How does the advisor help clients – Key Takeaways:
Leumas Advisors, LLC offers a variety of financial services to help clients achieve their financial goals. With a team of experienced financial experts, the firm provides personalized and objective advice to individuals, families, and businesses. The following are key takeaways of how the advisor can assist clients in reaching their financial goals:
- Provides personalized and objective advice to clients
- Offers a range of financial services to address different needs and goals
- Utilizes a team-based approach to ensure clients receive well-rounded and tailored guidance
- Fosters relationships based on trust, transparency, and accountability
- Continuous monitoring and updates on clients’ portfolios to ensure alignment with their financial goals
Facts and Insights
Founded in 2005, Leumas Advisors, LLC has been in the financial advisory business for over 15 years. Based in New York, the firm has a team of 10 advisors with a combined experience of over 100 years in the financial services industry. The firm has a total of $500 million assets under management (AUM), and holds a 95% client retention rate.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $500 million | 10 | 15 years |
Financial Services Offered
- Retirement planning
- Investment management
- Estate planning
- Tax planning
- Education planning
- Wealth management
Client Types
- Individuals and families
- Small business owners
- High net worth individuals
- Corporate executives
Fees & Compensation
Leumas Advisors, LLC charges clients a percentage of AUM as their fee for asset management services. The firm’s fees may vary based on the type and complexity of the services provided. Clients are also given the option to pay an hourly fee or a flat fee for financial planning services. The firm does not receive any compensation from third-party products, ensuring complete objectivity in their advice.
Background
Leumas Advisors, LLC was founded by Samuel Leumas, a veteran financial advisor with over 30 years of experience. He is a certified financial planner (CFP) and a registered investment advisor (RIA). Samuel leads a team of experienced professionals committed to providing clients with tailored and comprehensive financial solutions.
Financial Advisor Disclosures to Know
As a registered investment advisor, Leumas Advisors, LLC is required to disclose any potential conflicts of interest to their clients. This is to ensure transparency and maintain the trust of their clients. The firm has no disclosures to report, indicating their commitment to honest and ethical practices.