LANTERN WEALTH ADVISORS, LLC

RIASEC RegisteredEst. 2014
Total AUM
$320M
Discretionary
$307M
96% of AUM
Avg account
$804K
Accounts
398
Employees
26
Advisory reps
27

Firm details

Headquarters
MELVILLE, New York
CRD number
147420
Registered since
January 15, 2014
Website
heroldlantern.com
Custodians
PERSHING LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI73.29%
  • Charitable Organizations11.22%
  • Individuals10.82%
  • Pension & Profit Sharing Plans4.67%
Services
Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Lantern Wealth Advisors, LLC is an SEC-registered LLC that began reporting advisory activity in 2014. The firm operates as an insurance broker-dealer and maintains affiliations as an investment adviser and with an insurance company. It functions as a capital allocator and serves both individual/family clients and institutional clients. Advisory services listed in regulatory filings include financial planning, discretionary portfolio management for individuals, small businesses and institutions, and selection of other advisers. Lantern bills using a mix of percentage-of-AUM, hourly and fixed-fee arrangements and does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Read the full firm profile in FINTRX →

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 40%, Exchange Traded Equities 39%, Cash & Cash Equivalents 9%, State & Local Bonds 7%, US Government Bonds 4%, Investment Grade Corp Bonds 1%40%
  • Public Funds/Mutual Funds40%
  • Exchange Traded Equities39%
  • Cash & Cash Equivalents9%
  • State & Local Bonds7%
  • US Government Bonds4%

Owners & executives

1 of 1

  • DAPHNE JO STASCO

    Chief Operations OfficerCRD 4962845

Contacts

3 of 26

  • FRANCIS HORNEFF

    Vice PresidentCRD 2766499

  • Michael Bottoni

    Registered Investment Advisor RepresentativeCRD 8074681

  • Peter Katz

    Registered RepresentativeCRD 1005805

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Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 110

Active vs passive

$124M in ETFs

Passive

59%

$73.4M

Active

34%

$50.2M

ETFProviderStyleCategoryValueShares% of portfolio
AVANTIS US EQUITY ETF (AVUS)AvantisActiveLarge Blend$9.2M82,6397.43%
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Location

Primary office

MELVILLE, NY

SUFFOLK

Location

MELVILLE, NY

Headquartered in MELVILLE, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.

Metro area
New York-Newark, NY-NJ-CT-PA
Region
Northeast
County
SUFFOLK
Address
35 Pinelawn Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth