Andrews, Lucia Wealth Management LLC

Andrews, Lucia Wealth Management LLC (ALWM) is a registered investment advisor established in 2004, managing over $496 million on a discretionary basis as of December 31, 2024. The firm specializes in managing investment portfolios for individuals, retirement plans, trusts, and small businesses. ALWM creates custom portfolios based on client objectives and risk profiles, utilizing primarily Exchange Traded Funds (ETFs) and no-load mutual funds, with a focus on passively managed asset class and index mutual funds, particularly those offered by Dimensional Fund Advisors (DFA). ALWM offers investment management services on a discretionary basis, with clients having the option to impose reasonable restrictions on investments. The firm also provides advisory services for participant-directed retirement plans, assisting in creating investment policy statements and recommending investment options. ALWM charges annual fees based on a percentage of assets under management, with a minimum account size of $400,000 for fixed income securities portfolios. The firm does not charge performance-based fees and does not vote proxies on behalf of clients. ALWM has a Code of Ethics in place and does not compensate for client referrals. Clients receive quarterly performance reports and have access to services through Charles Schwab & Company, Inc. and Fidelity Brokerage Services, LLC. ALWM has no financial commitments impairing its ability to meet client obligations and has not been involved in bankruptcy proceedings.