JW
Jeffery P. Wallem
LUCAS GROUP FINANCIAL ADVISORS
ROCKFORD, IL 61112
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CRD#: 2454400
JW
Professional summary
Jeffery Paul Wallem, CFP®, who also goes by Jeffery P Wallem, is a registered financial advisor currently at LUCAS GROUP FINANCIAL ADVISORS, LLC located in Rockford, Illinois.
Jeffery is registered as an IAR (Investment Advisor Representative) and started their career in finance in 1994. Jeffery has worked at 4 firms and has passed the Series 63, SIE, Series 7, Series 6 and Series 24 exams.
Question & Answer
Are you a "fiduciary"?
Yes
Aliases
Jeffery P Wallem
Other business activities
Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
1) WALLEM ASSOCIATES INC, 2424 CAIRNWELL DR., BELVIDERE IL 61008, 12/2007 AS PRESIDENT/AGENT OF SCORP SELLING LIFE INSURANCE PRODUCTS THROUGH INDEPENDENT INSURANCE COMPANIES. INV REL - 50 HR/WK - 32.5/TRADING. 2) CIRA, 1776 PLEASANT PLAIN RD, FAIRFIELD, IA, 4/2016 AS ADVISORY REP OF A RIA. INV REL - 100 HR/MO - 4/TRADING. 3) NIU ROCKFORD ALUMNI CLUB, DEKALB, IL, 1/1998 AS BOARD MEMBER. NIR - 5 HR/MO - 0/TRADING. 4) WALLEM ASSOCIATES INC, 2424 CAIRNWELL DR., BELVIDERE IL 61008, 12/2007. PRESIDENT, FINANCIAL PROFESSIONAL UTILIZING DBA NAME. INV REL - 200HR/MO - 132/MO TRADING.
CRS (Client Relationship Summary) - RIA
Click below to view Jeffery Paul Wallem's CRS (Customer Relationship Summary).
Certified licenses
Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
CFP®
Start date: 1998
Experience
Current
January 12, 2024 - Present
LUCAS GROUP FINANCIAL ADVISORS, LLC
Office #1: 1617 Temple Lane, Rockford, IL 61112RIA
CRD#: 326880
ROCKFORD, IL
Past
April 21, 2016 - January 12, 2024
CAMBRIDGE INVESTMENT RESEARCH ADVISORS, INC.
RIA
CRD#: 134139
Loves Park, IL
Past
April 21, 2016 - January 12, 2024
CAMBRIDGE INVESTMENT RESEARCH, INC.
BD
CRD#: 39543
Loves Park, IL
Past
October 1, 1997 - May 11, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
RIA
CRD#: 16164
ROCKFORD, IL
Past
February 28, 1994 - May 11, 2016
TRANSAMERICA FINANCIAL ADVISORS, LLC
BD
CRD#: 16164
ROCKFORD, IL
Primary Firm SEC Registration
This SEC-registered firm can serve clients nationwide. Some states may require the firm to submit a notice filing if the firm has more than 5 clients or a physical office there. You can view these state-level filings under the section titled "State Registrations and Notice Filings".
LG
LUCAS GROUP FINANCIAL ADVISORS, LLC
LUCAS GROUP FINANCIAL ADVISORS, LLC | WALLEM ASSOCIATES, INC.
CRD#: 326880 / SEC#: 801-131602
RIA
Registered Investment Advisory firm - (12/10/2024 Approved)Florida
Registered Investment Advisory firm - (12/18/2024 Terminated)Illinois
Registered Investment Advisory firm - (12/18/2024 Terminated)Wisconsin
Registered Investment Advisory firm - (12/18/2024 Terminated)State Registrations and Notice Filings
Listed states reflect where the advisor is authorized to serve clients under state regulations.
IAR
means the advisor is registered as an Investment Advisor Representative in this state and is authorized to provide investment advice to clients there.Highlighted states indicate IAR registrations
IAR
Florida(5/2/2024)
IAR
Illinois(1/12/2024)
IAR
Nebraska(11/10/2025)
IAR
New Hampshire(11/3/2025)
IAR
Wisconsin(1/17/2024)
Exams
State Security Law Exam
General Industry/Product Exam
General Industry/Product Exam
General Industry/Product Exam
Principal/Supervisory Exam
Current Firm
LG
LUCAS GROUP FINANCIAL ADVISORS, LLC
LUCAS GROUP FINANCIAL ADVISORS, LLC | WALLEM ASSOCIATES, INC.
CRD#: 326880 / SEC#: 801-131602
RIA
Registered Investment Advisory firm - (12/10/2024 Approved)Florida
Registered Investment Advisory firm - (12/18/2024 Terminated)Illinois
Registered Investment Advisory firm - (12/18/2024 Terminated)Wisconsin
Registered Investment Advisory firm - (12/18/2024 Terminated)Upgrade to AdvisorCheck Premium
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Contact information
Main Address
1753 S. West Avenue, Freeport, IL 61032
Mailing Address
Phone number
(815) 235-9610
Established
Firm type
Fiscal year end
# of Employees
9
SEC notice filing (6 States and Territories)
Regulatory assets under management
| Total Number of Accounts | 1,070 |
| AUM (Assets Under Management) | $ 324,751,300 |
Red Flags
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Company Information
LUCAS GROUP FINANCIAL ADVISORS, LLC
CRD#: 326880Rockford, IL 61112TRUST BUT VERIFY
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