Lumen Capital
Lumen Capital (Schweiz) AG is a Zurich-based, FINMA-licensed independent wealth manager founded in 2021 that delivers discretionary asset management through an open architecture platform to high-net-worth individuals, families, and international private clients.
- Company typePrivate
- Founded2021
- HeadquartersZürich, Switzerland
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Lumen Capital does
Lumen Capital (Schweiz) AG is a Zurich-based independent wealth management firm founded in 2021 and licensed by the Swiss Financial Market Supervisory Authority (FINMA) under Article 17(1) of the Financial Institutions Act. The company provides discretionary and advisory asset management services to high-net-worth individuals, families, and international private clients, with a stated focus on long-term wealth preservation, generational wealth transfer, and risk-adjusted returns exceeding inflation. Its core offering is delivered through an open architecture investment platform that spans stocks, bonds, collective investment schemes, structured products, and derivatives, with no proprietary products sold to clients in order to avoid conflicts of interest.
The firm operates from two Swiss offices (Zurich headquarters at Stockerstrasse 54 and a branch in Wollerau) and gives clients choice of custodian bank from a network that includes UBS, Pictet, Zürcher Kantonalbank, Vontobel, Syz, and Liechtensteinische Landesbank. The underlying technology stack is limited to standard web infrastructure (Webflow, Google Analytics); investment processes rely on fundamental analysis, macroeconomic assessment, and risk management rather than proprietary quantitative platforms.
Revenue is generated primarily through recurring asset management fees on client portfolios, with the possibility of third-party compensation disclosed in client contracts. The firm is led by Chairman Wilfried Kofmehl (founder of the predecessor Singapore entity Lumen Capital Investors in 2010) and CEO Andreas Luder, supported by CIO Matthias Dominik Bachmann, COO Christine Dellagiacoma, and a partner bench whose prior careers span UBS AG, Julius Baer, RBS Coutts, Bank Syz, MainFirst, Craton Capital, Partners Group, and RobecoSAM. The company is privately held by its partners with no disclosed institutional or parent ownership.
Lumen Capital firmographics
Firmographics- Name
- Lumen Capital
- Legal name
- Lumen Capital (Schweiz) AG
- Website
- https://lumencapital.ch
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Lumen Capital (Schweiz) AG is a Zurich-based, FINMA-licensed independent wealth manager founded in 2021 that delivers discretionary asset management through an open architecture platform to high-net-worth individuals, families, and international private clients.
- Ownership category
- akta.pro rank
Lumen Capital industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)
- akta.pro secondary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Lumen Capital is headquartered
LocationHeadquarters
- HQ city
- Zürich
- HQ country
- Switzerland
- HQ region
- Europe
Offices2 records
Markets served
Lumen Capital business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Asset Management / Wealth Management Fees: Lumen Capital generates revenue through asset management fees charged for discretionary portfolio management services. The firm manages assets on behalf of clients who deposit funds with custodian banks. Lumen executes transactions at its own discretion while ensuring alignment with client financial circumstances and investment objectives.
- Third-party Compensation: Within the scope of providing financial services, Lumen may accept compensation from third parties. Whether Lumen accepts compensation from third parties, the type, the extent, the calculation parameters and the ranges are defined in the contract with the client.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Lumen Capital product offering
Product offeringCore offering
Lumen Capital (Schweiz) AG provides discretionary wealth management and asset management services for qualified high-net-worth individuals and families through an open investment platform. The firm manages client portfolios according to individualized risk profiles and investment objectives, with access to a broad global universe of stocks, bonds, collective investment schemes, structured products, and derivatives. Clients select their preferred custodian bank from a network of institutional partners, and Lumen executes investment decisions at its own discretion while ensuring alignment with each client's financial circumstances and goals.
Product overview
Lumen Capital operates as a single, unified wealth management service rather than a platform-plus-modules architecture. The core offering is comprehensive wealth management delivered through an open investment platform, supported by a network of custodian bank partnerships. The firm does not offer proprietary financial products, instead providing independent asset management with access to a broad universe of external investment instruments selected based on individual client needs, risk profiles, and investment objectives.
Differentiator
Problem solved
Functional benefit
Products and services
- Wealth Management Services Comprehensive discretionary wealth management and asset management services for qualified high-net-worth individuals and families. Portfolios are constructed according to individualized risk profiles and investment objectives, using dynamic asset allocation and long-term return strategies across a global investment universe. Services are delivered through an open architecture platform without proprietary products.
- Open Investment Platform An open architecture investment platform offering access to a broad range of financial instruments including stocks, bonds, collective investment schemes, structured products, and derivatives, without proprietary product conflicts. Clients can choose their preferred custodian bank from a network of institutional partners (UBS, Pictet, Zürcher Kantonalbank, Vontobel, Syz, Liechtensteinische Landesbank) while Lumen manages the assets.
Companies that use Lumen Capital
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Lumen Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lumen Capital partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- UBScoreUBS serves as a custodian bank partner, providing custody services for client assets. Clients can choose UBS as their preferred booking platform for securities and cash holdings.
- PictetcorePictet serves as a custodian bank partner, offering custody and banking services. Clients may select Pictet as their preferred custodian bank for portfolio assets.
