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Lukas Total Wealth

Updated today

Client assets under management

$100,131,165

Clients

381

3% high-net worth

Advisors

5

of 5 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

76

High

Average account size

$262,811

About

Lukas Total Wealth provides investment advisory and financial planning services to individuals and high‑net‑worth clients, with a stated focus on those at or near retirement. The firm also sells fixed insurance products (including life insurance and fixed/indexed annuities) and may refer client assets to third‑party advisers for portfolio management.

LTW emphasizes tactical asset management to address sequence‑of‑returns risk for retirees and uses a mix of tactical, dynamic, and strategic equity styles implemented primarily through third‑party model portfolios. The firm generally limits investments to mutual funds, ETFs, fixed income (including TIPS), and insurance products, and implements strategies via platforms and sub‑advisers such as Betterment, GeoWealth, AE Wealth Management, and TPFG.

Distinctive elements in LTW’s brochure include a disclosed administrative order from the Arkansas securities regulator in 2016 that resulted in a conditional registration and a $5,000 fine related to account paperwork practices and an annuity recommendation, a disclosure event that is uncommon among peers. The firm also reports that commissions from insurance and precious metals sales are a primary income source, offers an online cash management program (Flourish Cash), and conducts educational seminars on topics such as Social Security — features that are less typical for similar team firms.

Client services

Financial planning Portfolio management Selection of other advisers Educational seminars or workshops

Expertise

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting

Demographic focus

Approaching retirement Retired

Fee options

Fixed

Fixed project-based financial planning fees, negotiated per client

Percentage

$0 - $500,000: 1.95% $500,001 - $1,000,000: 1.75% $1,000,001 - $3,000,000: 1.50% $3,000,001 - $5,000,000: 0.45% $5,000,001 - $10,000,000: 0.40% $10,000,001 - $15,000,000: 0.35% $15,000,001 - $20,000,000: 0.30% $20,000,001 - $25,000,000: 0.25% $25,000,001 - $50,000,000: 0.20% $50,000,000+: 0.10%

Commissions

Commissions on insurance products range from 1% to 10.5%; commissions on sale of gold/silver bullion

Project-based

$100 to $300 per hour, negotiated

Other

Fee-only: Hourly fees of $100 to $300 per hour; fixed project-based fees negotiated per client

Main office location

Lukas Total Wealth

9792 Maumelle Blvd

North Little Rock AR 72113, United States

Number of offices

1

Most active in

Arkansas · Louisiana · Texas

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

Scott S

Series 63, Series 65

North Little Rock, AR

Lukas Total Wealth

Scott Starkel is a financial advisor at Lukas Total Wealth with seven years of industry experience. He holds Series 63 and Series 65 licenses and has worked at David Lukas Financial since 2019. His prior experience includes roles at Northwestern Mutual Investment Services LLC, Todd Boswell, FIS Global, Teletech, and the USDA. Lukas Total Wealth provides investment advisory and financial planning services primarily to individuals and high-net-worth clients near retirement. The firm emphasizes tactical asset management to manage sequence-of-returns risk, utilizing a combination of tactical, dynamic, and strategic equity styles implemented mainly through third-party model portfolios.

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting Approaching retirement Retired
user avatar

Austin B

Series 63, Series 65

North Little Rock, AR

Lukas Total Wealth

Austin Boots is a financial advisor with Lukas Total Wealth in North Little Rock, AR, holding Series 63 and Series 65 licenses and nine years of industry experience. He has worked at David Lukas Financial, MML Investors Services, LLC, MassMutual Life Insurance, NYLIFE Securities LLC, and New York Life Insurance Company. Outside of his advisory role, he is president and owner of Boots Family LLC, a company established for compensation management and tax purposes, and he is also a licensed life, health, and disability insurance agent. Lukas Total Wealth serves individuals and high-net-worth clients, primarily those at or near retirement, offering investment advisory and financial planning services. The firm uses a mix of tactical, dynamic, and strategic equity styles through third-party model portfolios and generally limits investments to mutual funds, ETFs, fixed income, and insurance products.

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting Approaching retirement Retired
user avatar

Drew P

Series 63, Series 65

North Little Rock, AR

Lukas Total Wealth

Drew Payne is a financial advisor at Lukas Total Wealth with five years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Northwestern Mutual Wealth Management Company and Mackenzie Barnes. Outside of financial advising, he was involved with United Traitors Disc Golf LLC from 2020 to 2022. Lukas Total Wealth provides investment advisory and financial planning services primarily to individuals and high-net-worth clients near retirement. The firm focuses on tactical asset management to address sequence-of-returns risk and employs a mix of tactical, dynamic, and strategic equity styles through third-party model portfolios.

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting Approaching retirement Retired
user avatar

Devon A

Series 63, Series 65

North Little Rock, AR

Lukas Total Wealth

Devon Alpe is a financial advisor with Lukas Total Wealth in North Little Rock, AR, holding Series 63 and Series 65 licenses and three years of industry experience. His work history includes positions at Infinite Financial Solutions, Northwestern Mutual, and Mackenzie Barnes. Lukas Total Wealth serves individuals and high-net-worth clients, particularly those at or near retirement, offering investment advisory and financial planning services. The firm focuses on tactical asset management to address sequence-of-returns risk and utilizes third-party model portfolios and a range of investment products, including mutual funds, ETFs, fixed income, and insurance.

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting Approaching retirement Retired
user avatar

David L

Series 65

North Little Rock, AR

Lukas Total Wealth

David Lukas is a financial advisor at Lukas Total Wealth with 10 years of industry experience. He holds a Series 65 designation and has operated David Lukas Financial since 2012. Outside of his advisory role, he owns a tax preparation and planning service that coordinates with CPAs to facilitate tax returns. Lukas Total Wealth provides investment advisory and financial planning services primarily to individuals and high-net-worth clients near retirement. The firm focuses on tactical asset management to address sequence-of-returns risk, utilizing a combination of tactical, dynamic, and strategic equity styles implemented mainly through third-party model portfolios.

Annuities Social Security optimization College savings (529s, UTMA, etc.) Cash flow / budgeting Approaching retirement Retired
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