Drew Payne is a registered investment advisor at Lukas Total Wealth, based in North Little Rock, AR, with 5 years of industry experience. Drew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Financial Planning & Coaching, Insurance Planning, Retirement Planning, and 1 more. Their firm serves 381 clients with $100M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Lukas Total Wealth does not directly manage investments. Instead, they refer clients to other investment advisors. Here's how those fees work:
- Betterment: 1.00% annually (0.75% to Lukas Total Wealth, 0.25% to Betterment)
- GeoWealth: Tiered fees ranging from 0.10% to 1.95% annually, plus a $12 monthly technology fee. This fee covers Lukas Total Wealth, GeoWealth, and any model providers.
- AE Wealth Management: Tiered fees ranging from 0.10% to 1.95% annually. This fee covers Lukas Total Wealth, AE Wealth Management, and any model providers.
- The Pacific Financial Group (TPFG): 1.95% annually (0.75% to Lukas Total Wealth, 1.25% advisory fee and 0.70% administrative fee to TPFG)
- Flourish Cash: 0.10% annually, deducted from the client's APY.
Location
9792 Maumelle Blvd, North Little Rock, AR, 72113
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Learn about disclosures →Employment History
Current Registrations
Lukas Total Wealth
Previous Registrations
Northwestern Mutual Investment Services, LLCBroker
State Registrations1 state
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