Data / Investment advisers / California / True Wave Financial Planners
True Wave Financial Planners, Sacramento, CA: $456 million AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
True Wave Financial Planners is an SEC registered investment adviser with its main office in Sacramento, California and reports $456 million in regulatory assets under management in its Form ADV filed August 19, 2026. Its clients include high net worth individuals, individuals and pension and profit sharing plans. It is paid through a percentage of assets under management, hourly charges and fixed fees.
The request: Watch True Wave Financial Planners (CRD number 130163): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 130163
- SEC file number
- 801-112737
- SEC status
- Approved, effective April 2, 2018
- Legal name
- Lucas Group Financial Planners, Inc.
- Main office
- 1545 River Park Drive, Suite 401, Sacramento, CA 95815
- Phone
- (916) 921-9220
- Website
- truewavefinancial.com
- Regulatory AUM
- $456,454,693 in the Form ADV filed August 19, 2026
- Discretionary AUM
- $424,702,050
- Non discretionary AUM
- $31,752,643
- Accounts
- 1,444
- Employees
- 6, of which 3 give investment advice
- Form of organization
- Corporation
- Paid through
- a percentage of assets under management, hourly charges, fixed fees, other fees
- Other offices
- 1
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- August 19, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 266 | $291.7 million |
| Individuals (other than high net worth individuals) | 656 | $110.4 million |
| Pension and profit sharing plans | 27 | $40.2 million |
| Corporations or other businesses | 7 | $10.9 million |
| Charitable organizations | Fewer than 5 | $3.1 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| February 2, 2026 | $456.5 million | January 23, 2026 |
| December 1, 2025 | $374.7 million | July 3, 2025 |
Other advisers in Sacramento
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| The Salvetti Group | Sacramento | $633.7 million | Not listed | adviserinfo.sec.gov |
| Towerpoint Wealth, LLC | Sacramento | $561.3 million | Not listed | adviserinfo.sec.gov |
| Adams Ashby Financial Advisors | Sacramento | $479.8 million | Not listed | adviserinfo.sec.gov |
| Boyd Wealth Management, LLC | Sacramento | $409.8 million | Not listed | adviserinfo.sec.gov |
| Avisen Advisors, LLC | Sacramento | $389 million | Not listed | adviserinfo.sec.gov |
| Tate Private Wealth Advisers | Sacramento | $293.4 million | Not listed | adviserinfo.sec.gov |
| Decamilla Capital Management LLC | Sacramento | $162.9 million | Not listed | adviserinfo.sec.gov |
| Every Securities LLC | Sacramento | $122.7 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in Sacramento, CA
- Investment advisers in California
- Advisers with $100 million to $500 million in AUM
- Advisers serving high net worth individuals
- Advisers serving individuals
- True Wave Financial Planners on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.