{
  "crd_number": 173396,
  "slug": "luminist-capital-llc-173396",
  "primary_business_name": "LUMINIST CAPITAL, LLC",
  "legal_name": "LUMINIST CAPITAL, LLC",
  "dbas": [],
  "city": null,
  "state": null,
  "country": null,
  "cbsa_code": null,
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2022-07-15",
  "years_registered": 4,
  "period": "2026-10-01",
  "filing_date": "2026-05-26",
  "carried_forward": false,
  "raum_total": 104592075.0,
  "raum_discretionary": 104592075.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 5,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 79068847.0,
      "count": 486
    },
    "high_net_worth_individuals": {
      "raum": 25523228.0,
      "count": 44
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "GA",
    "IN",
    "KY",
    "LA",
    "MI",
    "NJ",
    "OH",
    "RI",
    "SC",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/10160546",
    "https://luministcapital.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/173396",
  "city_as_filed": null,
  "url": "https://advisorcensus.com/firm/luminist-capital-llc-173396",
  "display_name": "Luminist Capital, LLC",
  "summary": "Luminist Capital, LLC is an SEC-registered investment advisory firm, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 26, 2026.",
  "citation": "AdvisorCensus. Luminist Capital, LLC (CRD 173396): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Luminist Capital, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Luminist Capital, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Luminist Capital, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated May 26, 2026 states: Hourly rate: $150 to $1,000 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Is Luminist Capital, LLC registered with the SEC or a state?",
      "a": "Luminist Capital, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 173396."
    },
    {
      "q": "How much does Luminist Capital, LLC manage?",
      "a": "Luminist Capital, LLC reports $104,592,075 in regulatory assets under management in its Form ADV filing dated May 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Luminist Capital, LLC's assets and staff changed since 2022?",
      "a": "In the Form ADV data for Luminist Capital, LLC: Regulatory assets under management: $123,865,786 in the October 2022 data and $104,592,075 in the October 2026 data, down 16%. Total employees: 4 in October 2022 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Luminist Capital, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (486); high net worth individuals (44)."
    },
    {
      "q": "Which custodians does Luminist Capital, LLC use?",
      "a": "Luminist Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Luminist Capital, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/173396"
    },
    {
      "q": "Does Luminist Capital, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated May 26, 2026 says: \"The firm’s services are offered to individuals, trusts, estates, corporations and other businesses entities. The firm does not require a minimum account size to become a client.\""
    },
    {
      "q": "What changed in Luminist Capital, LLC's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Employees performing advisory functions went from 4 to 5."
    }
  ],
  "filing_history": [
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 123865786.0,
      "total_employees": 4,
      "filing_date": "2022-07-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 102834587.0,
      "total_employees": 5,
      "filing_date": "2023-03-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 128575454.0,
      "total_employees": 5,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 140707545.0,
      "total_employees": 3,
      "filing_date": "2025-07-09"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 104592075.0,
      "total_employees": 5,
      "filing_date": "2026-05-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 5."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 3 to 4.",
        "Regulatory assets under management went from $140,707,545 to $104,592,075 (-26%).",
        "Added an office in West Deptford, NJ."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in NJ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated May 26, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $150 to $1,000 an hour (financial planning and consulting services)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "The firm’s services are offered to individuals, trusts, estates, corporations and other businesses entities. The firm does not require a minimum account size to become a client."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $150 to $1,000 an hour (financial planning and consulting services)"
        ],
        "quotes": [
          "The fixed fee ranges from $500 to $10,000 and the hourly rate ranges from $150 - $1,000 per hour."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": null,
          "min": 150.0,
          "max": 1000.0,
          "period": "hour",
          "service": "financial planning and consulting services"
        }
      ]
    },
    "quotes": [
      "The firm’s services are offered to individuals, trusts, estates, corporations and other businesses entities. The firm does not require a minimum account size to become a client.",
      "The fixed fee ranges from $500 to $10,000 and the hourly rate ranges from $150 - $1,000 per hour."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/luminist-capital-llc-173396.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 486,
      "fewer_than_5": false,
      "raum": 79068847.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 44,
      "fewer_than_5": false,
      "raum": 25523228.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/173396",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}