First Financial Group logo

First Financial Group

Updated today

Client assets under management

$316,961,802

Clients

378

24% high-net worth

Advisors

4

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

95

High

Average account size

$838,523

About

First Financial Group provides investment advice and planning to individuals, trusts, estates and business entities, serving both non‑high‑net‑worth and high‑net‑worth clients. The firm delivers portfolio management, portfolio consulting, and financial planning services and reports discretionary management of roughly $317 million across several hundred client relationships.

The firm customizes portfolios using fundamental and cyclical analysis and may implement strategies through firm model portfolios, sub‑advisors, or predefined strategies, offering both discretionary and non‑discretionary arrangements and ongoing monitoring and rebalancing. It also administers discretionary oversight of certain held‑away retirement assets via a third‑party web platform that allows the adviser to rebalance those accounts without taking custody.

Noteworthy features include a stated minimum account size of about $325,000 (subject to waiver) and multiple planning engagement formats — fixed‑fee plans, annual retainers, and hourly consulting — offered alongside asset‑based advisory services. The brochure also discloses that some associated persons are licensed insurance agents who may receive commissions for insurance sales, and that the firm generally does not vote proxies on clients’ behalf.

Client services

Financial planning Portfolio management Portfolio consulting

Expertise

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)

Fee options

Fixed

Broad-based financial planning fee of $3,500; Annual retainer fee of $4,000 payable quarterly in advance.

Percentage

$0 - $249,999: 2.00% $250,000 - $999,999: 1.50% $1,000,000+: 1.00%

Commissions

Insurance commissions earned by associated persons for selling insurance products separate from advisory fees.

Project-based

$500 per hour, subject to negotiation.

Other

Account minimum: $325,000

Main office location

First Financial Group

1100 Logger Ct, #B101

Raleigh NC 27609, United States

Number of offices

1

Most active in

California · Florida · North Carolina · South Carolina · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Deborah M

Series 65

Raleigh, NC

First Financial Group

Deborah Mcmanama is a financial advisor at First Financial Group in Raleigh, NC, holding a Series 65 designation with six years of industry experience. She has been with First Financial Group since 2011. First Financial Group serves individual investors, trusts, estates, and business entities, providing portfolio management, consulting, and financial planning services tailored to both non-high-net-worth and high-net-worth clients. The firm’s investment approach combines fundamental and cyclical analysis with customizable strategies, including discretionary management and the use of unaffiliated sub-advisors.

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)
user avatar

Tommy L

Series 65

Raleigh, NC

First Financial Group

Tommy Lewis is a financial advisor at First Financial Group in Raleigh, NC, holding a Series 65 designation with three years of industry experience. Prior to joining First Financial Group in 2022, he was affiliated with East Carolina University and Wakefield High School. First Financial Group serves individual investors, trusts, estates, and business entities, providing both discretionary and non-discretionary portfolio management along with financial planning services. The firm employs a client-driven investment approach that includes fundamental and cyclical analysis, customized portfolio construction, and ongoing monitoring.

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)
user avatar

Tommy L

ChFC®, Series 63, Series 65

Raleigh, NC

First Financial Group

Tommy Lewis is a financial advisor at First Financial Group in Raleigh, NC, holding a ChFC® designation along with Series 63 and Series 65 licenses. He has 24 years of industry experience and has been with First Financial Group since 2012, operating in a self-employed capacity with the firm since 1994. Outside of his advisory role, he serves on the Board of Trustees at East Carolina University and works as a boat captain and merchandise/music seller for Island Hopper Charters, LLC. First Financial Group serves individual investors, trusts, estates, and business entities, providing portfolio management, consulting, and financial planning services. The firm employs a client-driven, tailored investment approach that includes fundamental and cyclical analysis, with strategies ranging from long- and short-term to option writing and margin transactions.

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)
user avatar

Kurt U

Series 66

Raleigh, NC

First Financial Group

Kurt Underhill is a financial advisor with First Financial Group in Raleigh, NC, holding the Series 66 designation and bringing 22 years of industry experience. He has been with First Financial Group since 2012 and has also been involved with Mood Food Records, a record label, since 1994. First Financial Group serves individual investors, trusts, estates, and business entities, offering portfolio management and financial planning tailored to both non-high-net-worth and high-net-worth clients. The firm employs a client-driven investment process that includes fundamental and cyclical analysis, customized portfolios, and may utilize non-core strategies such as option writing and margin transactions.

Active portfolio management Options & derivatives strategies Retirement plans for business owners (SEP, solo 401k)
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