# Andrews, Lucia Wealth Management LLC

> Andrews, Lucia Wealth Management LLC is an SEC-registered investment advisory firm in Danville, CA, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 12, 2026.

- CRD: 130931
- Filed as: ANDREWS, LUCIA WEALTH MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Danville, CA
- Filing period: October 2026
- Form ADV filing dated: March 12, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/130931
- AdvisorCensus page: https://advisorcensus.com/firm/andrews-lucia-wealth-management-llc-danville-ca-130931

## Quick answers

**How is Andrews, Lucia Wealth Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Andrews, Lucia Wealth Management LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Andrews, Lucia Wealth Management LLC located?**
Andrews, Lucia Wealth Management LLC's principal office is in Danville, CA, according to its Form ADV; the September 2025 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Andrews, Lucia Wealth Management LLC registered with the SEC or a state?**
Andrews, Lucia Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 130931.

**How much does Andrews, Lucia Wealth Management LLC manage?**
Andrews, Lucia Wealth Management LLC reports $543,490,977 in regulatory assets under management in its Form ADV filing dated March 12, 2026 (100% discretionary).

**How have Andrews, Lucia Wealth Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Andrews, Lucia Wealth Management LLC: Regulatory assets under management: $337,633,049 in the October 2021 data and $543,490,977 in the October 2026 data, up 61%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Andrews, Lucia Wealth Management LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (118); individuals (other than high net worth individuals) (74); corporations or other businesses not listed above (5).

**Which custodians does Andrews, Lucia Wealth Management LLC use?**
Andrews, Lucia Wealth Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Andrews, Lucia Wealth Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/130931

**What changed in Andrews, Lucia Wealth Management LLC's recent Form ADV filings?**
In the January 2026 filing data: Employees performing advisory functions went from 2 to 1. No longer lists an office in San Mateo, CA. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- National Financial Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $543,490,977
- Discretionary: $543,490,977
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 74 | $32,151,149 |
| High net worth individuals | 118 | $503,781,430 |
| Corporations or other businesses not listed above | 5 | $7,558,398 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2006 (20 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, NV, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the September 2025 filing
- San Mateo, CA

### Websites listed on Form ADV (Item 1.I)
- luciawealth.com
- LinkedIn @LUCIAWEALTH
- X @ALWMLLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $337,633,049 | 2 | March 18, 2021 |
| October 2022 | $402,985,311 | 2 | March 22, 2022 |
| October 2023 | $387,616,631 | 2 | March 23, 2023 |
| October 2024 | $456,071,682 | 2 | March 18, 2024 |
| October 2025 | $496,806,127 | 2 | March 18, 2025 |
| October 2026 | $543,490,977 | 1 | March 12, 2026 |

Regulatory assets under management: $337,633,049 in the October 2021 data and $543,490,977 in the October 2026 data, up 61%.
Total employees: 2 in October 2021 and 1 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- Employees performing advisory functions went from 2 to 1.
- No longer lists an office in San Mateo, CA.
- Updated its list of owners and control persons (Schedule A).

### December 2025
- Registered or notice-filed in NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Andrews, Lucia Wealth Management LLC (CRD 130931): Form ADV filing data as of October 2026.