{"url":"https://nivawealth.com/firms/bright-lake-wealth-management-323513","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/323513","regulatoryAum":103644423,"crd":"323513","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8254603","suffix":null,"lastName":"Bell","firstName":"Waylon","middleName":"Michael"},{"crd":"5907653","suffix":null,"lastName":"Meter","firstName":"Lori","middleName":"W"},{"crd":"8119383","suffix":null,"lastName":"Paloutzian","firstName":"Layton","middleName":"Kyle"},{"crd":"8019541","suffix":null,"lastName":"Thatcher","firstName":"Jacob","middleName":"Colorado"},{"crd":"7792070","suffix":null,"lastName":"Thatcher","firstName":"Mac","middleName":"James"},{"crd":"7193260","suffix":"Jr.","lastName":"Thatcher","firstName":"Theodore","middleName":"John"}],"total":6,"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"},"secFileNumber":"801-135764","legalName":"Bright 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2B","fee_rate_low":null,"fee_rate_high":1.65,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Estate planning","summary":"Estate planning services are a $2,200 fee, paid by card: 50% in advance (no more than $1,200) and the rest on delivery of the documents.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043266","versionId":1043266,"submittedOn":"2026-04-29","documentName":"BRIGHT LAKE WEALTH MANAGEMENT ADV 2B"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:21:21.097814+00:00","documents":[{"name":"BRIGHT LAKE WEALTH MANAGEMENT ADV 2B","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1043266","versionId":1043266,"submittedOn":"2026-04-29"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":103644423}],"custodyNote":"Bright Lake Wealth Management has custody of $358K for 23 clients.","otherCustodians":[],"leadership":[{"name":"Theodore Thatcher","title":"Chief Executive Officer","crd":"7193260"},{"name":"Matthew Giggey","title":"Chief Compliance Officer","crd":"4353612"}],"ownership":[{"label":"Theodore Thatcher","detail":"Chief executive officer in the 75% or more ownership band and a control person, since September 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"foreignOffices":[],"officesByState":[{"state":"California","offices":2,"addresses":[{"street":"1445 Victor Ave, Suite D","city":"Redding","headquarters":true},{"street":"1445 Victor Ave","city":"Redding"}]},{"state":"Oregon","offices":1,"addresses":[{"street":"3523 Arrowhead DR","city":"Medford"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"530-395-0202","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":12},{"label":"Securities issued by registered investment companies or business development companies","percent":82},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"29 April 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/323513/PDF/323513.pdf","brochureDate":"29 April 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They include 340 individual clients and 14 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bright Lake Wealth Management offer?","answer":"Bright Lake Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Bright Lake Wealth Management charge?","answer":"Bright Lake Wealth Management charges up to 1.65% a year for its Investment Advisory / Portfolio Management Services. The fee is billed in arrears and is negotiable.","source":"BRIGHT LAKE WEALTH MANAGEMENT ADV 2B, filed 29 April 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Bright Lake Wealth Management use?","answer":"Bright Lake Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $104M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 April 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bright Lake Wealth Management have?","answer":"Bright Lake Wealth Management has 4 investment adviser representatives registered with state securities authorities, out of 17 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 4 employees are 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 Lake Wealth Management invest in?","answer":"At the end of its last fiscal year, Bright Lake Wealth Management’s separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 12% exchange-traded equities and 6% cash and equivalents.","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 Lake Wealth Management?","answer":"Bright Lake Wealth Management’s direct owner is Theodore Thatcher (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 29 April 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bright Lake Wealth Management get paid?","answer":"Bright Lake Wealth Management is paid through a percentage of assets under management and fixed fees. 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":"How do I contact Bright Lake Wealth Management?","answer":"Bright Lake Wealth Management’s main office is at 1445 Victor Ave, Suite D, Redding, CA 96003. Its phone number is 530-395-0202. Its website is brightlakewealth.com.","source":"Form ADV Part 1A, Item 1.F, filed 29 April 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."}