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LM

Lucious F. Mcdonald

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CRD#: 4572884
LM

Professional summary


Being a previously registered professional could mean that this person is no longer operating under the supervision of the SEC or FINRA.

That means that the Securities and Exchange Commission may not be able to oversee the services that this specific professional is providing.

Lucious Franklin Mcdonald, who also goes by Lucious Franklyn Mcdonald, was a registered financial professional .

Lucious is a previously registered financial professional and started their career in finance in 2002. Lucious had worked at 4 firms and has passed the Series 65, Series 63, Series 7TO, SIE and Series 6 exams.

top-8-questions

Question & Answer


Are you a "fiduciary"?
No

Aliases


Lucious Franklyn Mcdonald

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.
LFM Financial Services, LLC~'NIR'~2591 Rt. 940 2nd Floor~Pocono Summit~PA~18346~Accounting Services/Tax Preparation~Owner~1/2/2018~160hrs~30hrs~Manage firm activities, marketing and help clients resolve income tax issues.|LFM Financial Services, LLC~'NIR'~2591 Route 940 2nd Floor~Pocono Summit~PA~18346~Accounting Services/Tax Preparation~Owner~1/1/2018~100hrs~0hrs~Prepare income taxes for individuals and businesses and provide bookkeeping and payroll services. Most of time is spent on preparing income taxes.|E L L Enterprises LLC~'NIR'~PO BOX 1154~Pocono Summit~PA~18346~Other~Other~3/25/2019~10hrs~10hrs~Payroll for employees and contractors. Business management responsibilities.|

Blog Corner


CRS (Client Relationship Summary)


The CRS(Customer Relationship Summary) document is not provided.

Certified licenses


Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience


Past

February 19, 2019 - December 1, 2022

AVANTAX ADVISORY SERVICES

RIA
CRD#: 104556
Pocono Summit, PA
Past

September 17, 2018 - December 1, 2022

AVANTAX INVESTMENT SERVICES, INC.

BD
CRD#: 13686
Pocono Summit, PA
Past

November 19, 2007 - December 15, 2009

WORLD INVESTMENTS, LLC

BD
CRD#: 20626
LINCROFT, NJ
Past

August 23, 2002 - December 31, 2004

PFS INVESTMENTS INC.

BD
CRD#: 10111
DULUTH, GA

State Registrations and Notice Filings


Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams


State Security Law Exam
IAR
Series 65
Date: 1/25/2019
Uniform Investment Adviser Law Examination
State Security Law Exam
General Industry/Product Exam
RR
Series 7TO
Date: 7/27/2019
General Securities Representative Examination
General Industry/Product Exam
General Industry/Product Exam

Current Firm


AA
AVANTAX ADVISORY SERVICES
1ST GLOBAL ADVISORY SERVICES | HD VEST ADVISORY SERVICES | H.D. VEST ADVISORY SERVICES, INC | AVANTAX WEALTH MANAGEMENT | AVANTAX ADVISORY SERVICES, INC. | AVANTAX ADVISORY SERVICES

CRD#: 104556 / SEC#: 801-29892

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Contact information


Main Address
3200 Olympus Blvd Suite 100, Dallas, TX 75019
Mailing Address
Phone number
(972) 870-6000
Established
Firm type
Fiscal year end
# of Employees
2,278

Documents


Latest Form ADV

Part 2 Brochures

FORM ADV 2A FIRM BROCHURE (3/31/2025)

Regulatory assets under management


Total Number of Accounts140,306
AUM (Assets Under Management)$ 46,109,939,749

Accountant surprise examination report


Filing DateForm ADV-E CoverForm ADV-E Report
12/13/2024
Cover Page
11/28/2023
12/16/2022

Red Flags


Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information


AVANTAX ADVISORY SERVICES

CRD#: 104556

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