Lantern Wealth Advisors, LLC
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
FINTRXOverview
Lantern Wealth Advisors, LLC is an SEC-registered investment adviser formed as a limited liability company in 2014. The firm serves both individual and family clients as well as institutional clients and acts as a capital allocator, suggesting it places client capital with outside managers in addition to managing portfolios directly. Its fee arrangements include percentage-of-AUM billing alongside hourly and fixed-fee engagements. Core advisory services listed include financial planning, portfolio management for individuals/small businesses and for businesses or institutions, and the selection of other advisers. The firm reports industry affiliations that include a broker-dealer, another investment adviser, and an insurance company. Lantern does not identify as an active ESG investor.
Assets & Accounts
Public Holdings
Investments & Alternatives
Location & Offices
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- 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
Salvatore Favarolo
Senior Vice President, InvestmentsCRD 3277500
Eugene Lanton
Business DeveloperCRD 501555
Jan Gunther
Vice President of InvestmentsCRD 717809
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 120Active vs passive
$148M in ETFs
59%
$87.1M
33%
$61.1M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| AVANTIS US EQUITY ETF (AVUS) | Avantis | Active | Large Blend | $11.1M | 86,529 | 7.48% |
Location
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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