Lucius Williamson
Lucius Williamson is a registered investment advisor at Bfc Planning, INC., based in Sacramento, CA, with 47 years of industry experience. Lucius operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Insurance Planning, Investment Management, and 3 more. Their firm serves 6,720 clients with $2B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
BFC Planning offers asset management services through various platforms. Fees are based on the amount of assets managed and can vary depending on the platform and the IAR. The maximum allowable fee is 2.5% annually. Fees may be charged in advance or arrears, monthly or quarterly. Clients may also incur charges from third parties, such as mutual fund expenses and IRA fees. Some platforms have minimum account sizes.
Platforms include:
- Berthel Edge
- BFC Advisory program
- American Funds Direct F-2 Share Class Program
- Institutional RIA Platform
- Variable Annuity/Variable Life Sponsors
- Envestnet’s Managed Account Solutions
- Sub-Advisory Platforms
- Held Away Accounts
Location
1111 Howe Avenue, Suite 530, Sacramento, CA, 95825-8549
Get directionsHistory
Regulatory History (1)
Customer Dispute
May 2017Other Business ActivitiesSells Insurance
Lucius is an insurance agent since 2008, selling insurance products including LTC and disability insurance, and is also involved with Williamson and Associates as an insurance specialist. He dedicates about half of his time to Williamson Financial Solutions for security and advisory services, and about 10-20% of his time to Williamson and Associates.
Employment History
Current Registrations
Bfc Planning, INC.
Berthel, Fisher & Company Financial Services, INC.Broker
Berthel Fisher & Company Financial Services, INC.
Previous Registrations
Ssn Advisory, INC.
Securities Service Network, INC.Broker
Linsco/private Ledger CORP.
Linsco/private Ledger CORP.Broker
Waddell & Reed, INC.
Waddell & Reed, INC.Broker
State Registrations16 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.