Data / Investment advisers / North Dakota / Light Financial Services, Inc.
Light Financial Services, Inc., Fargo, ND: $176 million AUM, SEC registered investment adviser
Updated November 7, 2026. Source: the SEC's Form ADV data files for investment advisers.
Light Financial Services, Inc. is an SEC registered investment adviser with its main office in Fargo, North Dakota and reports $176 million in regulatory assets under management in its Form ADV filed March 25, 2026. Its clients include individuals, high net worth individuals and corporations and other businesses. It is paid through a percentage of assets under management and fixed fees.
The request: Watch Light Financial Services, Inc. (CRD number 131678): each new Form ADV amendment, with AUM, clients and private funds. $10 of work on sign-up, no card.
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- Registration
- SEC registered investment adviser
- CRD number
- 131678
- SEC file number
- 801-123619
- SEC status
- Approved, effective April 5, 2022
- Main office
- 3575 45th St S Suite 112, Fargo, ND 58104
- Phone
- (701) 356-5106
- Website
- lightfinancialservices.com
- Regulatory AUM
- $175,538,267 in the Form ADV filed March 25, 2026
- Discretionary AUM
- $174,681,675
- Non discretionary AUM
- $856,592
- Accounts
- 1,810
- Employees
- 2, of which 2 give investment advice
- Form of organization
- Corporation
- Paid through
- a percentage of assets under management, fixed fees
- Form ADV Item 11 disclosures
- None reported
- Latest Form ADV filing
- March 25, 2026
- SEC record
- Investment Adviser Public Disclosure
Clients
Client types the adviser reports in Form ADV item 5.D, with the AUM it attributes to each.
| Client type | Clients | AUM |
|---|---|---|
| Individuals (other than high net worth individuals) | 588 | $130.7 million |
| High net worth individuals | 33 | $42.1 million |
| Corporations or other businesses | 1 | $2.8 million |
AUM in the SEC's monthly files
Each change in the AUM the adviser reported across the monthly SEC files held here, with the first file that shows the new value.
| First in the file of | AUM | Form ADV filed |
|---|---|---|
| April 1, 2026 | $175.5 million | March 25, 2026 |
| December 1, 2025 | $145.1 million | March 18, 2025 |
Other advisers in North Dakota
| Adviser | City | AUM | Private funds | Source |
|---|---|---|---|---|
| Prairiewood Wealth Management | Fargo | $365.4 million | Not listed | adviserinfo.sec.gov |
| Johnson Wealth Management, LLC | Grand Forks | $323.4 million | Not listed | adviserinfo.sec.gov |
| Wealth Forward, LLC | Fargo | $228.1 million | Not listed | adviserinfo.sec.gov |
| Financial Strategies Group | Fargo | $189.1 million | Not listed | adviserinfo.sec.gov |
| Fjell Capital | Fargo | $187 million | Not listed | adviserinfo.sec.gov |
| Capital City Wealth Management, Inc. | Bismarck | $130 million | Not listed | adviserinfo.sec.gov |
Also on SpecStream
- Investment advisers in North Dakota
- Advisers with $100 million to $500 million in AUM
- Advisers serving individuals
- Advisers serving high net worth individuals
- Light Financial Services, Inc. on the SEC's adviser search
Public data published by the US Securities and Exchange Commission (US government work). Advisers report these values themselves in Form ADV, and neither the SEC nor the states approve or guarantee them. AUM is regulatory assets under management as the adviser reported it in Form ADV item 5.F, which can differ from the AUM a firm quotes elsewhere. Exempt reporting advisers do not report AUM. Office address, phone and website are the adviser's main office as filed; a firm that files its main office as a private residence shows no street address or phone. An Item 11 disclosure is a reported event, not a finding about the firm today. Details for each firm are on the SEC's Investment Adviser Public Disclosure site. This page uses SEC data and is not endorsed or certified by the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.