Wealth Management
A comprehensive yet strategic approach.
The Lumos Wealth Advisors team takes pride in offering a refined, comprehensive approach to wealth management in Richmond, VA, designed to meet the needs of high-net-worth individuals. Our clients come to us with complex financial goals, and we’re here to provide a strategic, customized plan that seeks to build, preserve, and expand your wealth.
Personalized Investment Management
Your wealth is unique, and your investment strategy should be too. Our firm takes a personalized approach to investment management, understanding your financial objectives, time horizon, and risk tolerance. By incorporating equities, fixed income, real estate, and alternative investments, we create a robust investment strategy that aims to grow your wealth while reducing unnecessary risk.
Our disciplined investment approach includes continuous portfolio monitoring and rebalancing to keep it in line with your objectives and the evolving market environment. When you partner with Lumos, you gain thoughtful decision-making and careful analysis of market trends.
Disclosure: Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.
Stock investing includes risks, including fluctuating prices and loss of principal.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price.
Alternative investments may not be suitable for all investors and involve special risks such as leveraging the investment, potential adverse market forces, regulatory changes and potentially illiquidity. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
Tax Planning
Effective tax planning is a cornerstone of wealth management in Richmond, VA, especially for affluent individuals facing complex tax situations. That’s why we take a strategic, proactive approach to tax planning, identifying opportunities to reduce your tax burden both now and in the future. Our goal is to help you make the most of your investments while also safeguarding the wealth you’ve worked hard to build.
Together, we work to implement tax-efficient investment strategies that can help lower capital gains taxes, optimize retirement contributions, and incorporate tax-advantaged vehicles such as trusts or charitable giving. We also evaluate potential tax law changes to help you prepare for shifting tax environments, aligning your financial strategy with your goals and best interests.
LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial.
Comprehensive Risk Management
Shielding your wealth is just as important as growing it. We understand the complexities of risk management and employ sophisticated tools to manage your financial well-being. Our team continuously monitors your portfolio’s performance and adapts strategies to account for any changes in your financial landscape. By analyzing potential risks, including market volatility, inflation, and tax law shifts, we seek to preserve your wealth, no matter what life brings.
Instead of just avoiding losses, our approach to risk management seeks to optimize your portfolio to weather market fluctuations while continuing to grow your wealth in the long term.
Ongoing Education and Communication
An informed client is an empowered client, which is why we place great emphasis on educating our clients about their financial choices and opportunities. We ensure that you always have the knowledge and confidence to make the financial decisions best suited to your circumstances.
Free Download
Our free guide reveals key tax planning strategies that seek to maximize savings and keep more of your hard-earned wealth in retirement.
