The LUMIDA WEALTH MANAGEMENT is a privately held investment adviser that advises $142.22mn in regulatory assets under management held in 1 SEC fund types across 1 investment strategies. LUMIDA WEALTH MANAGEMENT is a Hybrid A hybrid fund manager is a manager whose total assets under management are spread across multiple investment vehicle types rather than concentrated in one. Fund Manager. Assets increased by 44.06% over the last 3-years.
The Group has been registered with the SEC for 3.68 years and is comprised of 1 filing and 0 relying advisers. They operate out of 2 office locations with their Headquarters at 1200 PREAKNESS AVENUE SUITE B1200, WAYNE, NEW JERSEY. The Group has not been subject to regulatory enforcement actions. They are regulated by 1 US and Non-US bodies.
They have 10 employees comprised of 4 investment and 6 non-investment staff. The total number of Employees increased by 150% over the last 3-years.
Their $142.22mn in assets advised are owned by 8 private funds, 0 public funds and BDCs and 0 other accounts. Assets of High Net Worth Individuals clients own $77.98mn or 54.83% of Total Assets and Pooled Investment Vehicles (Not IC or BDC) own $64.24mn or 45.17% of Total Assets.
The Group's top investment strategies include Traditional LBO, representing 100% of total assets, respectively.
They advise 2 types of clients, top clients are High Net Worth Individuals and Pooled Investment Vehicles (Not IC or BDC).
The Group uses 0 Fund Administrators, 1 Fund Auditors, 0 Prime Brokers, 0 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 8 private funds with $64.24mn in assets.
The Group discloses fixed fees, management fees and performance-based fees.
LUMIDA WEALTH MANAGEMENT names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.