Luminous Money is a registered investment advisor founded in 2025 and based in Minneapolis, Minnesota. Luminous Money provides wealth management services that combine ongoing investment management and financial planning, helping clients build personalized portfolios based on their goals, risk tolerance, and tax considerations. The firm primarily recommends investments in stocks, bonds, mutual funds, exchange-traded funds, and cash equivalents. Luminous Money also offers standalone financial planning services on either an ongoing or project-based basis, covering areas such as retirement planning, tax strategies, cash flow management, estate planning, risk management, and business planning. Clients can choose to receive financial planning at no additional fee when engaging Luminous Money for wealth management services. Luminous Money operates as a fee-only firm, meaning they are compensated solely by their clients and do not accept commissions or sales-related fees.
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Investment management fees are negotiable and generally range from 0.25% to 1.00% annually.