Overview
Lester Financial Group, LLC (hereinafter called “LFG”) is a Registered Investment Adviser
based in Champaign, Illinois, and incorporated under the laws of the State of Illinois. LFG is
wholly owned by Todd Lester. LFG is registered with the SEC and subject to the rules and
regulations of the US Advisers Act. Founded in January 2022, LFG provides investment
advisory services, which may include, but are not limited to, the review of client investment
objectives and goals, recommending asset allocation strategies of managed assets among
investment products such as cash, stocks, mutual funds and bonds, annuities, and/or preparing
written investment strategies. Our investment advice is tailored to meet our clients’ needs and
investment objectives. Clients may impose restrictions on investing in certain securities or types
of securities (such as a product type, specific companies, specific sectors, etc.) by providing a
signed and dated written notification, of which an e-mail is also an acceptable form of
notification. LFG also provides financial planning consulting services including, but not limited
to, risk assessment/management, investment planning, estate planning, financial organization, or
financial decision making/negotiation.
LFG provides investment advisory and other financial services through its Investment Advisory
Representatives ("IAR") to accounts opened with LFG. Managed Accounts are available to
individuals and high net worth individuals.
LFG provides discretionary investment advisory services to some of its clients through various
managed account programs. LFG will assist clients in determining the suitability of the
Managed Account Programs for the client. The IAR is compensated through a comprehensive
single fee and the account may be assessed other charges associated with conducting a brokerage
business. LFG and its IAR, as appropriate, will be responsible for the following:
• Performing due diligence
• Recommending strategic asset and style allocations
• Providing research on investment product options, as needed
• Providing client risk profile questionnaire
• Obtaining investment advisory contract from client with required financial, risk tolerance,
suitability and investment vehicle selection information for each new account
• Performing client suitability check on account documentation, review the investment
objectives and evaluate the investment vehicle selections
• Providing Firm Brochure (this document)
As of March 13, 2023, the firm has Discretionary assets under management of $133,400,000 and
Non-discretionary assets under management of $0.
Form ADV, Part 2A, Item 5