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 an SEC-registered investment adviser organized as an LLC and operating since 2013. The firm operates as a hedge-fund manager and also carries CPO/CTA activities. Its client base includes high-net-worth individuals and families as well as institutional clients. First Light provides portfolio management across individual accounts, pooled investment vehicles and institutional/business mandates, and it charges both a percentage-of-assets fee and performance-based fees. The firm serves as sponsor/GP/managing member of pooled vehicles rather than acting strictly as a passive allocator and does not identify as an active ESG investor.