About

About Lumenary

Lumenary is a research house specialising in founder-led companies. Its classification methodology identifies founder and family influence across a global listed universe and underlies a family of independently administered indices. The firm is based in Melbourne, Australia, holds an Australian Financial Services Licence, and develops its research with academic collaborators internationally.

What we do

Methodology

A proprietary framework classifying founder and family influence on ownership, governance and leadership factors, applied across a global listed universe and refreshed annually.

Methodology

Indices

A family of global indices built on the classification, calculated and administered independently and available for licensing.

Licensing

Fund

The Lumenary Global Founders Fund applies the methodology in a managed portfolio for Australian wholesale investors.

Funds
~4,500

listed companies classified

~14,700

listed companies screened globally across all capitalisation bands

46

countries represented in the 2026 founder-led cohort

2016

first published research on founder-led companies

Leadership and governance

Lawrence Lam

Managing Director & Founder

Lawrence Lam founded Lumenary in 2016 and leads its research and index programme. He is the author of The Founder Effect (Wiley, 2025) and writes on founder-led companies for the Australian Financial Review, Morningstar and Firstlinks. He has more than 20 years’ experience across investment management, institutional banking and prudential regulation, and holds a Master of Applied Finance, a Graduate Diploma in Corporations and Securities Law and a Bachelor of Commerce from the University of Melbourne.

Ian Todd

Advisory Panel Member

Ian Todd is a pharmacist, entrepreneur and company director with more than 30 years in advocacy and board roles at state and national level, including as chairman of Guildlink and director of Guild Group. He has founded and grown pharmacy and medical practices, and a complementary-medicines business that became a multinational manufacturer and distributor across Australia, Singapore and the Middle East. He brings a practitioner’s understanding of businesses with a founder’s spirit.

Phil Aris

Advisory Panel Member

Phil Aris has more than 20 years’ experience at chief executive, managing director and board level across Australia, Asia and the United Kingdom. He is a non-executive director of Credit Corp Group (ASX:CCP) and chairman of Xpon Technologies; earlier roles include chief executive of Countplus (ASX:CUP) and Total Financial Solutions Australia, and head of credit cards at Commonwealth Bank. He founded Aris and Associates, a management consulting firm, and provides strategic input to Lumenary.

Regulatory and entity details

Lumen Investment Management Pty Ltd, trading as Lumenary, ABN 31 616 119 941, holds Australian Financial Services Licence 493790. The firm was established in 2016; the Lumenary Global Founders Fund has operated since July 2017. The firm is based in Melbourne, Australia. Governance of the methodology and the index family is described on the Governance page.

Talk to us about the methodology, the indices or the research.

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