Lighthouse Financial Management, LLC

Lighthouse Financial Management, LLC is a registered investment adviser established in 2004, located in Westerly, Rhode Island. The firm specializes in providing personalized financial planning services for individuals, families, trusts, and small businesses. Their core services include investment management, income tax planning and preparation, retirement planning, risk management and insurance, as well as assistance with cash management, estate planning, employee benefits, stock options, and funding education costs. Lighthouse charges an annual fee based on a percentage of client assets under management, with fees starting at 1.00% for the first $500,000. The firm operates on a "fee-only" basis, meaning they do not receive commissions or compensation from third parties for investment recommendations. Lighthouse acts as a fiduciary, meaning they are required to act in the best interests of their clients. Clients have the option to grant Lighthouse investment discretion, allowing the firm to make buy and sell decisions on their behalf. Lighthouse may also recommend the use of independent managers for a portion of a client's investment portfolio, with fees not exceeding a total of 1.25%. Lighthouse's investment strategies are based on Modern Portfolio Theory, focusing on diversification and long-term investment success. The firm does not charge performance fees and does not have any disciplinary events on record. Lighthouse uses Schwab as a custodian and does not accept custody of client accounts, except for specific circumstances outlined in their policies.