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.
SEC-registered adviser
Luminist Capital, LLC
Latest filing May 26, 2026
First filing on the tape Jan 20, 2015 · 15 filings
SEC status approved since Jul 15, 2022
RAUM
$105M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$105M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$20.9M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$105M as of May 26, 2026
Mar 15, 2023$103M then
HNW client RAUM$25.5M as of May 26, 2026
Mar 15, 2023$44.1M then
State-registered IARs (5.B.3)5 as of May 26, 2026
Mar 15, 20233 then
Employees (5.A)5 as of May 26, 2026
Mar 15, 20235 then
Private funds: no history
RAUM -26% over the last fiscal year+0.6% a year over threeIARs 3 to 5offices 1 to 2
Practice profile
derived from the filing of May 26, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Mass-affluent RIA · private-client share at least 50 percent, non-HNW individuals at least 60 percent of private-client RAUM
- RAUM per advisor
- $20.9MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 106derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $580,073derivedHNW RAUM over HNW clients
- Average account
- $133,921derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 1.7derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -26%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -29%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, selection of other advisers, otherreportedItem 5.G
- Custody
- $14.5M, 104 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
- Individuals$79.1M76%
- High-net-worth individuals$25.5M24%
- Individual clients
- 486reported
- HNW clients
- 44reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 781reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- $14.5M for 104 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| John Michael Timmermans | Grand Rapids, Mi | Aug 18, 2015 | 12 y | 2 |
| Justin John Biebel | Grand Rapids, Mi | Nov 1, 2021 | 11 y | 0 |
| Aaron Michael Stine | Saint Johns, Mi | Aug 27, 2024 | 10 y | 3 |
| Julie Lynn Lesicki | Grand Rapids, Mi | Nov 25, 2025 | 21 y | 3 |
| Brent Richard Delabarre | Grand Rapids, Mi | May 19, 2026 | 10 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Bryon Keith Spicer to Simplicity WealthJul 12, 2024 · Other
- John Alan Hill to Advisory Advocates LLCMar 24, 2022 · Other
- Joseph Parker Degeorge to Investment Consulting Group IncDec 23, 2019 · Other
Joined, latest
- Julie Lynn Lesicki from Horter Investment Management, LLCNov 25, 2025 · RIA to RIA
- Aaron Michael Stine from Advisory Advocates LLCAug 27, 2024 · RIA to RIA
- John Alan Hill from Wealth Watch Advisors, IncJun 19, 2020 · Other
- Joseph Parker Degeorge from Innovative Investment Solutions, Inc.Jun 5, 2019 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- John Justin Biebel · Ciocontrolsince 10/2015 · owns less than 5%
- Michael John Timmermans · Ccocontrolsince 08/2015 · owns less than 5%
- John Justin Biebel · Membercontrolsince 01/2024 · owns 25% to 50% of Luminist Holdings, LLC
- Erin Kathleen Dunn · Membercontrolsince 12/2019 · owns 75% or more of The Stanley Group LLC
- William Frederick Gearhart · Membercontrolsince 01/2024 · owns 25% to 50% of The Gearhart 2009 Irrevocable Trust
- Michael John Timmermans · Membercontrolsince 01/2024 · owns 25% to 50% of Luminist Holdings, LLC
Entity owners
- Luminist Holdings, LLC · Shareholder/Memberdirect · owns 75% or more
- The Gearhart 2009 Irrevocable Trust · Memberindirect · owns 25% to 50% of Luminist Holdings, LLC
- The Stanley Group LLC · Memberindirect · owns 25% to 50% of Luminist Holdings, LLC
Related persons
Schedule D 7.A
- Advisory Advocates LLCinvestment adviseryRAUM $159M
- Illuminated Insurance Services LLCreal estatey
- Plp Advisors, LLCinvestment adviserreal estatenRAUM $12.0M
Advisers that list Luminist Capital, LLC as a related person
- 322828 y
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Grand Rapids, Mi | 5 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Beavercreek, OH1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- RAUM down 25 %Change between filings · filing Feb 25, 2026RAUM (Item 5.F) moved from $140,707,545 to $104,592,075 (-26.0%) between the annual amendments of 2025-02-21 and 2026-02-25; the peer median change was +15.0% (4551 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 1.5% percentile
