Katherine A. Downing

LUCAS GROUP FINANCIAL ADVISORS

ROCKFORD, IL 61112

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CRD#: 6356441

Professional summary

Katherine Alicia Downing, CFP®, who also goes by Katherine Downing, Katherine Alicia Kleinmaier, Katherine Kleinmaier, is a registered financial advisor currently at LUCAS GROUP FINANCIAL ADVISORS, LLC located in Rockford, Illinois.

Katherine is registered as an IAR (Investment Advisor Representative) and started their career in finance in 2014. Katherine has worked at 4 firms and has passed the Series 66, SIE and Series 7 exams.

Question & Answer

Are you a "fiduciary"?

Yes

Aliases

Katherine Downing | Katherine Alicia Kleinmaier | Katherine Kleinmaier

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.

Name: Lucas Group Financial Advisors; Investment Related: Yes; Location: 1617 Temple Lane Rockford, IL, USA, 61112. Nature of Business: Life Insurance, Annuities; Title: Insurance Agent; Start Date: 8/2014. Time Spent: 1 Hour per week; -0- During Market Hours. Duties: Provide Insurance and Financial Services.

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Katherine Alicia Downing's CRS (Customer Relationship Summary).

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^®

Certified Financial Planner

Start date: 2019

Experience

Current

August 22, 2025 - Present

LUCAS GROUP FINANCIAL ADVISORS, LLC

Office #1: 1617 Temple Lane, Rockford, IL 61112

RIA

CRD#: 326880

ROCKFORD, IL

Past

March 2, 2018 - October 7, 2025

REGAL INVESTMENT ADVISORS LLC

RIA

CRD#: 125004

Rockford, IL

Past

March 2, 2018 - August 26, 2025

REGULUS FINANCIAL GROUP, LLC

CRD#: 150631

Rockford, IL

Past

January 8, 2015 - March 2, 2018

EQUITABLE ADVISORS, LLC

RIA

CRD#: 6627

OAK BROOK, IL

Past

August 20, 2014 - March 2, 2018

EQUITABLE ADVISORS, LLC

CRD#: 6627

OAK BROOK, 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".

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)

Why is a state registration marked "Terminated"? When a firm registers with the SEC (usually after managing $100M+ AUM), it often withdraws separate state firm registrations unless required by that state. The firm can still serve clients there through its individually registered Investment Advisor Representatives (IARs).

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
(9/22/2025)

IAR

Illinois
(8/22/2025)

IAR

Wisconsin
(8/22/2025)

Don't see your state listed? The advisor may still be able to work with you under the federal De Minimis Rule, which allows up to five investment advisory clients in a state without registration. Some states, like TX, LA, NE, and NH, may still require registration or notice filing. Contact the advisor or their firm to confirm their investment advisory availability in your state.

Exams

State Security Law Exam

IAR

Series 66

Date: 11/18/2014

Uniform Combined State Law Examination

General Industry/Product Exam

SIE

Date: 10/1/2018

Securities Industry Essentials Examination

General Industry/Product Exam

Series 7

Date: 8/20/2014

General Securities Representative Examination

Current Firm

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)

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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

SEC notice filing (6 States and Territories)

Documents

Customer Relationship Summary (CRS / SEC)

Latest Form ADV

Part 2 Brochures

WALLEM ASSOCIATES, INC. FORM ADV PART 2A (8/20/2025)

Regulatory assets under management

Total Number of Accounts	1,070
AUM (Assets Under Management)	$ 324,751,300

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.

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Advisor Monitoring

Firm Stability Insights

Katherine A. Downing

Professional summary

Question & Answer

Aliases

Other business activities

Blog Corner

CRS (Client Relationship Summary) - RIA

Click below to view Katherine Alicia Downing's CRS (Customer Relationship Summary).

Certified licenses

Experience

REGAL INVESTMENT ADVISORS LLC

REGULUS FINANCIAL GROUP, LLC

EQUITABLE ADVISORS, LLC

EQUITABLE ADVISORS, LLC

Primary Firm SEC Registration

LUCAS GROUP FINANCIAL ADVISORS, LLC

State Registrations and Notice Filings

Exams

Series 66

Date: 11/18/2014

SIE

Date: 10/1/2018

Series 7

Date: 8/20/2014

Current Firm

LUCAS GROUP FINANCIAL ADVISORS, LLC

Contact information

SEC notice filing (6 States and Territories)

Documents

Part 2 Brochures

Regulatory assets under management

Red Flags

Company Information

LUCAS GROUP FINANCIAL ADVISORS, LLC

TRUST BUT VERIFY

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