LIGHT FINANCIAL SERVICES, INC.

RIASEC RegisteredEst. 2022

Total AUM

$176M

Discretionary

$175M

100% of AUM

Avg account

$97K

Accounts

1,810

Employees

Advisory reps

Firm details

Headquarters: FARGO, North Dakota
CRD number: 131678
Registered since: April 5, 2022
Website: www.lightfinancialservices.com
Custodians: CHARLES SCHWAB & CO., INC., MATRIX SECURITIES, INC.
Fee structure: Percentage of AUM, Fixed Fees
Client types: Individuals74.45%
HNWI23.96%
Corporations / Businesses1.59%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Light Financial Services, Inc. is an independent, SEC-registered registered investment adviser that began filing with the SEC in 2022. The firm is structured as a corporation owned by an individual and identifies itself as a capital allocator serving both individual & family and institutional clients. Its fee model blends percentage-of-AUM billing with fixed fees. Advisory services are focused on financial planning, portfolio management for individuals and small businesses, selection of other advisers, and running educational seminars or workshops. The firm does not identify as an active ESG investor, is not a multi-state adviser, and does not act as a pension consultant.