Lumina Financial Consultants, LLC

Lumina Financial Consultants, LLC is a financial advisory firm established in 2012, based in Mill Valley, California. The firm offers financial planning services covering areas such as cash flow analysis, retirement planning, estate planning, and risk management. They also provide portfolio management services with a focus on asset allocation and investment strategies based on Modern Portfolio Theory. For financial planning services, clients can expect hourly or project-based fees ranging from $150 to $350 per hour. Portfolio management services are charged an annualized asset-based fee, starting at 1.00% for assets between $1,500,000 and $3,000,000. Lumina Financial Consultants, LLC acts as a fiduciary, ensuring that client interests are prioritized. Clients have the option to engage the firm on a discretionary basis, allowing Lumina to make investment decisions without prior client approval. The firm does not engage in performance-based fees or side-by-side management. Lumina Financial Consultants, LLC does not hold client assets directly, instead using qualified custodians like Charles Schwab & Co., Inc. for account maintenance. The firm conducts periodic reviews of client accounts, with financial planning clients recommended to have annual check-ups. Lumina Financial Consultants, LLC does not vote proxies on behalf of clients and does not provide guidance on proxy voting. The firm's financial information is sound, with no financial conditions likely to impair its ability to meet client commitments. Lumina Financial Consultants, LLC does not have a bankruptcy history and does not serve as a general partner for partnerships or trustee for trusts involving advisory clients.