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 independent registered investment adviser organized as an LLC. The firm has been SEC-registered since 2014 and positions itself as a capital allocator serving both individual and family clients as well as institutional investors. Its advisory services include financial planning, portfolio management for individuals, small businesses and institutions, and the selection of third‑party advisers. Lantern operates under a mix of fee arrangements—percentage of assets under management, hourly charges and fixed fees—and maintains industry affiliations with broker‑dealers, other investment advisers and insurance companies. The firm 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 119Active vs passive
$148M in ETFs
59%
$87.2M
33%
$60.8M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| AVANTIS US EQUITY ETF (AVUS) | Avantis | Active | Large Blend | $11.1M | 86,529 | 7.49% |
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
Similar firms
APS Wealth Management, LLC
RIAMelville, NY
Pelkonen and Associates LLC
RIAMelville, NY
Clear Point Advisors, Inc.
RIAMelville, NY
Prospect Financial Services LLC
RIAMelville, NY
Landmark Wealth Management, LLC
RIAMelville, NY
Excomp Asset Management Ltd
RIAMelville, NY