Former Chief Operations Officer of First Allied Securities to Lead Lucia Capital Group’s Broker-Dealer Platform. Also Leads Transition Team for Newly Acquired Registered Investment Advisors.
SAN DIEGO, March 16, 2015 /PRNewswire/ — Lucia Capital Group (“the Firm”), a family of companies in the wealth advice, asset management, and investment distribution spaces, today named Tiy O’Neal President of Lucia Securities, LLC, the Firm’s broker-dealer platform, effective immediately. Ms. O’Neal – who most recently served as Chief Operations Officer of First Allied Securities, an independent broker-dealer – will report directly to Derek Bruton, CEO of Lucia Capital Group.
Derek Bruton, CEO of the Firm, said, “We are delighted to welcome Tiy O’Neal to Lucia Capital Group’s senior management team. Tiy is a widely recognized industry veteran and talented leader whose decades of achievements within the independent broker-dealer space make her the perfect addition to our rapidly expanding organization. The addition of Tiy to Lucia Capital Group’s leadership reflects our Firm’s growth trajectory. We are committed to building our Firm through organic growth, business acquisitions, and investment management distribution in order to become one of the leading financial services companies in the nation, and Tiy will play a vital role in this mission.”
In her new position, Tiy O’Neal will lead the day-to-day operations of Lucia Securities, LLC, which supports the commission-based work of the Firm’s twenty-seven financial advisors. In addition, Ms. O’Neal will play a senior role in the Firm’s client service efforts and lead its Transition Team, which works to integrate the Firm’s acquisitions of registered investment advisory firms.
Tiy O’Neal, President of Lucia Securities, LLC, said, “I have been familiar for many years with Lucia Capital Group and its unique value proposition within the industry, having worked extensively with Ray Lucia Jr. and the Firm when they were one of the top advisor groups at First Allied. I am excited to join forces with Lucia Capital Group as the Firm embarks upon a new chapter of accelerated growth under a strong leadership team, a talented and experienced group of advisors, and a formidable acquisition and distribution strategy.”
Prior to being Chief Operations Officer at First Allied Securities, where she worked for approximately twenty years, Ms. O’Neal held various senior executive roles within the financial services industry, serving as the President of both Western Securities Clearing Corp., a provider of clearing services to broker-dealers, and Tradewell Discount Investing, a provider of online investing capabilities to end clients and investment advisors.
About Lucia Capital Group
Headquartered in San Diego, California, Lucia Capital Group encompasses a family of companies across multiple lines of financial services businesses, including wealth advisory, asset management, investment platform, and product origination. Through its subsidiaries, Lucia Securities, LLC and Lucia Wealth Services, and its affiliate, Lucia Capital Management, the Firm offers wealth advisory services and a wide range of investment options. Through its subsidiaries and affiliates, Lucia Capital Group oversees approximately $2.0 billion in fee-based, brokerage, fixed insurance, and variable insurance assets. An affiliated partner company of the Firm’s asset management business, Lucia Capital Management, manages The Multi-Strategy Growth & Income Fund (NASDAQ: MSFDX). With offices and meeting locations nationwide, Lucia Capital Group is committed to helping clients achieve their financial goals. For more information, please visit www.luciacap.com.
As of December 31, 2014, client assets managed by Lucia Wealth Services totaled $261,807,874 in discretionary accounts and $273,006,546 in non-discretionary accounts. In addition, our investment advisor representatives, in their separate capacities as Lucia Securities, LLC registered representatives, oversee $1,254,292,705 of assets in non-discretionary, traditional commission-based accounts. All services provided through Lucia Securities, LLC are non-discretionary. Our investment advisor representatives, in their separate capacities as licensed insurance agents, oversee $146,666,905 in fixed-annuity products. As of December 31, 2014, Lucia Capital Management had $196,218,276 in discretionary assets under management.
Lucia Capital Group is the holding company for three wholly owned subsidiaries: Lucia Securities, LLC, a registered broker/dealer, member FINRA/SIPC; Lucia Wealth Services, a registered investment advisor; and Lucia Management Company.
Lucia Capital Management, an affiliate of Lucia Securities, LLC, is a registered investment advisor and is under common ownership and control with Lucia Capital Group.
First Allied Securities, Western Securities Clearing Corp., and Tradewell Discount Investing are not affiliated with the Lucia Capital Group family of companies.