{"url":"https://nivawealth.com/firms/lumida-wealth-management-323410","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/323410","regulatoryAum":132820358,"crd":"323410","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6130405","suffix":null,"lastName":"AHLUWALIA","firstName":"RAM","middleName":null},{"crd":"7986625","suffix":null,"lastName":"CAPOZZOLI","firstName":"REEGAN","middleName":"Ronald"},{"crd":"6068979","suffix":null,"lastName":"SAMUELS","firstName":"RAYMOND","middleName":"QUINN"},{"crd":"8208653","suffix":null,"lastName":"Sharma","firstName":"Rasik","middleName":null}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2023-07-05","regulatoryAum":99724522,"clients":1,"employees":4,"offices":2},{"filedOn":"2024-07-22","regulatoryAum":124909010,"clients":15,"employees":5,"offices":3},{"filedOn":"2025-05-30","regulatoryAum":83058912,"clients":37,"employees":4,"offices":3},{"filedOn":"2026-03-31","regulatoryAum":132820358,"clients":44,"employees":10,"offices":2}],"secFileNumber":"801-126806","legalName":"Lumida Wealth Management LLC","displayName":"Lumida Wealth Management","slug":"lumida-wealth-management-323410","website":"https://lumidawealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/323410/2b3528bbea50f23e-r1.webp","tone":"light","width":691,"height":200,"sourceUrl":"https://www.lumidawealth.com/","sourceLabel":"Lumida Wealth Management LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"https://x.com/LumidaWealth","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1200 Preakness Avenue, Suite B1200","city":"Wayne","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07470"},"tradeNames":["Lumida","Lumida Wealth"],"registration":{"secApproved":"25 November 2022","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":2107454.7837837837,"staff":{"employees":10,"advisory":4,"brokerDealerReps":1,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":132820358,"discretionary":132820358,"discretionaryAccounts":72,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":6,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":37,"regulatoryAum":77975827},{"label":"Pooled investment vehicles","clients":7,"regulatoryAum":54844531}],"feePrograms":[{"role":"other","program":"Family Office Services","summary":"A flat Fixed Base Fee negotiated with each family office client by scope and complexity; the brochure gives no amount.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037106","versionId":1037106,"submittedOn":"2026-03-31","documentName":"LUMIDA FORM ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:21:03.89015+00:00","documents":[{"name":"LUMIDA FORM ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037106","versionId":1037106,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":77975827}],"custodyNote":"Lumida Wealth Management has custody of $55.1M for 7 clients.","otherCustodians":[],"leadership":[{"name":"Ram Ahluwalia","title":"President and Chief Compliance Officer","crd":"6130405"}],"ownership":[{"label":"Lumida, Inc","detail":"Principal owner in the 75% or more ownership band and a control person, since August 2022."},{"label":"Asmaa Ahluwalia 2022 Dynasty Trust","detail":"Indirect owner: a member of Lumida, Inc in the 50% to 75% band and a control person, since July 2022.","parent":"Lumida, Inc"},{"label":"Ram Ahluwalia","detail":"Indirect owner: a trustee of Asmaa Ahluwalia 2022 Dynasty Trust in the 75% or more band and a control person, since July 2022.","parent":"Asmaa Ahluwalia 2022 Dynasty Trust"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"New Jersey","offices":1,"addresses":[{"street":"1200 Preakness Avenue, Suite B1200","city":"Wayne","headquarters":true}]},{"state":"New York","offices":1,"addresses":[{"street":"25 W 39th Street","city":"New York"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"917-541-0170","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)","Performance-based fees"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":90},{"label":"Securities issued by registered investment companies or business development companies","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":2},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":8},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/323410/PDF/323410.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1037106","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Lumida Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Lumida Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Lumida Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Lumida Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Lumida Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Lumida Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Lumida Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Lumida Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}