{"url":"https://nivawealth.com/firms/lucas-group-financial-planners-130163","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/130163","regulatoryAum":456454693,"crd":"130163","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4107233","suffix":null,"lastName":"HADLEY","firstName":"TODD","middleName":"ROYCE"},{"crd":"3166601","suffix":null,"lastName":"PAGE","firstName":"MATTHEW","middleName":"MAGUIRE"},{"crd":"7465154","suffix":null,"lastName":"Quintero Salazar","firstName":"Paola","middleName":"Montserrat"}],"total":3,"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":"2021-01-19","regulatoryAum":236609249,"clients":460,"employees":4,"offices":2},{"filedOn":"2022-01-14","regulatoryAum":290553262,"clients":426,"employees":5,"offices":2},{"filedOn":"2023-01-10","regulatoryAum":250199601,"clients":432,"employees":5,"offices":2},{"filedOn":"2024-01-23","regulatoryAum":327737902,"clients":462,"employees":3,"offices":2},{"filedOn":"2025-07-03","regulatoryAum":374733822,"clients":485,"employees":5,"offices":2},{"filedOn":"2026-08-19","regulatoryAum":456454693,"clients":956,"employees":6,"offices":2}],"secFileNumber":"801-112737","legalName":"Lucas Group Financial Planners, Inc.","displayName":"Lucas Group Financial Planners","slug":"lucas-group-financial-planners-130163","website":"https://truewavefinancial.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"California corporation","fiscalYearEnd":"December","headquarters":{"street":"1545 River Park Drive,, Suite 401","city":"Sacramento","state":"CA","stateName":"California","country":"United States","postalCode":"95815"},"tradeNames":[],"registration":{"secApproved":"2 April 2018","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":436139.76355748373,"staff":{"employees":6,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":456454693,"discretionary":424702050,"discretionaryAccounts":1175,"nonDiscretionary":31752643,"nonDiscretionaryAccounts":269,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":656,"regulatoryAum":110448069},{"label":"High-net-worth individuals","clients":266,"regulatoryAum":291672793},{"label":"Pension and profit-sharing plans","clients":27,"regulatoryAum":40223568},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":3127280},{"label":"Corporations and other businesses","clients":7,"regulatoryAum":10880958},{"label":"Other","clients":null,"fewerThan5":true,"regulatoryAum":102025}],"feePrograms":[{"role":"main","program":"Investment supervisory services (ISS) model fees","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055370","versionId":1055370,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-08-19","documentName":"FORM ADV PART 2A - FIRM BROCHURE","fee_rate_low":0.3,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":250000,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Fixed-fee financial planning","summary":"Financial planning is also charged as a fixed fee, typically ranging from $1,000 to $4,500, depending on the arrangement.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055370","versionId":1055370,"submittedOn":"2026-08-19","documentName":"FORM ADV PART 2A - FIRM BROCHURE"},{"role":"other","program":"Hourly financial planning","summary":"Financial planning is charged hourly, not to exceed $250 per hour, with an estimate of total hours provided at the start.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055370","versionId":1055370,"submittedOn":"2026-08-19","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T08:58:20.587112+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055370","versionId":1055370,"submittedOn":"2026-08-19"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":406644971}],"custodyNote":"Lucas Group Financial Planners does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Matthew Page","title":"Chief Compliance Officer","crd":"3166601"}],"ownership":[{"label":"Matthew Page","detail":"Shareholder in the 75% or more ownership band and a control person, since April 2016. Also chief compliance officer in the 75% or more ownership band and a control person, since February 2018."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"1545 River Park Drive,, Suite 401","city":"Sacramento","headquarters":true},{"street":"8300 Fair Oaks BLVD.","city":"Carmichael"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"916-921-9220","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Other"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"251-500","assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"U.S. government/agency bonds","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"19 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/130163/PDF/130163.pdf","brochureDate":"19 August 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1055370","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 Lucas Group Financial Planners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lucas Group Financial Planners offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Lucas Group Financial Planners charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Lucas Group Financial Planners use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lucas Group Financial Planners have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Lucas Group Financial Planners invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Lucas Group Financial Planners have a minimum investment?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Lucas Group Financial Planners?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lucas Group Financial Planners get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Lucas Group Financial Planners?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 19 August 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."}