Luma Financial
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$5,229,899
Clients
8
25% high-net worth
Advisors
1
of 1 employees
Firm type
Independent
1 advisor
Fewer clients per advisor generally means more personalized, proactive service. Higher ratios may reflect streamlined models or lower minimums.
Clients per advisor
8
Very LowAverage account size
$653,737
About
The firm is a small independent registered investment adviser that provides discretionary investment management to a very small client base (eight clients) and manages roughly $5.23 million in client assets. Services are tailored to individual investment objectives and risk tolerances and the firm generally focuses its advice on equity securities, with a stated $100,000 account minimum for its investment management service.
Investment decisions are driven primarily by fundamental securities analysis and a blend of micro- and macro-economic considerations, with a buy-and-hold orientation; the firm also may recommend fixed income, precious metals, or commodity exposures for diversification. Portfolios are managed on a discretionary basis, account reviews are performed at least quarterly, and the firm uses block trades when appropriate to implement portfolios.
Notable distinctions include that the sole principal and compliance officer also operates an affiliated media production business and discloses spending about 60 hours per month on that outside activity, and there is no internal supervisor over the principal beyond the firm’s Code of Ethics. The combination of a very small client roster, concentrated ownership/management, and a narrow equity-focused advisory mandate sets the firm apart from many peers of similar registration type.
Client services
Portfolio management
Expertise
Active portfolio management
Concentrated stock management
Fee options
$0 - $500,000: 1.0% annually $500,000 - $1,000,000: $1,000,000+: 0.4% annually
Account minimum: $100,000
Main office location
Luma Financial
Carlsbad CA, United States
Number of offices
1
Most active in
Luma Financial has reported serving >5 clients in these states in the last 12 months.
California · Louisiana · Texas
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
Quick links
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