Lukas Total Wealth manages investment portfolios and provides financial planning and consulting services for individuals, particularly those at or near retirement. Lukas Total Wealth offers investment strategies through third-party platforms and money managers including Betterment, GeoWealth, and AE Wealth Management. In addition to investment management, Lukas Total Wealth provides advice on retirement planning, tax concerns, insurance products such as fixed and indexed annuities, and cash management solutions. The firm places an emphasis on tactical asset management strategies designed to mitigate large principal losses during market stress. Lukas Total Wealth also sells fixed insurance products and semi-numismatic gold and silver coins, which generates commission income for the firm and its principal owner, David Andrew Lukas.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.95% |
| $1.0M - $3.0M | 1.10% |
| $3.0M - $5.0M | 0.45% |
| $5.0M - $10.0M | 0.40% |
| $10.0M - $15.0M | 0.35% |
| $15.0M - $20.0M | 0.30% |
| $20.0M - $25.0M | 0.25% |
| $25.0M - $50.0M | 0.20% |
| $50M+ | 0.10% |
Schedule reflects GeoWealth and AE Wealth Management sub-advisory programs. Betterment program charges a flat 1.00% total fee (0.75% for Lukas Total Wealth, 0.25% for Betterment). TPFG manages 401(k) assets for a 1.95% total fee, paying Lukas Total Wealth 0.75%.