Lewis Financial Management, LLC

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Client assets under management

$338,732,555

Clients

97% high-net worth

Advisors

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

Low

Average account size

$3,849,234

About

Lewis Financial Management serves individuals, couples, retirees, widows and small business owners with comprehensive financial planning and investment advice. The firm provides tailored plans covering cash flow, tax and estate planning and offers non‑discretionary portfolio recommendations across mutual funds, bonds, REITs and other alternative pooled investments.

The firm follows an orthodox Certified Financial Planner process, building a personalized database to produce a multi‑section written financial plan and then providing ongoing supervisory services, regular reports and periodic portfolio rebalancing. Clients retain final investment control—Lewis Financial Management does not accept discretionary trading authority and reviews accounts at least semi‑annually while sending monthly reporting.

What is noteworthy about the firm is the combination of a relatively small client roster and substantial assets under management held entirely on a non‑discretionary basis, resulting in materially higher AUM per advisor and per client than many peers. The firm also offers implementation through an affiliated broker‑dealer—receiving commissions and 12b‑1 fees on certain recommendations—and is operating under a strategic transition arrangement with another SEC‑registered adviser during an announced transition of its advisory business.

Client services

Financial planning Portfolio management

Expertise

Charitable giving & philanthropy Retirement income strategy Tax strategies for small businesses Real estate investing

Occupation focus

Retired Founder/Business Owner

Fee options

Fixed

Initial flat fee of $10,000 for financial plan document and database construction

Percentage

$0 - $1,500,000: 0.38% $1,500,001 - $2,500,000: 0.20% $2,500,001+: 0.15%

Commissions

Commissions up to 1% front-end and 0.25% 12b-1 fees on mutual funds; up to 7% commissions on direct investments; paid to registered representatives when implementing recommendations

Project-based

Initial Financial Advisory Consultation at $250 per hour with a 3-hour minimum

Other

Account minimum: $2,000,000 Minimum fee: Minimum quarterly fee of $1,675 for Comprehensive Financial Planning contracts executed after March 27, 2023 Fee-only: Initial flat fee of $10,000 for database construction and financial plan document, plus ongoing annual fees based on tiered AUM schedule

Main office location

Lewis Financial Management, LLC

1611 East Millbrook Road

Raleigh NC 27609, United States

Number of offices

Most active in

Florida · North Carolina · Texas

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 919-872-7000

Advisors at this firm

Douglas L

CFP®, Series 63

Raleigh, NC

Lewis Financial Management, LLC

Douglas Lewis is a CFP® professional with 44 years of industry experience. He has been with Lewis Financial Management, LLC since 1984 and is also affiliated with The Strategic Financial Alliance, Inc. Outside of his advisory work, he is a licensed life insurance agent. Lewis Financial Management serves individuals, couples, retirees, widows, and small business owners with personalized financial planning and investment advice. The firm emphasizes fundamental, research-based analysis and a long-term buy-and-hold investment approach, managing over $431 million on a non-discretionary basis with a focus on charitable tax planning and direct investment programs.

Charitable giving & philanthropy Retirement income strategy Tax strategies for small businesses Real estate investing Retired Founder/Business Owner

David N

Series 65

Raleigh, NC

Lewis Financial Management, LLC

David Nettesheim is a financial advisor at Lewis Financial Management, LLC in Raleigh, NC, holding a Series 65 credential with 10 years of industry experience. He has been with Lewis Financial Management since 2008. Lewis Financial Management provides personalized comprehensive financial planning and investment advice to individuals, couples, retirees, widows, and small business owners. The firm emphasizes fundamental, research-based analysis and a long-term buy-and-hold approach, offering non-discretionary advice with semi-annual portfolio reviews.

Charitable giving & philanthropy Retirement income strategy Tax strategies for small businesses Real estate investing Retired Founder/Business Owner

Linda L

Series 63, Series 65

Raleigh, NC

Lewis Financial Management, LLC

Linda Lewis is the sole advisor at Lewis Financial Management, LLC in Raleigh, NC, holding Series 63 and Series 65 licenses with 29 years of industry experience. She has worked at The Strategic Financial Alliance, Inc. since 2013 and has been with Lewis Financial Management since 1984. Outside of her advisory work, she hosts a radio program, "Money Matters with the Lewis Family," on WPTF AM 680, where she answers listener questions on various financial topics. Lewis Financial Management provides comprehensive financial planning and investment advice to individuals, couples, retirees, widows, and small business owners. The firm employs a research-based, long-term buy-and-hold investment approach with semi-annual portfolio reviews and focuses on non-discretionary advice tailored through a personalized financial planning database.

Charitable giving & philanthropy Retirement income strategy Tax strategies for small businesses Real estate investing Retired Founder/Business Owner

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