The Alcala Law Firm is investigating claims about the sales practices of Ray Lucia, a San Diego, California, financial advisor and radio personality best known for his Buckets of Money (BOM) investing strategy. Raymond Lucia is the principal of RJL Wealth Management LLC (formerly Lucia Financial LLC). Recently, the Securities and Exchange Commission (SEC) filed a securities fraud lawsuit against Raymond Lucia and one of his former companies–Raymond J. Lucia Companies, Inc. According to the SEC’s lawsuit, Lucia made false and misleading representations regarding the history and performance of his BOM strategy.
Raymond Lucia is the author of three books on investing for retirement: “Buckets of Money: How to Retire in Comfort and Safety,” “Ready? Set? Retire!,” and “The Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life.”