First Light Asset Management, LLC

RIASEC RegisteredEst. 2013

Total AUM

$1.4B

Discretionary

$1.4B

100% of AUM

Avg account

$1.6M

Accounts

861

Employees

Advisory reps

Firm details

Headquarters: Edina, Minnesota
CRD number: 168899
Registered since: September 20, 2013
Website: firstlightam.com
Custodians: RBC CAPITAL MARKETS, LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Performance Based Fees
Client types: Pooled Investment Vehicles69.29%
HNWI25.21%
Individuals2.94%
Corporations / Businesses1.88%
Pension & Profit Sharing Plans0.4%
Services: Portfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

First Light Asset Management, LLC is a privately held investment manager organized as an LLC and registered with the SEC since 2013. The firm operates with a hedge-fund orientation, offering portfolio management to individuals and families, pooled investment vehicles, and businesses or institutions. It also functions in commodity pool/commodity trading adviser roles and serves as sponsor, general partner, and managing member of pooled vehicles it runs. Fee arrangements combine a percentage-of-assets model with performance-based fees. First Light does not market itself as an ESG-focused manager and is not a multi-state adviser.