What's new at Luminary: November update

Luminary’s Balance Sheet: built for estate planning

Introducing Luminary’s newest addition to our client reporting package, the balance sheet report. This new feature delivers a comprehensive summary of your client’s net worth, organizing assets and liabilities intelligently to drive effective estate planning discussions. With customizable asset categories and configurable views, the balance sheet can be tailored precisely to your client conversations.

Features include:

• A complete picture: Get a holistic view of your clients estate, including all asset types.
• Flexible asset structuring with categories: Add detailed information and assign assets to categories for grouping.
• In-estate and out-of-estate view: Clearly distinguish between in-estate and out-of-estate holdings.
• Up-to-date values: For customers with a portfolio reporting integration enabled, Luminary will automatically pull in accounts and sync asset values.
• Three ways to present: Share the balance sheet with your clients in your brand’s colors with a variety of options.

Learn More About Balance Sheets

Come visit us during Schwab IMPACT Conference @ Booth 406 from November 19-21, 2024

Luminary is a proud sponsor of Charles Schwab IMPACT 2024, and we’ll be there in person at booth 406 from November 19-21! We’d love to see you and give you an opportunity to win a custom Apple AirTag when you swing by our booth.

Estate waterfall tax overview

Gain deeper insights into tax calculations on estate waterfalls with our new detailed tax overview.

You can now access a distinct view that displays full details of the tax calculations and activities that drive resulting values you see on the waterfall diagram and summary views.

This tax overview page is optionally available in the client presentation builder, making it easy to share directly with your clients.

Annual Exclusion Update

Annual exclusion amounts have been updated in Luminary for 2025, in line with IRS adjustment. The 2024 amount remains the same.

Add Manually Tracked Assets to Linked Entities

Your Luminary integration with Addepar and Black Diamond just got even more powerful.

You can now easily add manually tracked assets to any entity linked to a portfolio management provider, even if that asset isn't entered in the portfolio manager itself. Just toggle on "manually track additional assets" to any linked entity, and start capturing a more comprehensive picture of your client’s estate.

To learn more about Luminary, visit us at https://www.withluminary.com/