Lumida Wealth Management provides investment management and family office services to high net worth and ultra-high net worth individuals and single-family offices. Lumida specializes in alternative investments like private equity, venture capital, and hedge funds, as well as digital assets. Lumida constructs strategic asset allocations using individual equities and debt, mutual funds, ETFs, variable annuities, alternatives, and digital assets. For family office clients, Lumida can prepare financial plans and advise on topics like cash flow, tax, and estate planning.
Fee Structure
Lumida Wealth Management manages investments for clients, charging an annual management fee based on the value of the assets they manage. This fee varies between 0.25% and 1% annually. The fee is calculated based on the average daily balance and charged quarterly. The firm may negotiate a lower fee based on factors like anticipated future earnings or the amount of assets managed.