Luminary Wealth

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Client assets under management

$73,979,915

Clients

17% high-net-worth

Advisors

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

Low

Average account size

$1,041,971

About

Luminary Wealth (doing business as Capstone Advisors) provides investment management and advisory services to individuals, high-net-worth clients, trusts, qualified retirement plans, small businesses, and institutional clients. The firm also offers participant-directed employee benefit plan consulting, financial planning, and analysis for alternative investments and concentrated equity positions.

The firm constructs long-term, diversified portfolios guided by a written investment policy statement and academic frameworks such as modern portfolio theory and the capital asset pricing model. Portfolios typically rely on no-load mutual funds and ETFs—notably funds sponsored by Dimensional Fund Advisors—while also accommodating model portfolios, individual equities, and coordinated tax-aware diversification of concentrated positions; the firm may manage held-away accounts (401(k)s, HSAs, 403(b)s, 529s) using a third-party order management tool to implement and rebalance strategy across custodians.

Compared with many small advisory firms, Luminary Wealth shows a few atypical features: an internal ownership transfer effective January 1, 2026 that left prior owners with retained authority to direct management and policies, and a substantial portion of its advised assets held in participant-directed retirement plans (as reported in its brochure). The three-advisor team holds an unusual mix of advanced professional credentials and the firm leverages third-party platforms and service providers for trade processing and held-away account implementation.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Concentrated stock management Equity compensation tax strategy Passive / index investing Retirement plans for business owners (SEP, solo 401k)

Occupation focus

Executive Founder/Business Owner

Fee options

Fixed

Fixed fees negotiated; $500 to $10,000 for individuals, $5,000 to $15,000 for institutional and qualified plans

Percentage

$0 - $499,999: 1.25% $500,000 - $999,999: 0.90% $1,000,000 - $1,999,999: 0.80% $2,000,000 - $2,999,999: 0.70% $3,000,000 - $4,999,999: 0.50% $5,000,001+: 0.40%

Project-based

$200 per hour

Other

Minimum fee: $7,500 annual minimum fee, may be waived under certain criteria Fee-only: Hourly fees at $200 per hour; Fixed fees negotiated, $500 to $10,000 for individuals, $5,000 to $15,000 for institutional/qualified plans

Main office location

Luminary Wealth

7910 Carnegie Blvd.

Fort Wayne IN 46804, United States

Number of offices

Most active in

Indiana · North Carolina

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 260-420-2500

Advisors at this firm

Andrew K

Series 65

Fort Wayne, IN

Luminary Wealth

Andrew Krafft is a financial advisor at Luminary Wealth with seven years of industry experience. He holds a Series 65 designation and previously worked at Ernst & Young from 2014 to 2017 before joining Capstone Advisors LLC in 2018. Luminary Wealth serves individuals, trusts, qualified retirement plans, small businesses, and institutional clients, offering investment management, financial planning, retirement-plan consulting, and participant-directed employee benefit plan services. The firm employs investment strategies based on modern portfolio theory and the capital asset pricing model, utilizing no-load mutual funds, ETFs, and model portfolios.

Concentrated stock management Equity compensation tax strategy Passive / index investing Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner

Robert K

CFA®

Fort Wayne, IN

Luminary Wealth

Robert Krafft is a CFA® charterholder with 23 years of industry experience. He is a financial advisor and principal at Capstone Advisors, LLC, which operates as Luminary Wealth, and has been with the firm since 2002. Luminary Wealth serves individuals, trusts, qualified retirement plans, small businesses, and institutional clients, offering investment management, financial planning, and retirement-plan consulting. The firm constructs long-term diversified portfolios based on modern portfolio theory and the capital asset pricing model, typically utilizing no-load mutual funds and ETFs, including Dimensional Fund Advisors (DFA) funds.

Concentrated stock management Equity compensation tax strategy Passive / index investing Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner

Robert R

Series 65

Fort Wayne, IN

Luminary Wealth

Robert Rachlow is a financial advisor at Luminary Wealth with 22 years of industry experience. He holds a Series 65 designation and has worked at Larson Financial Group, LLC since 2011 and Capstone Advisors, LLC since 2002, where he is also a principal. Luminary Wealth serves individuals, trusts, qualified retirement plans, small businesses, and institutional clients, offering investment management, financial planning, retirement-plan consulting, and participant-directed employee benefit plan services. The firm uses written investment policy statements and long-term diversified portfolios based on modern portfolio theory and the capital asset pricing model, typically employing no-load mutual funds, ETFs, and model portfolios.

Concentrated stock management Equity compensation tax strategy Passive / index investing Retirement plans for business owners (SEP, solo 401k) Executive Founder/Business Owner

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