Informing Views

Why We Celebrate Mentors


Helping Today’s Youth Believe They Can

Mentors change lives. That’s why Harvard’s Center for Health Communication designated January as National Mentoring Month, a yearly campaign to raise awareness of the positive effects of mentoring and encourage people to become a mentor.

Why mentor?
Giving a little of your time can make a big impact, as demonstrated by a landmark study which showed that young people were 46% less likely to use drugs, 53% less likely to skip school, felt more competent in their abilities and about the future and had more positive relationships when mentored.1 Another report showed that at risk students were 55% more likely to enroll in college when mentored.2 Mentors provide guidance and encouragement that fosters success.

Do you have what it takes to #MentorIRL?
Mentors are positive role models who help young people gain self-confidence and achieve their goals. If you are interested in mentoring, some local organizations that provide volunteer opportunities include:

First Tee of Cleveland – teaches life lessons and leadership through golf.

College Now, Greater Cleveland – improves graduation rates for many kids, especially those who face the challenge of being the first in their families to attend college.

Boys and Girls Clubs of Cleveland (the first to include girls) – helps children in need achieve academic success, live a healthier lifestyle and develop character.

Big Brothers Big Sisters of Greater Cleveland – establishes mentoring friendships to help young people achieve their potential.

Merrick House (our 2019 Community Beacon) – offers a variety of youth programs to help keep at risk kids safe, grow up to achieve their goals and become community leaders.

How does Luma Wealth mentor?
We’re tackling two of our goals, empowering girls and training the next generation of wealth advisors, through the Luma Internship and Scholarship (LIS) program. In partnership with Laurel School, a nationally recognized private school for girls founded in 1896, the LIS offers selected students a two year internship that provides exposure to a range of wealth management activities, such as financial planning, marketing and operations, with a financial stipend and scholarship toward tuition. Heather Ettinger, Luma Wealth founder and former Laurel School student, launched the program last year, on International Women’s Day. In addition to the LIS, many of our team members volunteer their time at local non-profit organizations, to help inspire others to succeed. Learn more about our first intern.

Clients have told us they enjoy giving back. Whether you choose to mentor, volunteer in other ways or support causes financially, Luma Wealth is here to help. Talk to your advisor about creating a strategy for philanthropic giving or follow us on social media to learn more about ways to give.

1Harvard Mentoring Project, Center for Health Communication, Harvard T.H. Chan School of Public Health

2Who Mentored You, National Mentoring Month, Harvard T.H. Chan School of Public Health, December 2019


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This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors.

All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. The team and Hightower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice.

This document was created for informational purposes only; the opinions expressed are solely those of the team and do not represent those of Hightower Advisors, LLC, or any of its affiliates.