LIGHT FINANCIAL SERVICES, INC.
Adviser information for LIGHT FINANCIAL SERVICES, INC. last updated from Form ADV on February 26th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Dakota, United States |
Employees
| Total Number of Employees | 2 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1,591 | $125.2M |
| Non-Discretionary | 8 | $601,392 |
| Total | 1,599 | $125.8M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 575 | $91.1M |
| HNW Individuals | 26 | $34.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 3 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 251-500 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMFixed fees |
Identifiers
| SEC RIA File Number | 801-123619 |
|---|---|
| SEC ERA File Number | 801-123619 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 131678 |
| Legal Entity Identifier | None |
Principal Office
3575 45TH ST SSUITE 112
FARGO
ND
United States
Monday - Friday, 8:30 AM - 4:30 PM
Tel: 701.356.5106, Fax: 701.356.0169
Chief Compliance Officer
PAUL A. LIGHT
PRESIDENT
3575 45TH ST S
SUITE 112
FARGO
ND
United States
Tel:
701-356-5106
Fax:
701-356-0169
P***@*************************M
(Full email address available in API data)
Regulatory Contact
SAMANTHA BLANCHETTE
INVESTMENT ADVISOR REPRESENTATIVE
3575 45TH ST S
SUITE 112
FARGO
ND
United States
Tel:
701-356-5106
Fax:
701-356-0169
S*******@*************************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| LIGHT, PAUL, ARTHUR | Individual | – | PRESIDENT, SECRETARY, TREASURER, DIRECTOR, CHIEF COMPLIANCE OFFICER | 12/2003 | > 75% |