{"url":"https://nivawealth.com/firms/bright-investments-269955","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/269955","regulatoryAum":151519822,"crd":"269955","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2179467","suffix":null,"lastName":"BRIGHT","firstName":"JOHN","middleName":"FREDERICK"},{"crd":"4668980","suffix":null,"lastName":"DAVIS","firstName":"THEODORE","middleName":"ROBERT"},{"crd":"5109954","suffix":null,"lastName":"KUCERA","firstName":"THOMAS","middleName":"MILTON"},{"crd":"2602716","suffix":null,"lastName":"ZINK","firstName":"SARAH","middleName":"JANE"}],"total":4,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-07","regulatoryAum":108696471,"clients":33,"employees":7,"offices":5},{"filedOn":"2022-03-31","regulatoryAum":123848536,"clients":45,"employees":7,"offices":6},{"filedOn":"2023-03-31","regulatoryAum":117165571,"clients":53,"employees":8,"offices":6},{"filedOn":"2024-04-01","regulatoryAum":131555993,"clients":64,"employees":7,"offices":5},{"filedOn":"2025-03-31","regulatoryAum":139769621,"clients":45,"employees":7,"offices":5},{"filedOn":"2026-03-31","regulatoryAum":151519822,"clients":44,"employees":6,"offices":5}],"secFileNumber":"801-120845","legalName":"Bright Investments, LLC","displayName":"Bright Investments","slug":"bright-investments-269955","website":null,"classification":{"segment":"institutions","segmentLabel":"Institutional","type":"institutional_asset_manager","typeLabel":"Asset manager","feeDisclosure":"payment_only"},"founded":null,"organization":"Alabama limited liability company","fiscalYearEnd":"December","headquarters":{"street":"570 Devall Drive, Suite 303","city":"Auburn","state":"AL","stateName":"Alabama","country":"United States","postalCode":"36832"},"tradeNames":[],"registration":{"secApproved":"16 April 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":826357.8461538461,"staff":{"employees":6,"advisory":5,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":151519822,"discretionary":149899504,"discretionaryAccounts":105,"nonDiscretionary":1620318,"nonDiscretionaryAccounts":6,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":16,"regulatoryAum":5309232},{"label":"High-net-worth individuals","clients":23,"regulatoryAum":26918724},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":616374},{"label":"Corporations and other businesses","clients":5,"regulatoryAum":118675492}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[{"name":"National Financial Services LLC","shortName":"Fidelity","location":"Boston, MA","smaAssets":120084327}],"custodyNote":"Bright Investments does not have custody of client assets.","leadership":[{"name":"John Bright","title":"President","crd":"2179467"},{"name":"Thomas Kucera","title":"Executive Vice President and Analyst","crd":"5109954"},{"name":"Sarah Zink","title":"Chief Operating Officer and Chief Compliance Officer","crd":"2602716"}],"ownership":[{"label":"Bright Holdings, LLC","detail":"Voting member in the 75% or more ownership band and a control person, since January 2019."},{"label":"John Bright","detail":"Indirect owner: a partner and shareholder of Bright Holdings, LLC in the 50% to 75% band and a control person, since January 2019.","parent":"Bright Holdings, LLC"}],"filedOffices":{"otherThanPrincipal":4,"privateResidences":2},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"Alabama","offices":1,"addresses":[{"street":"570 Devall Drive, Suite 303","city":"Auburn","headquarters":true}]},{"state":"Tennessee","offices":2,"addresses":[{"street":"40 Burton Hills BLVD","city":"Nashville"},{"street":"1331 Union Avenue","city":"Memphis"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"334-321-2321","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":58},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":3},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":30},{"label":"Other","percent":9,"detail":"Private Funds"}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/269955/PDF/269955.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Bright Investments have?","answer":"Bright Investments has 44 clients and manages $152 million for them, as of March 2026. They include 23 high-net-worth individuals, 16 individual clients, and 5 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bright Investments offer?","answer":"Bright Investments provides portfolio management for individuals and small businesses and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Bright Investments use?","answer":"Bright Investments’ separately managed account assets are held at National Financial Services LLC (Boston, MA), with $120M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bright Investments have?","answer":"Bright Investments has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bright Investments invest in?","answer":"At the end of its last fiscal year, Bright Investments’ separately managed accounts held 58% exchange-traded equities, 30% cash and equivalents, 9% other, 3% registered funds (mutual funds, ETFs, BDCs), 1% U.S. government and agency bonds and 1% pooled vehicles (private funds and similar). The 9% other category is described as: Private Funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Bright Investments?","answer":"Bright Investments is owned through a holding company by John Bright. Its direct owner is Bright Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bright Investments get paid?","answer":"Bright Investments is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Bright Investments registered with the SEC?","answer":"Yes, Bright Investments has been registered with the SEC as an investment adviser since 16 April 2021. Its CRD number is 269955 and its SEC file number is 801-120845.","source":"Form ADV Part 1A, Item 1, filed 31 March 2026; IAPD firm record","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Bright Investments?","answer":"Bright Investments’ main office is at 570 Devall Drive, Suite 303, Auburn, AL 36832. Its phone number is 334-321-2321.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}