{
  "crd_number": 170324,
  "slug": "lewis-financial-llc-san-luis-obispo-ca-170324",
  "primary_business_name": "LEWIS FINANCIAL, LLC",
  "legal_name": "LEWIS FINANCIAL, LLC",
  "dbas": [],
  "city": "San Luis Obispo",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "42020",
  "metro": {
    "cbsa_code": "42020",
    "common_name": "San Luis Obispo",
    "msa_name": "San Luis Obispo-Paso Robles, CA",
    "path": "/advisors/ca/san-luis-obispo"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-06-10",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-02-25",
  "carried_forward": false,
  "raum_total": 133950000.0,
  "raum_discretionary": 133950000.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 42000000.0,
      "count": 195
    },
    "pension_profit_sharing": {
      "raum": 1500000.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 90000000.0,
      "count": 58
    },
    "corporations_other_businesses": {
      "raum": 450000.0,
      "count": 1
    }
  },
  "compensation_types": [
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA"
  ],
  "websites": [
    "https://lewisfinancialslo.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170324",
  "city_as_filed": "SAN LUIS OBISPO",
  "url": "https://advisorcensus.com/firm/lewis-financial-llc-san-luis-obispo-ca-170324",
  "display_name": "Lewis Financial, LLC",
  "summary": "Lewis Financial, LLC is an SEC-registered investment advisory firm in San Luis Obispo, CA, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 25, 2026.",
  "citation": "AdvisorCensus. Lewis Financial, LLC (CRD 170324): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Lewis Financial, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Lewis Financial, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges."
    },
    {
      "q": "How much does Lewis Financial, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 25, 2026 states: Up to $500,000: 1.25% a year; $500,001 to $5,000,000: 1% a year; Above $5,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Lewis Financial, LLC located?",
      "a": "Lewis Financial, LLC's principal office is in San Luis Obispo, CA, according to its Form ADV."
    },
    {
      "q": "Is Lewis Financial, LLC registered with the SEC or a state?",
      "a": "Lewis Financial, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 170324."
    },
    {
      "q": "How much does Lewis Financial, LLC manage?",
      "a": "Lewis Financial, LLC reports $133,950,000 in regulatory assets under management in its Form ADV filing dated February 25, 2026 (100% discretionary)."
    },
    {
      "q": "How have Lewis Financial, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Lewis Financial, LLC: Regulatory assets under management: $108,112,077 in the October 2025 data and $133,950,000 in the October 2026 data, up 24%. Total employees: 3 in October 2025 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Lewis Financial, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (195); high net worth individuals (58); pension and profit sharing plans (but not the plan participants or government pension plans) (1)."
    },
    {
      "q": "Which custodians does Lewis Financial, LLC use?",
      "a": "Lewis Financial, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Lewis Financial, LLC report any disciplinary disclosures?",
      "a": "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/170324"
    },
    {
      "q": "What changed in Lewis Financial, LLC's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $108,112,077 to $133,950,000 (+24%)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 108112077.0,
      "total_employees": 3,
      "filing_date": "2025-06-06"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 133950000.0,
      "total_employees": 3,
      "filing_date": "2026-02-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $108,112,077 to $133,950,000 (+24%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 25, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $500,000",
        "rate": "1.25%"
      },
      {
        "band": "$500,001 to $5,000,000",
        "rate": "1%"
      },
      {
        "band": "Above $5,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $500,000: 1.25% a year",
          "$500,001 to $5,000,000: 1% a year",
          "Above $5,000,000: see the brochure"
        ],
        "quotes": [
          "Household assets:\n• $0 -$500,000 - 1.25%\n• $500,001 – $5,000,000 - 1.00%\n• Above $5,000,000 – negotiable"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 500000.0,
          "rate_pct": 1.25
        },
        {
          "min": 500001.0,
          "max": 5000000.0,
          "rate_pct": 1.0
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Household assets:\n• $0 -$500,000 - 1.25%\n• $500,001 – $5,000,000 - 1.00%\n• Above $5,000,000 – negotiable"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/lewis-financial-llc-san-luis-obispo-ca-170324.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 195,
      "fewer_than_5": false,
      "raum": 42000000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 58,
      "fewer_than_5": false,
      "raum": 90000000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 1500000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 1,
      "fewer_than_5": false,
      "raum": 450000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170324",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}