{"url":"https://nivawealth.com/firms/bright-portfolios-288605","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/288605","regulatoryAum":135700708,"crd":"288605","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5582004","suffix":null,"lastName":"MALICK","firstName":"BENJAMIN","middleName":"J"}],"total":1,"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":"2025-03-31","regulatoryAum":81061964,"clients":1,"employees":4,"offices":1},{"filedOn":"2026-03-31","regulatoryAum":135700708,"clients":1,"employees":4,"offices":1}],"secFileNumber":"801-131622","legalName":"Bright Portfolios, LLC","displayName":"Bright Portfolios","slug":"bright-portfolios-288605","website":"https://brightportfolios.com/","classification":{"segment":"registered_funds","segmentLabel":"Fund management","type":"fund_manager","typeLabel":"Mutual funds & ETFs","feeDisclosure":"payment_only"},"linkedinUrl":"https://www.linkedin.com/company/brightportfolios","founded":null,"organization":"Missouri limited liability company","fiscalYearEnd":"December","headquarters":{"street":"11 Se 2nd St","city":"Lee'S Summit","state":"MO","stateName":"Missouri","country":"United States","postalCode":"64063"},"tradeNames":[],"registration":{"secApproved":"13 December 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":4,"advisory":2,"brokerDealerReps":0,"insuranceAgents":2,"promoters":0},"aum":{"regulatory":135700708,"discretionary":135700708,"discretionaryAccounts":1,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Investment companies","clients":1,"regulatoryAum":135700708}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Bright Portfolios does not have custody of client assets.","leadership":[{"name":"Benjamin Malick","title":"Chief Compliance Officer/Manager","crd":"5582004"},{"name":"Stephen Stricklin","title":"Manager","crd":"4690440"}],"ownership":[{"label":"Wise Wealth, LLC","detail":"Member in the 50% to 75% ownership band and a control person, since June 2017."},{"label":"Stephen Stricklin","detail":"Manager in the 75% or more ownership band and a control person, since June 2017."},{"label":"Three Nine Investments LLC","detail":"Member in the 75% or more ownership band and a control person, since June 2017."},{"label":"Benjamin Malick","detail":"Indirect owner: a managing member/owner of Three Nine Investments LLC in the 50% to 75% band and a control person, since May 2016.","parent":"Three Nine Investments LLC"}],"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Missouri","offices":1,"addresses":[{"street":"11 Se 2nd St","city":"Lee'S Summit","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"877-274-7678","stateRegisteredReps":2,"otherAdviserReps":1,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for investment companies","Other"],"financialPlanningClients":null,"assetMix":[],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/288605/PDF/288605.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 Portfolios have?","answer":"Bright Portfolios has 1 client and manages $136 million for them, as of March 2026. They include 1 investment company.","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 Portfolios offer?","answer":"Bright Portfolios provides portfolio management for investment companies.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Bright Portfolios have?","answer":"Bright Portfolios has 2 investment adviser representatives registered with state securities authorities, out of 4 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 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":"Who owns Bright Portfolios?","answer":"Bright Portfolios is owned through a holding company by Benjamin Malick. Its direct owners are Wise Wealth, LLC (50% to 75%), Stephen Stricklin (75% or more) and Three Nine Investments 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 Portfolios get paid?","answer":"Bright Portfolios 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 Portfolios registered with the SEC?","answer":"Yes, Bright Portfolios has been registered with the SEC as an investment adviser since 13 December 2024. Its CRD number is 288605 and its SEC file number is 801-131622.","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 Portfolios?","answer":"Bright Portfolios’ main office is at 11 Se 2nd St, Lee'S Summit, MO 64063. Its phone number is 877-274-7678. Its website is brightportfolios.com.","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."}