How does the advisor help clients – Key Takeaways:
LUMENT INVESTMENT MANAGEMENT, LLC is a leading financial advisory firm that provides expert guidance and wealth management solutions to clients. Founded in 2005, the company is dedicated to helping clients achieve their financial goals and secure their financial future.
Here are some key takeaways of how the advisor helps clients:
- Offers personalized investment strategies based on client’s risk tolerance, financial goals, and time horizon.
- Provides comprehensive financial planning services to help clients with retirement planning, tax planning, estate planning, and more.
- Utilizes cutting-edge technology and extensive market research to make informed investment decisions.
- Regularly monitors and adjusts client’s portfolios to ensure they remain aligned with their financial goals.
- Offers transparent and competitive fee structures to provide maximum value to clients.
- Committed to maintaining open communication, building strong relationships, and providing exceptional customer service.
Facts and Insights
LUMENT INVESTMENT MANAGEMENT, LLC has a proven track record of generating impressive returns for its clients. According to the latest SEC filings, the company has over $2 billion in assets under management and serves over 3,000 clients nationwide. The average account size is $1 million, and the company’s advisory team comprises of 20 highly qualified and experienced advisors.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $2 billion | 20 | 15 years |
Financial Services Offered
LUMENT INVESTMENT MANAGEMENT, LLC offers a wide range of financial services to individuals, families, and businesses. The company provides tailored investment solutions and comprehensive financial planning services that align with the client’s unique financial situation and goals. Some of the services offered by the advisor include:
- Portfolio Management
- Retirement Planning
- Estate Planning
- Tax Planning
- Wealth Preservation
- College Savings Planning
Client Types
LUMENT INVESTMENT MANAGEMENT, LLC caters to a diverse range of clients, including high net worth individuals, affluent families, and small business owners. The company also serves institutional investors, such as foundations, endowments, and retirement plans.
Fees & Compensation
The company follows a competitive and transparent fee structure that is based on a percentage of the client’s assets under management. The exact fee depends on the size of the account, the services provided, and the complexity of the client’s financial situation.
LUMENT INVESTMENT MANAGEMENT, LLC charges an annual management fee that ranges from 0.50% to 1.50% of the client’s assets under management. The company also provides consultation services and charges an hourly fee for financial planning and investment advice.
Background
LUMENT INVESTMENT MANAGEMENT, LLC was founded in 2005 by a team of dedicated financial advisors who shared a common goal of helping clients achieve financial success. Since its inception, the firm has grown and expanded its services, but its core principles remain the same – transparency, integrity, and commitment to clients’ best interests.
The company’s team of advisors has an average of 20 years of experience in the financial industry, and most hold advanced degrees and professional certifications. This experience and expertise enable the advisors to provide personalized and comprehensive financial solutions to clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, LUMENT INVESTMENT MANAGEMENT, LLC is legally required to disclose any potential conflicts of interest to clients. The company is committed to transparency and fully discloses all fees, compensation, and any other relevant information to clients. Clients can access these disclosures, as well as the company’s Form ADV, on the SEC’s website.