LEICHT FINANCIAL PLANNING AND WEALTH MANAGEMENT

LEICHT FINANCIAL PLANNING AND WEALTH MANAGEMENT

LEICHT FINANCIAL PLANNING AND WEALTH MANAGEMENT functions as a private family investment office with a distinct operating rhythm: it originates, underwrites, and services loans secured by residential and commercial real estate. Founded by Paul Leicht, the firm occupies the intersection of family office capital preservation and active private credit deployment, focusing on assets where the value of the underlying collateral — not the borrower's personal credit — drives the underwriting decision. The firm's primary strategy centers on trust deed investments and mortgage note portfolios across US residential and commercial properties. Rather than committing to third-party funds or working through intermediary platforms, Leicht manages sourcing directly. The portfolio skews toward California and Western US assets, reflecting both the principal's geographic base and the deeper legal infrastructure for non-judicial foreclosure in trust deed states. Investment parameters typically exclude raw land and construction-phase exposure, concentrating instead on income-producing properties with clear title chains and established cash flow. The office operates without public-facing disclosure of total assets under management, staff count, or limited partner capital, consistent with a single-family structure that does not solicit outside investors. No adjacent foundation entities, co-investment vehicles, or philanthropic arms are disclosed in available public records. The structure appears intentionally lean — principal-led underwriting, no external advisory board, and no marketed fund series — positioning the family's capital as a direct lender rather than as a manager of pooled vehicles. The structural distinction here is the absence of the typical family office glidepath toward multi-family or institutional money management. Where many single-family offices evolve into registered investment advisors with outside clients, Leicht has maintained a closed architecture. The trust deed model itself — where the family holds the physical note and records the deed of trust against the property — embeds a legal priority claim that institutional debt funds often negotiate away in intercreditor agreements. This hard-asset lien position, managed directly by the principal rather than outsourced to a loan servicer, represents a governance choice that prioritizes control over scale.