Lucas Group Financial Advisors (LGFA) manages investment portfolios and provides financial planning services. LGFA works with clients to determine their investment objectives and risk profile, then designs a written investment policy. LGFA uses mutual funds and ETFs, and may include individual equity securities in certain situations. Financial planning services are offered either as part of investment management or as a separate service for a flat or hourly fee. LGFA also provides advisory services to employee retirement benefit plans and brokerage customers.
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.