Lument Investment Management, LLC
Answer a few questions and
get matched with an advisor.
Learn more about Lument Investment Management, LLC
Overview
Lument Investment Management, LLC is a financial advisor company that has its headquarters in New York, New York. The firm administers $1.1 billion in assets under management over one customer account, making it one of the bigger financial advisory firms in the country by assets under management (AUM). Lument Investment Management, LLC has a large group, including 53 financial advisors. Lument Investment Management, LLC is not a registered broker-dealer, meaning it is not able to buy and sell securities for its accounts and those of its customers and instead must go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets such as options, bonds and equities.
Lument Investment Management, LLC administers all of its client assets in a discretionary manner. Discretionary management is a structure in which buy and sell judgments for the client's account are made by a portfolio manager without needing to seek the customer's authorization. The company's typical account size is $1.1 billion. An average financial advisor at Lument Investment Management, LLC oversees fewer than one client account, placing it among the most individualized advisor firms in the country.
Lument Investment Management, LLC's central office is located at 230 Park Avenue, New York, New York 10169. The company is legally permitted to serve clients across a number of states, including Illinois, New York, Ohio and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Lument Investment Management, LLC by the Numbers
$1.1 billion
458
1
$1.1 billion
Fee Structure
Fees charged by financial advisors usually depend on the type of services offered. Fees billed by Lument Investment Management, LLC can consist of any blend of the following fee structures: asset-based, performance-based or other. The firm does not supply a wrap fee program, in which the company offers a service bundle for a single fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 10% of firms
Other
Unavailable
Types of Clients
It works with pooled investment vehicles. Lument Investment Management, LLC's largest client by number of accounts is pooled investment vehicles. None of the company's clients are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Disclosures
Lument Investment Management, LLC does not have any disclosures.
Please visit its Form ADV for more details.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.