
- Stocks5%
- Funds91%
- Bonds4%
- Cash1%
How many clients does Lucas Group Financial Planners have?
Lucas Group Financial Planners has 956 clients and manages $456 million for them, as of August 2026. They include 656 individual clients, 266 high-net-worth individuals, and 27 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 August 2026
What services does Lucas Group Financial Planners offer?
Lucas Group Financial Planners provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Lucas Group Financial Planners charge?
Lucas Group Financial Planners charges 0.30%–1.50% a year for its Investment supervisory services (ISS) model fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
Source: FORM ADV PART 2A - FIRM BROCHURE, filed 19 August 2026
Which custodians does Lucas Group Financial Planners use?
Lucas Group Financial Planners’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $407M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 August 2026
How many financial advisors does Lucas Group Financial Planners have?
Lucas Group Financial Planners has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Lucas Group Financial Planners invest in?
At the end of its last fiscal year, Lucas Group Financial Planners’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 4% U.S. government and agency bonds 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
Does Lucas Group Financial Planners have a minimum investment?
Yes, Lucas Group Financial Planners’ minimum account size for its Investment supervisory services (ISS) model fees is $250K.
Source: FORM ADV PART 2A - FIRM BROCHURE, filed 19 August 2026
Who owns Lucas Group Financial Planners?
Lucas Group Financial Planners’ direct owner is Matthew Page (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 August 2026
How does Lucas Group Financial Planners get paid?
Lucas Group Financial Planners 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
How do I contact Lucas Group Financial Planners?
Lucas Group Financial Planners’ main office is at 1545 River Park Drive,, Suite 401, Sacramento, CA 95815. Its phone number is 916-921-9220. Its website is truewavefinancial.com.