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
Lumida Wealth Management LLC
Latest filing Mar 31, 2026
First filing on the tape Sep 30, 2022 · 16 filings
SEC status approved since Nov 25, 2022
RAUM
$133M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
59%
$78.0M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$26.6M
derived; firm RAUM over IAPD count
Employees
10
4 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
8
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$133M as of Mar 31, 2026
Mar 30, 2023$99.7M then
HNW client RAUM$78.0M as of Mar 31, 2026
Mar 18, 2024$5.5M then
State-registered IARs (5.B.3)4 as of Mar 31, 2026
Mar 30, 20230 then
Employees (5.A)10 as of Mar 31, 2026
Mar 30, 20233 then
Private funds8 as of Mar 31, 2026
Mar 30, 20231 then
RAUM +60% over the last fiscal year+10% a year over threeIARs 1 to 4offices 0 to 1
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- 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
- RIA with heavy alternatives · a wealth manager whose private fund gross assets are at least 25 percent of RAUM, or five or more private funds
- RIA with private funds · a wealth manager (private-client share at least 50 percent) that reports at least one private fund on Schedule D 7.B.(1)
- RAUM per advisor
- $26.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.1MderivedHNW RAUM over HNW clients
- Average account
- $1.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +60%derivedbetween the last two annual amendments
- Advisor growth, one year
- +300%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, fixed fees, performance-basedreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
- Custody
- $55.1M, 7 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)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$78.0M59%
- Pooled investment vehicles$54.8M41%
- Individual clients
- n/areported
- HNW clients
- 37reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 72reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $55.1M for 7 clientsreported
- Compensation
- % of AUM, fixed, performancereported
- Class basis
- private_client_share=0.59 fund_share=0.41 institutional_share=0.0 related_bd=false related_bank=false bd_reps=1.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Ram AhluwaliaChartered Financial Analyst | Wayne, Nj | Jul 3, 2023 | 12 y | 0 |
| Raymond Quinn Samuels | Wayne, Nj | Nov 26, 2025 | 14 y | 3 |
| Rasik Sharma | Wayne, Nj | Apr 27, 2026 | 10 y | 1 |
| Reegan Ronald Capozzoli | Wayne, Nj | May 13, 2026 | 13 y | 1 |
| Charles Ian Salvador | Wayne, Nj | Aug 19, 2026 | 27 y | 1 |
Advisor movement
1 left, 4 joined in 12 months
net +3 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 20% of current headcount1 left over 36 months
Left, latest
- Marc Phillip Damiano to Valorem LLCNov 5, 2025 · RIA to a newly registered adviser
Joined, latest
- Charles Ian Salvador from Zorea Capital LPAug 19, 2026 · Other
- Reegan Ronald Capozzoli from Equitable Advisors, LLCMay 13, 2026 · Affiliated broker-dealer or bank to independent RIA
- Rasik Sharma from Tsg Alpha Partners, LLCApr 27, 2026 · Other
- Raymond Quinn Samuels from Fidelity Personal And Workplace AdvisorsNov 26, 2025 · Affiliated broker-dealer or bank to independent RIA
- Marc Phillip Damiano from Rock Den Advisors, LLCMay 15, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Ram Ahluwalia · President/Chief Compliance Officercontrolsince 08/2022 · owns less than 5%
- Ram Ahluwalia · Trusteecontrolsince 07/2022 · owns 75% or more of Asmaa Ahluwalia 2022 Dynasty Trust
Entity owners
- Lumida, Inc · Principal Ownerdirect · owns 75% or more
- Asmaa Ahluwalia 2022 Dynasty Trust · Memberindirect · owns 50% to 75% of Lumida, Inc
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Wayne, Nj · principal | 5 | 4 | 1 |
Offices
Schedule D 1.F, the 25 largest
- Chevy Chase, MD
- Miami, FL
ADV anomalies
4 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 31, 2026custody of client assets (Item 9.A): no on the filing of 2025-10-30, yes on the filing of 2026-03-31peers: independent wealth managers, $100M to $500M (5,676)
