FIAT LUX Capital Management
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$39,796,197
Total clients
227
5% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
227
Average account size
$175,314
About
Fiat Lux Capital Management provides ongoing investment management, cash-flow analysis, consultation, and financial planning to a broad mix of clients described in its brochure, including individuals, trusts, charitable organizations, small businesses, partnerships and corporations; the firm also reports serving several institutional client types that are uncommon for an advisor of this category, such as pension plans, insurance companies, banks or thrifts, state or municipal entities, other investment advisers, and even a sovereign wealth fund. Services cover a range of planning topics clients commonly request, including retirement, tax, estate, education, Medicare, and Social Security planning.
The firm’s client engagement begins with an individualized consultation that includes risk assessment, asset-and-liability analysis, and goal setting, and it generally manages accounts on a limited discretionary basis with semi-annual reviews and ongoing portfolio oversight. Portfolio construction emphasizes strategic asset allocation across mutual funds, ETFs, stocks, bonds and options, and the adviser uses third‑party software (RightCapital and Profiles Professional) plus some custom programming to analyze client plans.
Noteworthy aspects in the brochure include a relatively high client count—about 227 client relationships supported with roughly $39.8 million in discretionary assets—which is uncommon among independent advisers and suggests a particular service model or workflow. The firm also uses a single managed-account brokerage platform (Altruist) and is treated as having custody because of fee handling and custodian arrangements, a structure the brochure flags as creating potential execution and soft‑dollar conflicts for clients to consider.
Client services
Financial planning
Portfolio management
Expertise
General retirement planning
Medicare planning
Social Security optimization
College savings (529s, UTMA, etc.)
Charitable giving & philanthropy
Fee options
$0 - $299,999: 1.50% $300,000 - $499,999: 1.20% $500,000 - $749,999: 1.00% $750,000 - $999,999: 0.75% $1,000,000 - $1,499,999: 0.65% $1,500,000+: 0.50%
Fee-only: Fee-only registered investment advisor; no commissions or 12b-1 fees received.
Main office location
FIAT LUX Capital Management
228 B Milwaukee St
Waterford WI 53185, United States
Number of offices
1
Most active in
FIAT LUX Capital Management has reported serving >5 clients in these states in the last 12 months.
Wisconsin
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
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