Lightedway Advisory Services, Inc
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Learn more about Lightedway Advisory Services, Inc
Overview
Lightedway Advisory Services, Inc is an advisory firm that has its headquarters in Harrison, New York. The company controls $70.0 million in total assets across 216 client accounts. Lightedway Advisory Services, Inc has a small team, including 1 financial advisor. Lightedway Advisory Services, Inc is not a registered broker-dealer, meaning it is not able to buy and sell securities for its accounts and those of its clients and instead has to go through a broker-dealer firm to do so. Securities are defined as exchangable fiscal investments like options, bonds and stocks.
Lightedway Advisory Services, Inc oversees all of its client assets in a discretionary manner. Discretionary management signifies that a portfolio manager has the discretion to make buy and sell judgments for the client's account without needing the customer's authorization. The investment advisory firm's typical account size is $324,074. The typical financial advisor at Lightedway Advisory Services, Inc administers around 216 client accounts.
Lightedway Advisory Services, Inc's main office is located at 83 Calvert St, Harrison, New York 10528. The firm is registered to provide services to investors throughout a number of states, including New Hampshire, New Jersey, New York and Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Lightedway Advisory Services, Inc by the Numbers
$70.0 million
1
216
$324.1 thousand
Fee Structure
Fees charged by financial advisors depend on the services offered. Fees charged by the firm typically consist of the following fee type: asset-based. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
-
Offered by 69% of firms
Percentage of Assets
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 26% of firms that offer this fee type
Performance-based
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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
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Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The company provides services to retail investors and high net worth investors. Out of its 216 clients, Lightedway Advisory Services, Inc's biggest client type is high net worth investors, although it also manages money for 60 high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 in AUM or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers are non-U.S. persons.
- High-Net-Worth Individuals* - 60%
- Other Individuals - 40%
- Corporations - 0%
- 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
Lightedway Advisory Services, Inc does not have any disclosures.
Please visit its Form ADV for more details.
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Financial Advisors at Lightedway Advisory Services, Inc
Harrison, NY
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