Welcome!

News Feed Item

Lucia Capital Group Appoints Derek Bruton CEO; Announces Robust Growth Plans For Family Of Companies Spanning Wealth Advice, Asset Management, And Investment Distribution

- Industry Veteran to Focus on Lucia Capital Group's Strategy for Growing Integrated Wealth Management Platform by Enhancing Advisor-Client Relationships, Building Advisor Succession Solutions and Cultivating Next Generation Advisor Talent -

SAN DIEGO, July 31, 2014 /PRNewswire/ -- Lucia Capital Group ("Lucia" or "the Firm"), a family of companies spanning complementary businesses in the wealth advice, asset management, and investment distribution spaces, today announced that Derek Bruton, former Managing Director of Independent Advisor Services at LPL Financial (NASDAQ: LPLA), has been named the Firm's Chief Executive Officer.  The Firm currently has over 70 employees and through its subsidiaries and affiliates oversees approximately $2.3 billion of client assets, as well as 16 branch office locations nationwide.

Mr. Bruton's appointment is a centerpiece of the Firm's next chapter of strategic growth, which is focused on aggressive expansion plans across multiple business lines.  In particular, Lucia Capital Group and its affiliates support two dozen W-2 employee advisors serving clients across the country through the Firm's retail Registered Investment Advisor. In addition, Lucia also runs the Bucket Strategy Advisor Network (BSAN) practice management platform, a coaching program for independent advisors affiliated with other independent broker-dealers and custodial platforms.  BSAN, which currently supports 50 independent advisors across the country, helps build simple and repeatable processes in sales and portfolio management utilizing Lucia's proprietary licensed software, as well as educational training, all based on The Bucket Strategy® approach.

Ray Lucia Jr., Chairman of Lucia Capital Group, said, "Derek represents a bold new generation of leadership for this company, which has always been about providing advisors and the clients they serve with an innovative, creative, and seamless set of strategies. He has a proven track record of growing companies of all sizes in our industry, and he possesses a vast array of knowledge across a number of areas crucial to our future plans, including acquisitions, business integration, and advisor relations. There's no question that Derek will be a pivotal asset to our firm, and I am delighted to welcome him to our team."

In his new role, Mr. Bruton will oversee Lucia's ecosystem of businesses, with an emphasis on addressing the needs of the Firm's advisors and end clients.  He will also play a key role in executing the Firm's strategic vision for the future along with other members of the Lucia Capital Group executive team, including Ray Lucia Jr. and Joe P. Lucia.

Growth plans include attracting new W-2 employee advisors to Lucia's Registered Investment Advisor firm; engaging in strategic "roll up" acquisitions of advisor teams that can be added to the Firm's Registered Investment Advisor, including through succession planning solutions for independent advisor teams; pursuing client-focused product origination opportunities; developing a wider following among independent advisors for the Firm's proprietary Bucket Strategy Advisor Network practice management platform; and providing the educational training and portfolio management tools for advisors to grow existing client relationships. These expansion plans are based on the Firm's current growth trajectory and aims to further establish Lucia Capital Group as an emerging and innovative leader within the financial services industry. 

Joe P. Lucia, President of Lucia Capital Group, said, "I am excited to work side by side with Derek as we commence this exciting next stage in the evolution of our firm and the businesses that comprise it.  For years, I have closely followed Derek's career, and I have been impressed not just by the professional success he has achieved at each step but at how he has been able to attract and grow talent everywhere he has been. Given the tools, resources, and investment platforms that Lucia Capital Group has cultivated over the years, we have every confidence that Derek is well positioned to generate considerable success here at our firm."

Derek Bruton, CEO of Lucia Capital Group, said, "Having started my career in the industry as a financial advisor nearly a quarter of a century ago, I have a passion for helping investors realize their hopes and dreams. I have had the very good fortune to work with the best and brightest minds in the business, including some of the most talented Registered Investment Advisors, financial advisors, and asset management firm executives in the space. Now it's time to harness what I have learned and return to my roots with this new role at Lucia Capital Group. I'm excited to begin the next stage of my career with a firm that is not only well positioned to capitalize on some of the biggest trends in the industry but nimble enough to allow me the opportunity to execute its strategic vision. I'm honored to team with Ray Jr., Joe, and the rest of the team at Lucia Capital Group. Together, I believe we will be building something that changes the face of the financial services industry."

