Lumida Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year. The firm advises 8 private funds.
Lumida Wealth Management reports 44 clients. They include 37 high-net-worth individuals and 7 pooled investment vehicles. Of its assets, 100.0% ($133M across 72 accounts) are managed with discretion. Of its clients, 6% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 84% | 59% |
| Pooled investment vehicles | 16% | 41% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 37 | $78M | 58.7% | $2.11M |
| Pooled investment vehicles | 7 | $54.8M | 41.3% | $7.83M |
| Total | 44 | $133M | 100% | $3.02M |
- Clients
- 37
- Regulatory AUM
- $78M
- AUM share
- 58.7%
- Avg. per client
- $2.11M
- Clients
- 7
- Regulatory AUM
- $54.8M
- AUM share
- 41.3%
- Avg. per client
- $7.83M
Total
- Clients
- 44
- Regulatory AUM
- $133M
- AUM share
- 100%
- Avg. per client
- $3.02M
- Clients outside the U.S.
- 6%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 8
- Financial planning clients last fiscal year
- 1–10
Lumida Wealth Management is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Family Office Services
- A flat Fixed Base Fee negotiated with each family office client by scope and complexity; the brochure gives no amount.
Lumida, Inc owns 75% or more of Lumida Wealth Management and is in turn owned by Asmaa Ahluwalia 2022 Dynasty Trust (50–75%). The leadership team of Lumida Wealth Management includes President Ram Ahluwalia. It has 10 employees, 4 of them in advisory roles.
Staff
- 10 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 broker-dealer rep
- 1 insurance agent
- Owns 75% or more of Lumida Wealth Management LLC
Lumida, Inc
Control person · since August 2022
- Owns 50% to 75% of Lumida, Inc
Asmaa Ahluwalia 2022 Dynasty Trust
Control person · since July 2022
- Owns 75% or more of Asmaa Ahluwalia 2022 Dynasty Trust
Ram Ahluwalia
Control person · since July 2022
Lumida Wealth Management’s regulatory assets grew from $99.7M (July 2023) to $133M (March 2026); clients rose from 1 to 44 and employees from 4 to 10.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $133M | 44 | 10 | 2 |
| May 2025May 2025 | $83.1M | 37 | 4 | 3 |
| Jul 2024July 2024 | $125M | 15 | 5 | 3 |
| Jul 2023July 2023 | $99.7M | 1 | 4 | 2 |
Besides its headquarters, Lumida Wealth Management has 1 office, with 2 listed addresses across 2 states.
New Jersey · 1 listed address
- 1200 Preakness Avenue, Suite B1200, WayneHQ
New York · 1 listed address
- 25 W 39th Street, New York
Other business names
Lumida Wealth Management has reported 2 other business names to the SEC.
- Lumida
- Lumida Wealth
Contact and registration details
- Legal name
- Lumida Wealth Management LLC
- Headquarters
- 1200 Preakness Avenue, Suite B1200, Wayne, NJ 07470
- Website
- lumidawealth.com
- Phone
- 917-541-0170
- SEC file
- 801-126806
- Structure
- Delaware LLC
- Fiscal year end
- December
Lumida Wealth Management’s named custodian for separately managed accounts is Charles Schwab ($78M). Lumida Wealth Management has custody of $55.1M for 7 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $78M100%
At year end, Lumida Wealth Management’s separately managed accounts were mostly in stocks (90%).
What the accounts hold
- Stocks90%
- Funds3%
- Pooled vehicles2%
- Registered funds1%
- Cash7%
How many clients does Lumida Wealth Management have?
Lumida Wealth Management has 44 clients and manages $133 million for them, as of March 2026. They include 37 high-net-worth individuals and 7 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Lumida Wealth Management offer?
Lumida Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Lumida Wealth Management use?
Lumida Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $78M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Lumida Wealth Management have?
Lumida Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 10 employees, and 4 perform investment advisory functions. 1 employee is a registered representative of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Lumida Wealth Management invest in?
At the end of its last fiscal year, Lumida Wealth Management’s separately managed accounts held 90% exchange-traded equities, 7% cash and equivalents, 2% pooled vehicles (private funds and similar) and 1% registered funds (mutual funds, ETFs, BDCs). It advises 8 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lumida Wealth Management?
Lumida Wealth Management is owned through a chain of holding companies by Ram Ahluwalia. Its direct owner is Lumida, Inc (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Lumida Wealth Management get paid?
Lumida Wealth Management is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Lumida Wealth Management?
Lumida Wealth Management’s main office is at 1200 Preakness Avenue, Suite B1200, Wayne, NJ 07470. Its phone number is 917-541-0170. Its website is lumidawealth.com.