- business activity changedChange between filings · filing Mar 31, 2026financial planning (Item 5.G.1): no on the filing of 2025-10-30, yes on the filing of 2026-03-31peers: independent wealth managers, $100M to $500M (5,676)
- business activity changedChange between filings · filing Mar 31, 2026advises private funds (Item 7.B): no on the filing of 2025-10-30, yes on the filing of 2026-03-31peers: independent wealth managers, $100M to $500M (5,676)
- RAUM up 50 %Change between filings · filing Mar 31, 2026RAUM (Item 5.F) moved from $83,058,912 to $132,820,358 (+60.0%) between the annual amendments of 2025-02-28 and 2026-03-31; the peer median change was +15.0% (4551 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $100M to $500M (4,551) · 97% percentile
What changed
consecutive filings, newest first
- Accounts · 77 to 72Oct 30, 2025 to Mar 31, 2026
- Advisory employees · 1 to 4Oct 30, 2025 to Mar 31, 2026
- Advisory activities · 4 to 5Oct 30, 2025 to Mar 31, 2026
- BD registered reps · 0 to 1Oct 30, 2025 to Mar 31, 2026
- HNW clients · 40 to 37Oct 30, 2025 to Mar 31, 2026
- Assets in custody · unset to 55132504.0Oct 30, 2025 to Mar 31, 2026
- Custody of client assets · false to trueOct 30, 2025 to Mar 31, 2026
- Employees · 4 to 10Oct 30, 2025 to Mar 31, 2026
- Financial planning clients · to 1-10Oct 30, 2025 to Mar 31, 2026
- State-registered IARs · 1 to 4Oct 30, 2025 to Mar 31, 2026
- Other offices · 2 to 1Oct 30, 2025 to Mar 31, 2026
- Private funds · unset to 8Oct 30, 2025 to Mar 31, 2026
- Discretionary RAUM · $149M to $133MOct 30, 2025 to Mar 31, 2026
- HNW RAUM · $76.1M to $78.0MOct 30, 2025 to Mar 31, 2026
- Pooled vehicle RAUM · $72.5M to $54.8MOct 30, 2025 to Mar 31, 2026
- RAUM · $149M to $133MOct 30, 2025 to Mar 31, 2026
- Accounts · 48 to 77May 30, 2025 to Oct 30, 2025
- HNW clients · 33 to 40May 30, 2025 to Oct 30, 2025
- Pooled vehicle clients · 4 to 7May 30, 2025 to Oct 30, 2025
- HQ city · NEW YORK to WAYNEMay 30, 2025 to Oct 30, 2025
- HQ state · NY to NJMay 30, 2025 to Oct 30, 2025
- Discretionary RAUM · $78.4M to $149MMay 30, 2025 to Oct 30, 2025
- HNW RAUM · $47.0M to $76.1MMay 30, 2025 to Oct 30, 2025
- Non-discretionary RAUM · $4.7M to $0May 30, 2025 to Oct 30, 2025
- Pooled vehicle RAUM · $36.1M to $72.5MMay 30, 2025 to Oct 30, 2025
- RAUM · $83.1M to $149MMay 30, 2025 to Oct 30, 2025
- Financial planning clients · unset to Feb 28, 2025 to May 30, 2025
- Other offices · 0 to 2Feb 28, 2025 to May 30, 2025
- Accounts · 15 to 48Jul 22, 2024 to Feb 28, 2025
- Advisory activities · 3 to 4Jul 22, 2024 to Feb 28, 2025
- Charity clients · 0.0 to unsetJul 22, 2024 to Feb 28, 2025
- Corporate clients · 0.0 to unsetJul 22, 2024 to Feb 28, 2025
- HNW clients · 12 to 33Jul 22, 2024 to Feb 28, 2025
- Individual clients · 0.0 to unsetJul 22, 2024 to Feb 28, 2025
- Pension plan clients · 0.0 to unsetJul 22, 2024 to Feb 28, 2025
- Pooled vehicle clients · 3 to 4Jul 22, 2024 to Feb 28, 2025
- Employees · 5 to 4Jul 22, 2024 to Feb 28, 2025
- Financial planning clients · 0 to unsetJul 22, 2024 to Feb 28, 2025
- Other offices · 2 to 0Jul 22, 2024 to Feb 28, 2025
- Private funds · 1 to unsetJul 22, 2024 to Feb 28, 2025
Signals
2 dated events
- Marc Phillip Damiano left Lumida Wealth Management Llc for Valorem Llc (registered 2025-12-24)Nov 5, 2025 · Advisor changed firm · fact
- Lumida Wealth Management Llc filed its initial SEC registration (Form ADV)Sep 30, 2022 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
- Lumida Wealth Management LLC · Independent Sponsorsshared crd · capital_provider
- Lumida Wealth Management LLC · Private Equityshared crd · organization
- Lumida Wealth Management LLC · Venture Capitalshared crd · organization
How to reach
public business contact points only, each with its source
- Business phone
- 833-512-5111reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- lumidawealth.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (917) 541-0170reportedpublic record, Form ADV, Mar 31, 2026
- Contact form
- lumidawealth.com/contactreportedpublished by the firm, firm site, Sep 16, 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
- $26.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026