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LANTERN WEALTH ADVISORS, LLC
CRD 147420File 801-79035
APPROVED
Retail clients
Filing as of May 13, 2026
Feed vintage Aug 17, 2026
Regulatory AUM
$319.9M
Below cohort median (national)
Discretionary AUM
$306.9M
Non-discretionary $13.0M
Clients
188
398 accounts
Employees
26
Below cohort median in NY
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Jan 15, 2014
- Principal office
- 35 PINELAWN ROAD, SUITE 101E, MELVILLE, NY, 11747
- Phone
- 631-454-2000
- Website
- http://www.heroldlantern.com
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $319.9M
- Discretionary AUM
- $306.9M
- Non-discretionary AUM
- $13.0M
- Discretionary accounts
- 381
- Non-discretionary accounts
- 17
- Total accounts
- 398
- AUM per client
- $1.7M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Charitable organizations | 5 | $35.9M |
| High net worth individuals | 60 | $234.4M |
| Pension and profit sharing plans | 8 | $14.9M |
| Individuals (other than high net worth individuals) | 115 | $34.6M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- 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.