What changed
consecutive filings, newest first
- Advisory employees · 4 to 5Feb 25, 2026 to May 26, 2026
- Employees · 4 to 5Feb 25, 2026 to May 26, 2026
- State-registered IARs · 4 to 5Feb 25, 2026 to May 26, 2026
- Accounts · 1,088 to 781Nov 18, 2025 to Feb 25, 2026
- Advisory employees · 3 to 4Nov 18, 2025 to Feb 25, 2026
- HNW clients · 26 to 44Nov 18, 2025 to Feb 25, 2026
- Individual clients · 716 to 486Nov 18, 2025 to Feb 25, 2026
- Assets in custody · $7.8M to $14.5MNov 18, 2025 to Feb 25, 2026
- Employees · 3 to 4Nov 18, 2025 to Feb 25, 2026
- Financial planning clients · 1-10 to 0Nov 18, 2025 to Feb 25, 2026
- State-registered IARs · 3 to 4Nov 18, 2025 to Feb 25, 2026
- Other offices · 1 to 2Nov 18, 2025 to Feb 25, 2026
- Discretionary RAUM · $141M to $105MNov 18, 2025 to Feb 25, 2026
- HNW RAUM · $26.8M to $25.5MNov 18, 2025 to Feb 25, 2026
- Individual RAUM · $114M to $79.1MNov 18, 2025 to Feb 25, 2026
- RAUM · $141M to $105MNov 18, 2025 to Feb 25, 2026
- Financial planning clients · 1-10 to 1-10Jun 18, 2025 to Jul 9, 2025
- Accounts · 1,012 to 1,088Nov 8, 2024 to Feb 21, 2025
- HNW clients · 139 to 26Nov 8, 2024 to Feb 21, 2025
- Individual clients · 516 to 716Nov 8, 2024 to Feb 21, 2025
- Assets in custody · $54.7M to $7.8MNov 8, 2024 to Feb 21, 2025
- Employees · 5 to 3Nov 8, 2024 to Feb 21, 2025
- Insurance-licensed employees · 3 to 2Nov 8, 2024 to Feb 21, 2025
- Financial planning clients · 0 to 1-10Nov 8, 2024 to Feb 21, 2025
- HQ city · unset to Nov 8, 2024 to Feb 21, 2025
- HQ state · unset to Nov 8, 2024 to Feb 21, 2025
- Discretionary RAUM · $129M to $141MNov 8, 2024 to Feb 21, 2025
- HNW RAUM · $58.5M to $26.8MNov 8, 2024 to Feb 21, 2025
- Individual RAUM · $70.1M to $114MNov 8, 2024 to Feb 21, 2025
- RAUM · $129M to $141MNov 8, 2024 to Feb 21, 2025
- Advisory activities · 3 to 4Mar 28, 2024 to Nov 8, 2024
- Accounts · 900 to 1,012Mar 15, 2023 to Mar 28, 2024
- HNW clients · 74 to 139Mar 15, 2023 to Mar 28, 2024
- Individual clients · 473 to 516Mar 15, 2023 to Mar 28, 2024
- Assets in custody · $578 to $54.7MMar 15, 2023 to Mar 28, 2024
- Discretionary RAUM · $103M to $129MMar 15, 2023 to Mar 28, 2024
- HNW RAUM · $44.1M to $58.5MMar 15, 2023 to Mar 28, 2024
- Individual RAUM · $58.8M to $70.1MMar 15, 2023 to Mar 28, 2024
- RAUM · $103M to $129MMar 15, 2023 to Mar 28, 2024
- Accounts · 766 to 900Nov 29, 2022 to Mar 15, 2023
Signals
7 dated events
- Bryon Keith Spicer left Luminist Capital, Llc for Simplicity Wealth (registered 2019-11-13)Jul 12, 2024 · Advisor changed firm · fact
- Michael John Timmermans (Member/Cco) appeared on Schedule A of Luminist Capital, LlcJun 15, 2022 · Control person joined · fact
- John Justin Biebel (Member) appeared on Schedule A of Luminist Capital, LlcJun 15, 2022 · Control person joined · fact
- Kathleen Dunn (Member) appeared on Schedule A of Luminist Capital, LlcJun 15, 2022 · Control person joined · fact
- Russell David Millar (Cco) no longer on Schedule A of Luminist Capital, Llc (listed 2015-06-27, absent 2022-06-15)Jun 15, 2022 · Control person left · inference
- John Alan Hill left Luminist Capital, Llc for Advisory Advocates Llc (registered 2022-01-31)Mar 24, 2022 · Advisor changed firm · fact
- Luminist Capital, Llc filed its initial SEC registration (Form ADV)Jan 20, 2015 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- info@luministcapital.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business email
- nfo@luministcapital.comreportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 616-600-4517reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-394-8549reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 877-803-6087reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/10160546reportedpublic record, Form ADV, Sep 17, 2026
- Website
- LUMINISTCAPITAL.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 616-600-4517reportedpublic record, Form ADV, May 26, 2026
- Contact form
- luministcapital.com/contactreportedpublished by the firm, firm site, Sep 17, 2026
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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $20.9Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026