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LIGHT FINANCIAL SERVICES, INC.
CRD 131678File 801-123619
APPROVED
Retail clients
Custody
Filing as of Mar 25, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$175.5M
Bottom 25% of cohort (national)
Discretionary AUM
$174.7M
Non-discretionary $857K
Clients
622
1,810 accounts
Employees
2
Bottom 25% of cohort in ND
Identity & registration
ADV Item 1- Organization form
- Corporation
- Firm type
- Registered
- SEC region
- DRO
- Registration date
- Apr 5, 2022
- Principal office
- 3575 45TH ST S, SUITE 112, FARGO, ND, 58104
- Phone
- 701.356.5106
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $175.5M
- Discretionary AUM
- $174.7M
- Non-discretionary AUM
- $857K
- Discretionary accounts
- 1,803
- Non-discretionary accounts
- 7
- Total accounts
- 1,810
- AUM per client
- $282K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | Fewer than 5 | $2.8M |
| High net worth individuals | 33 | $42.1M |
| Individuals (other than high net worth individuals) | 588 | $130.7M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- A percentage of assets under your management
Advisory activities
- Other
- Financial planning services
- Selection of other advisers
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To |
|---|---|---|---|
| Aug 12, 2026 | Registration | — | APPROVED |
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.