- Zürcher KantonalbankcoreZürcher Kantonalbank (ZKB) serves as a custodian bank partner, providing banking and custody services. Available as a booking platform option for Swiss-based clients.
- VontobelcoreVontobel serves as a custodian bank partner, offering custody and asset servicing. One of the platform choices available to clients for holding securities.
- Syz BankcoreSyz Bank serves as a custodian bank partner, providing custody services for client assets. Available as a booking platform for client portfolios.
- Liechtensteinische Landesbank (LLB)coreLiechtensteinische Landesbank (LLB) serves as a custodian bank partner, offering banking and custody services. Available as an alternative custodian option, particularly for clients with cross-border requirements.
- FINcontrol Suisse AGcoreFINcontrol Suisse AG serves as the supervisory organization for Lumen Capital, conducting ongoing oversight of the firm's operations and compliance with regulatory requirements.
- Financial Ombudsman Service Switzerland (FINOS)coreFINOS is the independent ombudsman service recognized by the Swiss Federal Department of Finance. Lumen Capital is affiliated with FINOS, providing clients with access to dispute resolution for legal claims.
Scale indicators3 records
Recent moves9 records
Expansion highlights4 records
Lumen Capital competitors and assessment
Company assessmentDirect peers
- Maerki Baumann & Co. AG: Zurich-based, partner-owned independent Swiss wealth manager serving HNW and UHNW clients with open-architecture discretionary mandates — directly comparable in client focus, ownership model, and boutique scale.
- Bank Syz AG: Geneva-based Swiss private bank serving sophisticated international HNW clients with discretionary and advisory mandates; multiple Lumen partners (Rollero, Sigg) previously held senior roles at Syz, making it a strong directional peer in target client and service mix.
- VP Bank AG: Liechtenstein-headquartered private bank with a similar mid-sized European HNW client franchise, open-architecture products, and strong Swiss/Cross-border presence — directly comparable boutique-to-mid-scale wealth manager.
- VZ VermögensZentrum: Swiss independent wealth manager and financial advisor serving affluent and HNW clients with transparent, open-architecture offerings — a comparable independent distribution model in the same Swiss market.
- Bonhôte & Cie: Independent Geneva-based private bank serving HNW clients with discretionary wealth management, sub-asset-management for external advisors, and open-architecture — directly comparable Swiss boutique EAM model.
Broad incumbents
- EFG International: Swiss-listed private banking group with global HNW and UHNW coverage, including ex-BSI franchise; competes with Lumen for the same qualified-investor segment but at materially larger scale.
- Julius Baer Group: One of Switzerland's largest pure-play private banks, focused on HNW and UHNW discretionary and advisory wealth management; Lumen's founder Kofmehl was previously CEO of its Singapore operations, making it a direct antecedent and incumbent peer.
- Pictet Group: Geneva-headquartered Swiss private bank and asset manager serving global HNW clients; one of Lumen's six custodian bank partners and a benchmark incumbent in the same Swiss HNW market.
- Vontobel Holding AG: Swiss-listed bank and wealth manager with private client and asset management franchises; serves as one of Lumen's custodian bank partners and competes for the same HNW advisory and discretionary mandates.
Regional players
- Liechtensteinische Landesbank (LLB): Liechtenstein-headquartered universal bank with private banking, asset management, and custody; serves as a Lumen custodian bank partner and is a comparable mid-sized cross-border wealth manager in the broader DACH/Liechtenstein market.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks7 records
Key highlights6 records
Customer concentration
Lumen Capital social profiles
Digital presenceLumen Capital compliance and trust
Trust signalCompliance3 records
Lumen Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lumen Capital leadership team
Management profileNumber of profiles
Profiles10 records
Lumen Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lumen Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lumen Capital
What does Lumen Capital do?
Lumen Capital (Schweiz) AG provides discretionary wealth management and asset management services for qualified high-net-worth individuals and families through an open investment platform. The firm manages client portfolios according to individualized risk profiles and investment objectives, with access to a broad global universe of stocks, bonds, collective investment schemes, structured products, and derivatives. Clients select their preferred custodian bank from a network of institutional partners, and Lumen executes investment decisions at its own discretion while ensuring alignment with each client's financial circumstances and goals.
Is Lumen Capital a public or private company?
Lumen Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Lumen Capital founded?
Lumen Capital was founded in 2021. It employs 1 to 10 people.
Where is Lumen Capital based?
Lumen Capital is headquartered in Zürich, Switzerland, in the Europe region.
How does Lumen Capital make money?
Two revenue lines are on record. Asset Management / Wealth Management Fees are the primary driver. The others are third-party Compensation.
Who are Lumen Capital's main competitors?
Direct peers on record are Maerki Baumann & Co. AG, Bank Syz AG, VP Bank AG, VZ VermögensZentrum and Bonhôte & Cie. Broad incumbents are EFG International, Julius Baer Group, Pictet Group and Vontobel Holding AG. Liechtensteinische Landesbank (LLB) is listed as a regional player.
Does Lumen Capital have an API?
No public API is recorded for Lumen Capital.
What industry is Lumen Capital in?
Lumen Capital's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAC, Portfolio Management–Led RIAs (Discretionary/Model-Based), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.