Luminist Capital LLC

5. FEES AND COMPENSATION
Financial Planning and Consulting Services
The Adviser may charge either an hourly or a fixed fee for financial planning and consulting
services. The fixed fee ranges from $500 to $10,000 and the hourly rate ranges from $150 - $1,000
per hour. The fee is negotiable and is based upon the number of topics covered, the amount of time
required to research the client’s situation and whether a written plan in requested. The Planning
fee is due upon delivery of the plan.
A client may terminate the financial planning and consulting service for any reason within the first
five (5) business days after signing the contract without any cost or penalty. Thereafter, the contract
may be terminated by either the client or the Adviser at any point in time through written notice to
the party’s respective address of record.
Portfolio Management Services
Fees for portfolio management services will be based on the assets under management. The annual
fee is 2.00%. The fee is negotiable, and the client contract will reflect the negotiated fee. A client
may aggregate multiple accounts to negotiate a lower fee. Cash balances and investments in money
market funds, demand deposit accounts, and certificates of deposit in the account are included in
the fee calculations.
The management fees are calculated in one of two ways dependent on the custodian that holds the

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client’s funds:
For accounts held at Interactive Brokers, the management fees are calculated on a daily basis by
the account’s custodian and collected monthly. The management fee is based on the day’s end
custodian reported account balance and prorated for the number of business days in the year.
For accounts held at Charles Schwab & Co., Inc. (“Schwab”), the management fees will be paid
monthly, in advance, based on the account value as of the last business day of the prior month.
The monthly statement will reflect the management fees withdrawn. The client will be asked to
authorize the firm with the ability to withdraw its fee from the client’s account. The client may
terminate this authorization at any time by giving the firm and the custodian notice.
The firm’s fees are exclusive of brokerage commissions, transaction fees, and other related costs
and expenses that are incurred by the client. Clients may incur certain charges imposed by
custodians, brokers, third-party investment advisers or other third parties such as fees charged by
managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer
and electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions. Mutual funds and exchange-traded funds also charge internal management fees,
which are disclosed in a fund’s prospectus. Such charges, fees and commissions are exclusive of
and in addition to the firm’s fees and the firm does not receive any portion of these commissions,
fees, and costs.
Item 12 further describes the factors that the firm considers in selecting or recommending
broker/dealers for client transactions and determining the reasonableness of their compensation
(e.g., commissions).
A client may terminate this service for any reason within the first five (5) business days after
signing the contract without any cost or penalty. Thereafter, the contract may be terminated at any
time by giving seven (7) days written notice to Luminist Capital LLC, 4981 Cascade Road Suite
C, Grand Rapids, MI 49546. Clients will receive a prorated refund for any unearned fees. Please
note the prorated refund may be adjusted for additional deposits and withdrawals to the advisory
account within the termination month. If permitted by the client’s custodian the refund will be
deposited into the client’s account; otherwise, the refund will be paid to the client by company
check directly to the client within 30 days of the termination notice receipt.
Selection of Third-Party Investment Advisers
When we are a promoter for the recommended Third-Party Adviser, we do not charge a separate
fee for the service. Instead, we enter into an agreement with the Third-Party Adviser and share in
a portion of its management fee that is charged to the client. The exact amount will be disclosed
in the Third-Party Adviser’s Promoter Disclosure Document. Additionally, when the management
fee is withdrawn (quarterly or monthly, in advance or in arrears) it will vary with each Third-Party
Adviser. These details will be disclosed in the Third-Party Adviser’s ADV Part 2A and the Third-
Party Adviser’s Promoter Disclosure Document; both documents will be given to the client upon
solicitation.
As established in Item 10.D – Other Industry Affiliations, by receiving a portion of the Third-Party

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Advisor’s management fee, this creates a conflict of interest for the Adviser. The sharing of the
management fees creates a financial incentive to recommend Third Party Advisers that would pay
us a higher percentage of their fee. We attempt to mitigate the conflict of interest to best of our
ability by placing the client’s interest ahead of our own, through our fiduciary duty and by
following our Code of Ethics that establishes ideals for ethical conduct.
The fee paid to the Third-Party Adviser (which we share in) is separate and distinct from any
brokerage and custodian fees or expenses. These fees and expenses may include transaction fees,
or other related costs and expenses. Additionally, clients may incur certain charges imposed by
custodians, brokers, third party investment and other third parties such as fees charged by
managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire transfer
and electronic fund fees, and other fees and taxes on brokerage accounts and securities
...

7. TYPES OF CLIENTS
The firm’s services are offered to individuals, trusts, estates, corporations and other businesses
entities. The firm does not require a minimum account size to become a client.