aLuman

aLuman primarily serves individual clients — including a significant number of high-net-worth individuals — and small business owners, offering discretionary portfolio management and comprehensive financial planning. The firm’s planning services include retirement planning for plan sponsors, scenario planning, cash flow, tax and estate planning, and coaching/counseling.

The firm’s investment approach is an academically based, tactical buy-and-hold strategy implemented through individualized Investment Policy Statements and broad diversification across major asset classes. aLuman emphasizes low turnover and periodic rebalancing, typically allocates to no-load mutual funds (with occasional use of ETFs, stocks, and bonds), and does not invest client assets in derivatives, private placements, or hedge funds absent specific client direction.

Operationally, aLuman requires client accounts to be held at Charles Schwab, Altruist, or Matrix and discloses receiving support services from those custodians; it also does not aggregate trades into block orders but uses a randomized selection process for execution. The firm offers a Quick Start modular planning option, provides 3(38) retirement-plan advisory services, manages roughly $135 million on a discretionary basis with two advisors and about 132 clients, and leaves proxy voting to clients rather than voting securities on their behalf.