The Leonard Financial Group, LLC

The Leonard Financial Group, LLC, based in Riverside, CA, was established in 2003. The firm specializes in financial planning, investment management, and consulting services. They offer financial planning services that include evaluating a client's financial state and providing a detailed financial plan to help achieve their goals. Investment management services involve continuous advice tailored to individual client needs, managed on a discretionary or non-discretionary basis. The firm's investment strategies include long-term purchases, short-term purchases, short sales, margin transactions, and option writing. The firm charges fees based on a percentage of assets under management, with a minimum annual fee of $1,800. Financial advisory and planning fees are determined based on the services provided and the client's circumstances. The firm does not charge performance-based fees. Clients have the option to open and maintain accounts without any minimum account size requirement. The firm acts as a fiduciary, putting clients' interests first. The firm's principals, Karl Leonard Hicks and Micki Hicks, have educational backgrounds and professional designations in finance and estate planning. They have no reportable disciplinary history. The firm does not engage in other financial industry activities or affiliations. Clients have investment discretion, allowing the firm to make trading decisions without prior client approval. The firm does not vote proxies on behalf of clients. The firm does not have custody of client accounts, and clients receive quarterly reports on account performance. The firm's employees adhere to a Code of Ethics and are supervised by Karl Leonard Hicks.