Luther Wealth Management

Luther Wealth Management is an independent advisory firm serving individual clients, including both typical retail households and higher-net-worth individuals, with discretionary portfolio management and complementary financial planning provided at no additional charge. Managed accounts are custodied and traded through Interactive Brokers under the firm’s advisory relationship.

The firm’s investment process is grounded in a Modern Portfolio Theory framework implemented via a proprietary portfolio optimizer, with primary allocations to low-cost broad-market index funds and ETFs and a focus on periodic rebalancing rather than market timing. It holds discretionary authority to execute trades, uses Interactive Brokers as its sole custodian and execution broker, and discloses that it pays trading commissions for normal portfolio-management transactions.

Noteworthy distinctions include the firm’s small scale—approximately six clients and roughly $2.75 million in discretionary AUM—and that the sole adviser maintains a significant outside full-time position that overlaps market hours, a condition the firm discloses could delay trading in emergency situations. The adviser is a CFA charterholder with sell-side fixed-income research experience, the firm has adopted the CFA Institute Code of Ethics, and it maintains policies to avoid conflicts stemming from the adviser’s outside employment, including excluding the employer’s securities from recommendations.