Lutz Financial Services, Llc
- Regulatory AUM
- $3.2B
- Discretionary
- $2.8B
- Clients
- 1,031
- Avg AUM / client
- $3.1M
- Accounts
- 2,689
- Employees
- 23
AUM over time
Annual snapshots from Form ADV filings · as of Jul 07, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 425 | $137M | 4.28% |
| High net worth individuals | 420 | $2.2B | 69.0% |
| Pension and profit sharing plans | 171 | $789M | 24.8% |
| Charitable organizations | Fewer than 5 clients | $29.6M | 0.93% |
| Corporations and other businesses | 15 | $31.5M | 0.99% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Paulsen, Inc. 401(k) Profit Sharing Plan Paulsen, Inc. | 2024 | |
| Milan Holdings Retirement Plan Milan Laser Holdings Llc | 2024 | |
| Lutz Financial Pooled Employer Plan Newport Group, Inc. | 2024 | |
| Schwabplan Retirement Savings And Investment Plan The Charles Schwab Corporation | 2024 |
People (16)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| James Paul Boulay | Managing Member & Chief Compliance Officer | CFP Personal Financial Specialist | Mar 2001 (25y) | 10% – 25% |
| Duren, Mark | Elected Manager | Aug 2001 (25y) | GP / trustee / elected manager of Ectart, Llc (indirect) | |
| Justin Bradley Vossen | Member | CFP | Feb 2008 (18y) | 5% – 10% |
| Joshua R Jenkins | Chief Investment Officer And Principal | CFA | Oct 2020 (6y) | Less than 5% |
| Nicholas Samuel Hall | Registered representative | CFP | Sep 2014 (12y) | |
| Joseph Ryan Hefflinger | Registered representative | CFP | Mar 2015 (11y) | |
| Christopher Michael Wagner | Registered representative | CFP | Oct 2016 (10y) | |
| Austin Lee Wells | Registered representative | CFP | Apr 2019 (7y) | |
| Joseph Daniel Carlson | Registered representative | CFP | Dec 2021 (5y) | |
| Thomas Aubrey Hodgson | Registered representative | CFP | Jul 2022 (4y) | |
| Adriane Linette Washburn | Registered representative | Jun 2024 (2y) | ||
| Alec Michael Johnston | Registered representative | CFA | Jul 2025 (1y) | |
| Shannon Rae Gohr | Registered representative | CFP | Jul 2025 (1y) | |
| Samuel James Bonebrake | Registered representative | CFP | Jul 2025 (1y) | |
| Landon Jaughn Sibole | Registered representative | CFP | Dec 2025 (1y) | |
| Ryan Ernest Schmidt | Registered representative | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Ectart, Llc | Member | Aug 2001 | A | 50% – 75% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (4)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Paulsen, Inc. 401(k) Profit Sharing Plan | Paulsen, Inc. | 220 | $13.1M | 04/01/2024 |
| Milan Holdings Retirement Plan | Milan Laser Holdings Llc | 1,810 | $26.7M | 01/01/2024 |
| Lutz Financial Pooled Employer Plan | Newport Group, Inc. | 4,855 | $369M | 01/01/2024 |
| Schwabplan Retirement Savings And Investment Plan | The Charles Schwab Corporation | 32,145 | $8.9B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/07/2026 | 1010 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Reported custodians
- Charles Schwab & Co. $2.4B (75% of AUM) Jul 2026
- Ascensus Broker Dealer Services, Llc $564M (18% of AUM) Jul 2026
- Newport Group Securities, Inc. $319M (14% of AUM) Jun 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 07, 2026.
View current Form ADV (SEC/IAPD) ↗