Graves Light Lenhart

Graves Light Lenhart Wealth, Inc., operating as Graves Light Lenhart (GLL), is a registered investment adviser specializing in financial planning, consulting, and investment management services. Established in 2018, the firm manages over $1 billion in assets under management, offering discretionary and non-discretionary portfolio management. GLL tailors its services to individual clients, providing a range of financial planning services such as business planning, retirement planning, and risk management. For investment management, GLL primarily allocates client assets among mutual funds, ETFs, individual securities, and options based on client objectives. The firm employs a top-down investment philosophy with tactical asset allocation decisions. GLL's investment strategies focus on long-term results, favoring high-quality securities for equity investments and fixed income strategies tailored to client needs. Clients are charged an annual fee based on assets under management, with a tiered fee structure. GLL acts as a fiduciary for retirement accounts, ensuring recommendations are in the client's best interest. The firm requires a minimum portfolio value of $2.5 million, with exceptions based on specific criteria. GLL recommends clients use Charles Schwab for custody and brokerage services, with a focus on obtaining best execution. The firm receives economic benefits from Schwab, disclosed to clients. GLL conducts regular account reviews and provides clients with transaction confirmations and account statements. The firm exercises investment discretion, with the authority to make investment decisions on behalf of clients. GLL does not provide compensation for client referrals and has not been involved in any disciplinary events. The firm's Code of Ethics ensures compliance with securities laws, and clients are encouraged to review and discuss their financial goals with GLL regularly.