About Lucia Capital Group

Headquartered in San Diego, California, Lucia Capital Group encompasses a family of companies across multiple lines of financial service businesses, including wealth advisory, asset management, investment platform, and product origination. Through its subsidiaries, Lucia Securities, LLC and RJL Wealth Management, LLC; and affiliate, RJL Capital Management, LLC, Lucia offers a range of investment solutions, as well as wealth advisory services. Lucia Capital Group oversees approximately $2.3 billion in fee-based, brokerage, fixed insurance and variable insurance assets. Through an affiliated partner company of the Firm's asset management business, RJL Capital Management, LLC, the Firm manages The Multi-Strategy Growth & Income Fund (NASDAQ: MSFDX). With offices and meeting locations nationwide, Lucia is committed to helping clients achieve their financial goals. For more information, please visit www.LuciaCapitalGroup.com

As of December 31, 2013, client assets managed by RJL Wealth Management, LLC totaled $201,404,083 in discretionary accounts and $189,786,886 in non-discretionary accounts. In addition, our investment advisor representatives, in their separate capacities as Lucia Securities, LLC registered representatives oversee $1,667,922,582 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 $193,874,441 in fixed-annuity products. As of December 31 2013, RJL Capital Management, LLC had $110,195,802 in discretionary assets under management.

RJL Holding Company, LLC (dba Lucia Capital Group) is the holding company for three wholly-owned subsidiaries: Lucia Securities, LLC, a registered broker/dealer, member FINRA/SIPC, RJL Wealth Management, LLC, a Registered Investment Advisor, and RJL Management Company.

RJL Capital Management, LLC, an affiliate of Lucia Securities, LLC, is a Registered Investment Advisor and is under common ownership and control with RJL Holding Company, LLC.

Media Contacts:
Michael Dugan / Chris Clemens
Haven Tower Group
206 420 3851 or 206 420 1525
[email protected] or [email protected]

SOURCE Lucia Capital Group

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DXWorldEXPO LLC announced today that ICC-USA, a computer systems integrator and server manufacturing company focused on developing products and product appliances, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City. ICC is a computer systems integrator and server manufacturing company focused on developing products and product appliances to meet a wide range of ...
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
Everyone wants the rainbow - reduced IT costs, scalability, continuity, flexibility, manageability, and innovation. But in order to get to that collaboration rainbow, you need the cloud! In this presentation, we'll cover three areas: First - the rainbow of benefits from cloud collaboration. There are many different reasons why more and more companies and institutions are moving to the cloud. Benefits include: cost savings (reducing on-prem infrastructure, reducing data center foot print, redu...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Founded in 2000, Chetu Inc. is a global provider of customized software development solutions and IT staff augmentation services for software technology providers. By providing clients with unparalleled niche technology expertise and industry experience, Chetu has become the premiere long-term, back-end software development partner for start-ups, SMBs, and Fortune 500 companies. Chetu is headquartered in Plantation, Florida, with thirteen offices throughout the U.S. and abroad.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
The technologies behind big data and cloud computing are converging quickly, offering businesses new capabilities for fast, easy, wide-ranging access to data. However, to capitalize on the cost-efficiencies and time-to-value opportunities of analytics in the cloud, big data and cloud technologies must be integrated and managed properly. Pythian's Director of Big Data and Data Science, Danil Zburivsky will explore: The main technology components and best practices being deployed to take advantage...
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Dynatrace is an application performance management software company with products for the information technology departments and digital business owners of medium and large businesses. Building the Future of Monitoring with Artificial Intelligence Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more busi...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
Today, we have more data to manage than ever. We also have better algorithms that help us access our data faster. Cloud is the driving force behind many of the data warehouse advancements we have enjoyed in recent years. But what are the best practices for storing data in the cloud for machine learning and data science applications?