Bright Angel Advisors LLC

Bright Angel Advisors LLC is a financial advisory firm based in St. Paul, Minnesota, established in September 2020 by Michael James Barrett. The firm specializes in providing portfolio management services tailored to individual client goals, risk tolerance, and time horizons. Clients receive personalized Investment Policy Statements outlining their current financial situation. Bright Angel Advisors requires discretionary authority to select securities and execute transactions in accordance with fiduciary duties. The firm's investment strategy includes asset allocation, risk assessment, and regular portfolio monitoring. Bright Angel Advisors primarily advises on mutual funds, fixed income securities, equities, and ETFs, with a focus on long-term trading. The firm charges an annual fee ranging from 0.50% to 1.00% of assets under management, withdrawn quarterly. Clients are responsible for third-party fees, and the firm does not participate in wrap fee programs. Bright Angel Advisors does not accept performance-based fees and provides services to individuals, high-net-worth individuals, and charitable organizations with no minimum account size. The firm upholds a Code of Ethics, acts in the best interest of clients, and offers discretionary investment advisory services. Clients receive quarterly reports on their accounts, and Bright Angel Advisors acknowledges its fiduciary duty in proxy voting on behalf of clients. The firm has no financial conditions impairing its ability to meet client commitments and has not been subject to bankruptcy petitions in the last ten years.