Lightbay Capital
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Overview
Lightbay Capital is a financial advisory firm based in Los Angeles, California. Lightbay Capital handles $2.0 billion in assets under management over six accounts, making it one of the largest investment advisory firms in the country by assets under management (AUM). It has a small group, including 18 financial advisors. Lightbay Capital is not a registered broker-dealer, meaning the firm is not able to buy and sell securities for its own accounts as well as its clients' and instead is required to go through a broker-dealer firm to do so. Securities are tradable financial investments like stocks, options and bonds.
Lightbay Capital manages all of the company's client assets on a discretionary basis. Discretionary management signifies that buy and sell choices for the client's account are made by a portfolio manager without needing the client's authorization. Lightbay Capital's typical account size is $336.7 million. The average financial advisor at Lightbay Capital administers fewer than one client account, making it one of the most individualized firms in the country.
The company's main office is at 11601 Wilshire Blvd, Los Angeles, California 90025. The company is legally registered to provide services to customers in the state of California.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Lightbay Capital by the Numbers
$2.0 billion
24
6
$336.7 million
Fee Structure
A financial advisor's fees largely vary depending on which service is offered. However, fee types charged by Lightbay Capital most likely consist of some combination of the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
It works with pooled investment vehicles. Out of its six customers, Lightbay Capital's biggest client is pooled investment vehicles. None of its accounts are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Disclosures
Lightbay Capital does not have any disclosures.
Please visit its Form ADV for more details.
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