{
  "crd_number": 305002,
  "slug": "lgg-financial-bethesda-md-305002",
  "primary_business_name": "LGG FINANCIAL",
  "legal_name": "THE LUTS & GREENLEIGH GROUP, INC.",
  "dbas": [],
  "city": "Bethesda",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-09-12",
  "years_registered": 7,
  "period": "2026-10-01",
  "filing_date": "2026-07-17",
  "carried_forward": false,
  "raum_total": 563886399.0,
  "raum_discretionary": 563886399.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 3,
  "advisory_employees": 2,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1256881.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 36639979.0,
      "count": 89
    },
    "pension_profit_sharing": {
      "raum": 5738808.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 520250731.0,
      "count": 152
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "GA",
    "LA",
    "MA",
    "MD",
    "NC",
    "NH",
    "NJ",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://lggfinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/305002",
  "city_as_filed": "BETHESDA",
  "url": "https://advisorcensus.com/firm/lgg-financial-bethesda-md-305002",
  "display_name": "LGG Financial",
  "summary": "LGG Financial is an SEC-registered investment advisory firm in Bethesda, MD, registered since 2019, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated July 17, 2026.",
  "citation": "AdvisorCensus. LGG Financial (CRD 305002): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is LGG Financial compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), LGG Financial reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does LGG Financial's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated January 23, 2026 states: Asset-based fee: 0.85% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is LGG Financial located?",
      "a": "LGG Financial's principal office is in Bethesda, MD, according to its Form ADV."
    },
    {
      "q": "Is LGG Financial registered with the SEC or a state?",
      "a": "LGG Financial is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 305002."
    },
    {
      "q": "How much does LGG Financial manage?",
      "a": "LGG Financial reports $563,886,399 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary)."
    },
    {
      "q": "How have LGG Financial's assets and staff changed since 2021?",
      "a": "In the Form ADV data for LGG Financial: Regulatory assets under management: $426,363,010 in the October 2021 data and $563,886,399 in the October 2026 data, up 32%. Total employees: 3 in October 2021 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 LGG Financial serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (152); individuals (other than high net worth individuals) (89); pension and profit sharing plans (but not the plan participants or government pension plans) (9)."
    },
    {
      "q": "Which custodians does LGG Financial use?",
      "a": "LGG Financial's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does LGG Financial 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/305002"
    },
    {
      "q": "Does LGG Financial state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated January 23, 2026 says: \"LGG Financial generally does not impose a minimum relationship size, however certain Independent Managers may impose a minimum fee.\""
    },
    {
      "q": "What changed in LGG Financial's recent Form ADV filings?",
      "a": "In the December 2025 filing data: Registered or notice-filed in MA, SC."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 426363010.0,
      "total_employees": 3,
      "filing_date": "2021-09-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 474265235.0,
      "total_employees": 3,
      "filing_date": "2022-03-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 470895020.0,
      "total_employees": 3,
      "filing_date": "2023-02-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 492687287.0,
      "total_employees": 3,
      "filing_date": "2024-02-22"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 525238986.0,
      "total_employees": 3,
      "filing_date": "2025-02-27"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 563886399.0,
      "total_employees": 3,
      "filing_date": "2026-07-17"
    }
  ],
  "recent_changes": [
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in MA, SC."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated January 23, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.85% to 1.5% a year",
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.85% to 1.5% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Wealth management fees range from 0.85% to 1.50% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, the use of independent managers, and the overall relationship with the Advisor."
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "LGG Financial generally does not impose a minimum relationship size, however certain Independent Managers may impose a minimum fee."
        ]
      }
    ],
    "quotes": [
      "Wealth management fees range from 0.85% to 1.50% annually based on several factors, including: the complexity of the services to be provided, the level of assets to be managed, the use of independent managers, and the overall relationship with the Advisor.",
      "LGG Financial generally does not impose a minimum relationship size, however certain Independent Managers may impose a minimum fee."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/lgg-financial-bethesda-md-305002.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 89,
      "fewer_than_5": false,
      "raum": 36639979.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 152,
      "fewer_than_5": false,
      "raum": 520250731.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 5738808.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 1256881.0
    }
  ],
  "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/305002",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}