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TRUE WAVE FINANCIAL PLANNERS
Legal name: LUCAS GROUP FINANCIAL PLANNERS, INC.
CRD 130163File 801-112737
APPROVED
Retail clients
Filing as of Aug 19, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$456.5M
Above cohort median (national)
Discretionary AUM
$424.7M
Non-discretionary $31.8M
Clients
956
1,444 accounts
Employees
6
Below cohort median in CA
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- SFRO
- Registration date
- Apr 2, 2018
- Principal office
- 1545 RIVER PARK DRIVE,, SUITE 401, SACRAMENTO, CA, 95815
- Phone
- 916-921-9220
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $456.5M
- Discretionary AUM
- $424.7M
- Non-discretionary AUM
- $31.8M
- Discretionary accounts
- 1,175
- Non-discretionary accounts
- 269
- Total accounts
- 1,444
- AUM per client
- $477K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 7 | $10.9M |
| Charitable organizations | Fewer than 5 | $3.1M |
| High net worth individuals | 266 | $291.7M |
| Pension and profit sharing plans | 27 | $40.2M |
| Individuals (other than high net worth individuals) | 656 | $110.4M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Other
- Fixed fees
- Hourly charges
- Other (described) — PORTION OF FEES MANAGED BY THIRD-PARTY MONEY MANAGERS
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for other
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Feb 1, 2026 | Employees | 5 | 6 | increased by1 |
| Feb 1, 2026 | Clients | 485 | 956 | increased by471 |
| Feb 1, 2026 | AUM | $374,733,822 | $456,454,693 | increased by$81,720,871 |
| Feb 1, 2026 | Accounts | 1,110 | 1,444 | increased by334 |
| Dec 1, 2025 vs May 1, 2025 | Employees | 6 | 5 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 5 | 6 | increased by1 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 426 | 485 | increased by59 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $290,553,262 | $374,733,822 | increased by$84,180,560 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 766 | 1,110 | increased by344 |
| Feb 1, 2022 | Employees | 4 | 5 | increased by1 |
| Feb 1, 2022 | Clients | 460 | 426 | decreased by34 |
| Feb 1, 2022 | AUM | $236,609,249 | $290,553,262 | increased by$53,944,013 |
| Feb 1, 2022 | Accounts | 448 | 766 | increased by318 |
| Apr 1, 2021 | Registration | — | APPROVED |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “TRUE WAVE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“TRUE WAVE” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.