# Luminist Capital, LLC

> 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.

- CRD: 173396
- Filed as: LUMINIST CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Filing period: October 2026
- Form ADV filing dated: May 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/173396
- AdvisorCensus page: https://advisorcensus.com/firm/luminist-capital-llc-173396

## Quick answers

**How is Luminist Capital, LLC compensated?**
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).

**How much does Luminist Capital, LLC charge?**
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.

**Is Luminist Capital, LLC registered with the SEC or a state?**
Luminist Capital, LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 173396.

**How much does Luminist Capital, LLC manage?**
Luminist Capital, LLC reports $104,592,075 in regulatory assets under management in its Form ADV filing dated May 26, 2026 (100% discretionary).

**How have Luminist Capital, LLC's assets and staff changed since 2022?**
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.

**What types of clients does Luminist Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (486); high net worth individuals (44).

**Which custodians does Luminist Capital, LLC use?**
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.

**Does Luminist Capital, LLC report any disciplinary disclosures?**
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

**Does Luminist Capital, LLC state an account minimum?**
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."

**What changed in Luminist Capital, LLC's recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 4 to 5.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated May 26, 2026)

- Account minimum: None

> 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.

- Hourly rate: $150 to $1,000 an hour (financial planning and consulting services)

> The fixed fee ranges from $500 to $10,000 and the hourly rate ranges from $150 - $1,000 per hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $104,592,075
- Discretionary: $104,592,075
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 486 | $79,068,847 |
| High net worth individuals | 44 | $25,523,228 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2022 (4 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, GA, IN, KY, LA, MI, NJ, OH, RI, SC, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- West Deptford, NJ

### Websites listed on Form ADV (Item 1.I)
- luministcapital.com
- LinkedIn @10160546

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $123,865,786 | 4 | July 11, 2022 |
| October 2023 | $102,834,587 | 5 | March 15, 2023 |
| October 2024 | $128,575,454 | 5 | March 28, 2024 |
| October 2025 | $140,707,545 | 3 | July 9, 2025 |
| October 2026 | $104,592,075 | 5 | May 26, 2026 |

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.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 4 to 5.

### March 2026
- 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.

### December 2025
- Registered or notice-filed in NJ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Luminist Capital, LLC (CRD 173396): Form ADV filing data as of October 2026.