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
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
DevOps at Cloud Expo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo 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 to w...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.
SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Taica manufacturers Alpha-GEL brand silicone components and materials, which maintain outstanding performance over a wide temperature range -40C to +200C. For more information, visit http://www.taica.co.jp/english/.
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Organizations do not need a Big Data strategy; they need a business strategy that incorporates Big Data. Most organizations lack a road map for using Big Data to optimize key business processes, deliver a differentiated customer experience, or uncover new business opportunities. They do not understand what’s possible with respect to integrating Big Data into the business model.
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they b...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous a...