White Lighthouse Investment Management, Inc. (Lexington)

Name: White Lighthouse Investment Management, Inc.
Address: 5 Militia Drive, Lexington, MA, 02421
Telephone: 508-471-4431

White Lighthouse Investment Management, Inc. is a large advisory firm based in Lexington. It manages $247.95 million of regulatory assets for 644 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of California, Connecticut, Florida, and 4 other states.

White Lighthouse Investment Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

White Lighthouse Investment Management: assets under management

The assets under management (AUM) of White Lighthouse Investment Management, Inc. is $247.95 million. The firm's AUM has grown by 127% since the beginning of its operation, and $15.41 million of the total AUM is attributable to clients outside of the United States.

The firm manages $229 million in discretionary accounts and $18.95 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $360.07 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.37 million.

Investments

The firm invests in exchange traded securities the most. They account for 85% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 10% of the firm’s portfolio. Investments in pooled investment vehicles form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay White Lighthouse Investment Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients White Lighthouse Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of White Lighthouse Investment Management is high net worth individuals with 77 clients and $220.49 million of assets under management. Among the 10 most similar advisory firms, White Lighthouse Investment Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $247.95 million for 194 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 9% of the firm’s clients are foreign persons or businesses.

White Lighthouse Investment Management doesn't advise any private funds.

Careers at White Lighthouse Investment Management, Inc.

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

White Lighthouse Investment Management, Inc. is owned by Jonathan Owen Lachowitz. Saskia Heijerman Lachowitz joined the executive team most recently as the Part Owner (1%).

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Jonathan Owen Lachowitz	Owner/chief compliance officer	1 Jan 2011	75% - 100%	5778307
Alan David Lachowitz	Chief compliance officer	1 Jan 2012	Other	2619473

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Saskia Heijerman Lachowitz	Part owner (1%)	1 Jan 2014	Other	6384278

Based in Lexington

The principal office where White Lighthouse Investment Management, Inc. performs its advisory services is located at 5 Militia Drive, Lexington, MA 02421, which is also the mailing address of the firm. An additional office of the firm is in Merion Station, PA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 508-471-4431 or by fax 508-519-8432. The normal business hours are 9:00 am - 5:00 pm on Other. You can find more information about the New York firm at white-lighthouse.com.