Jeffery Wallem
Jeffery Wallem is a CFP-designated registered investment advisor at Lucas Group Financial Advisors, LLC, based in Rockford, IL, with 32 years of industry experience. Jeffery operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, Investment Management, Retirement Planning. Their firm serves 424 clients with $330M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1000K | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.70% |
| $4M+ | 0.60% |
Fees for variable annuity management and accounts held directly at American Funds differ from our standard fee schedule and are defined within the clients investment management agreement. Our fees for Nationwide, Jackson, and Lincoln annuity accounts will be a flat 1%. American Funds accounts will be defined in their own fee schedule. These fees reflect the investment restrictions and limitations present in those type of arrangements.
Fee Estimator
Location
1617 Temple Lane, Rockford, IL, 61112
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Lucas Group Financial Advisors, LLC
Previous Registrations
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Transamerica Financial Advisors, INC.
Transamerica Financial Advisors, INCBroker
State Registrations4 states
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