DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Lumin Financial, LLC

Former SEC-registered adviserSouthfield, MichiganCRD 124138SEC 801-72205IAPD
Latest filing Mar 28, 2023
First filing on the tape Feb 9, 2012 · 32 filings
RAUM
$175M
reported, Item 5.F
Discretionary
83%
of RAUM
Private clients
61%
$107M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
7
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$175M as of Mar 28, 2023
Feb 9, 2012$103M then
HNW client RAUM$67.7M as of Mar 28, 2023
Mar 20, 2018$90.6M then
State-registered IARs (5.B.3)3 as of Mar 28, 2023
Feb 9, 20120 then
Employees (5.A)7 as of Mar 28, 2023
Mar 8, 20135 then
Private funds: no history
RAUM -18% over the last fiscal year+0.9% a year over threeIARs 2 to 3
Practice profile
derived from the filing of Mar 28, 2023; every figure names its basis
RAUM per advisor
$58.5MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
36derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.8MderivedHNW RAUM over HNW clients
Average account
$455,736derivedRAUM over accounts (5.F.2.f)
Discretionary
83%derivedof RAUM
Institutional
39%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
3.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
-18%derivedbetween the last two annual amendments
Advisor growth, one year
+50%derivedItem 5.B.3 between annual amendments
Client growth, one year
-9.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Custody
$31.1M, 45 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$68.7M39%
  • High-net-worth individuals$67.7M39%
  • Individuals$39.0M22%
Individual clients
85reported
HNW clients
24reported
Pension plan clients
33reported
Charitable clients
n/areported
Accounts
385reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
$31.1M for 45 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Hayes Victor Hicks · Chief Executive Officercontrol
      since 01/2000 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Southfield, Mi · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 462 to 385
      Mar 30, 2022 to Mar 28, 2023
    • Advisory employees · 2 to 3
      Mar 30, 2022 to Mar 28, 2023
    • Advisory activities · 3 to 4
      Mar 30, 2022 to Mar 28, 2023
    • HNW clients · 26 to 24
      Mar 30, 2022 to Mar 28, 2023
    • Individual clients · 95 to 85
      Mar 30, 2022 to Mar 28, 2023
    • Pension plan clients · 38 to 33
      Mar 30, 2022 to Mar 28, 2023
    • Assets in custody · $27.6M to $31.1M
      Mar 30, 2022 to Mar 28, 2023
    • Employees · 8 to 7
      Mar 30, 2022 to Mar 28, 2023
    • State-registered IARs · 2 to 3
      Mar 30, 2022 to Mar 28, 2023
    • Discretionary RAUM · $185M to $146M
      Mar 30, 2022 to Mar 28, 2023
    • HNW RAUM · $89.0M to $67.7M
      Mar 30, 2022 to Mar 28, 2023
    • Individual RAUM · $41.3M to $39.0M
      Mar 30, 2022 to Mar 28, 2023
    • Non-discretionary RAUM · $29.6M to $29.6M
      Mar 30, 2022 to Mar 28, 2023
    • Pension RAUM · $83.9M to $68.7M
      Mar 30, 2022 to Mar 28, 2023
    • RAUM · $214M to $175M
      Mar 30, 2022 to Mar 28, 2023
    • Accounts · 393 to 462
      Aug 24, 2021 to Mar 30, 2022
    • Advisory employees · 3 to 2
      Aug 24, 2021 to Mar 30, 2022
    • HNW clients · 28 to 26
      Aug 24, 2021 to Mar 30, 2022
    • Individual clients · 97 to 95
      Aug 24, 2021 to Mar 30, 2022
    • Pension plan clients · 33 to 38
      Aug 24, 2021 to Mar 30, 2022
    • Assets in custody · $17.7M to $27.6M
      Aug 24, 2021 to Mar 30, 2022
    • Financial planning clients · 26-50 to 1-10
      Aug 24, 2021 to Mar 30, 2022
    • State-registered IARs · 3 to 2
      Aug 24, 2021 to Mar 30, 2022
    • Discretionary RAUM · $144M to $185M
      Aug 24, 2021 to Mar 30, 2022
    • HNW RAUM · $72.5M to $89.0M
      Aug 24, 2021 to Mar 30, 2022
    • Individual RAUM · $37.0M to $41.3M
      Aug 24, 2021 to Mar 30, 2022
    • Non-discretionary RAUM · $39.3M to $29.6M
      Aug 24, 2021 to Mar 30, 2022
    • Pension RAUM · $74.1M to $83.9M
      Aug 24, 2021 to Mar 30, 2022
    • RAUM · $184M to $214M
      Aug 24, 2021 to Mar 30, 2022
    • Accounts · 337 to 393
      Jun 30, 2020 to Mar 31, 2021
    • Advisory employees · 2 to 3
      Jun 30, 2020 to Mar 31, 2021
    • HNW clients · 30 to 28
      Jun 30, 2020 to Mar 31, 2021
    • Individual clients · 74 to 97
      Jun 30, 2020 to Mar 31, 2021
    • Pension plan clients · 34 to 33
      Jun 30, 2020 to Mar 31, 2021
    • Assets in custody · unset to 17651580.0
      Jun 30, 2020 to Mar 31, 2021
    • Custody of client assets · false to true
      Jun 30, 2020 to Mar 31, 2021
    • Financial planning clients · 11-25 to 26-50
      Jun 30, 2020 to Mar 31, 2021
    • State-registered IARs · 2 to 3
      Jun 30, 2020 to Mar 31, 2021
    • Discretionary RAUM · $138M to $144M
      Jun 30, 2020 to Mar 31, 2021
    • HNW RAUM · $72.6M to $72.5M
      Jun 30, 2020 to Mar 31, 2021
    Signals
    5 dated events
    • Sandra Marie Kerr left Lumin Financial, Llc for Perigon Wealth Management, Llc (registered 2023-12-14)
      Mar 21, 2024 · Advisor changed firm · fact
    • Rhoda Vashti Woods left Lumin Financial, Llc for Perigon Wealth Management, Llc (registered 2024-03-04)
      Mar 21, 2024 · Advisor changed firm · fact
    • Victor Hayes Hicks left Lumin Financial, Llc for Perigon Wealth Management, Llc (registered 2023-12-14)
      Mar 21, 2024 · Advisor changed firm · fact
    • Lumin Financial, LLC's advisors moved to Perigon Wealth Management, LLC (Southfield, MI): 3 of 3 registered, on the same day
      Mar 21, 2024 · Firm absorbed (people side) · derived
    • Naoko Mckelvey (Chief Compliance Officer) no longer on Schedule A of Lumin Financial, Llc (listed 2019-11-25, absent 2020-03-23)
      Mar 23, 2020 · Control person left · inference
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026