Bright Wealth Management provides portfolio management for individuals and small businesses, portfolio management for institutions, and selecting other managers.
Bright Wealth Management reports 180 clients. They include 117 individual clients, 58 high-net-worth individuals, and 3 corporations and other businesses. Of its assets, 100.0% ($265M across 478 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 15% |
| High-net-worth individuals | 32% | 76% |
| Charitable organizations | 1% | 4% |
| Corporations and other businesses | 2% | 5% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 117 | $38.7M | 14.6% | $331K |
| High-net-worth individuals | 58 | $202M | 76.3% | $3.49M |
| Charitable organizations | 2 | $11M | 4.1% | $5.48M |
| Corporations and other businesses | 3 | $13M | 4.9% | $4.34M |
| Total | 180 | $265M | 100% | $1.47M |
- Clients
- 117
- Regulatory AUM
- $38.7M
- AUM share
- 14.6%
- Avg. per client
- $331K
- Clients
- 58
- Regulatory AUM
- $202M
- AUM share
- 76.3%
- Avg. per client
- $3.49M
- Clients
- 2
- Regulatory AUM
- $11M
- AUM share
- 4.1%
- Avg. per client
- $5.48M
- Clients
- 3
- Regulatory AUM
- $13M
- AUM share
- 4.9%
- Avg. per client
- $4.34M
Total
- Clients
- 180
- Regulatory AUM
- $265M
- AUM share
- 100%
- Avg. per client
- $1.47M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Bright Wealth Management charges 0.75%–1.50% a year for its Portfolio Management. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.
Fee details and sources
Bright Capital Group, LLC owns 75% or more of Bright Wealth Management and is in turn owned by Bright Industries, LLC (75% or more). The leadership team of Bright Wealth Management includes President Paul Thibodeaux. It has 7 employees.
Leadership
- Paul ThibodeauxPresident/Managing Director/Chief Compliance Officer
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Christopher John Caporaletti
- Brooke Ashley Chandler
- Arthur David Crowley
- Jerred Michael Horace Crowley
- Mark Thompson Lagrone
- Paul L Thibodeaux
- Thomas B Underwood III
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 3 insurance agents
- Owns 75% or more of Bright Wealth Management, LLC
Bright Capital Group, LLC
Control person · since October 2013
- Owns 75% or more of Bright Capital Group, LLC
Bright Industries, LLC
Control person · since November 2012
- Owns 50% to 75% of Bright Industries, LLC
The Christopher Roberts Bright Family Trust
Control person · since September 2022
- Owns 50% to 75% of Bright Industries, LLC
Clay Van Ness Bright Family Trust
Control person · since August 2020
Wealth Advisors Trust Company
Independent trustee · Control person · since August 2020
Parker Bright
Family trustee · Control person · since August 2020
Virginia Koons
Family trustee · Control person · since August 2020
Wilmington Trust Company
Administrative trustee · Control person · since August 2020
Justin Bright
Manager · Control person · since August 2020
Harvey Bright
Manager · Control person · since August 2020
Mary Bearden
Manager · Control person · since September 2022
Paul Thibodeaux
Manager/coo · Control person · since September 2020
Bright Wealth Management’s regulatory assets grew 1.7× from $160M (July 2024) to $265M (September 2026); clients rose from 165 to 180 and employees from 6 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $265M | 180 | 7 | 2 |
| March 2025 | $229M | 162 | 6 | 2 |
| July 2024 | $160M | 165 | 6 | 1 |
Besides its headquarters, Bright Wealth Management has 1 office (1 private residence, listed without an address), with 1 listed address in Texas.
Texas · 1 listed address
- 4400 State Highway 121, Suite 400, LewisvilleHQ
Contact and registration details
- Legal name
- Bright Wealth Management, LLC
- Headquarters
- 4400 State Highway 121, Suite 400, Lewisville, TX 75056
- Website
- brightwealthmanagement.com
- Phone
- 972-410-6623
- @bright-wm
- SEC file
- 801-130450
- Founded
- 2014
- Structure
- Delaware LLC
- Fiscal year end
- December
Bright Wealth Management uses Charles Schwab ($265M) as custodian for its separately managed accounts. Bright Wealth Management has custody of $54.6M in client assets for 42 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $265M100%
At year end, Bright Wealth Management’s separately managed accounts were mostly in funds (67%) and stocks (20%).
What the accounts hold
- Stocks20%
- Funds67%
- Bonds10%
- U.S. government and agency bonds5%
- State and local bonds5%
- Cash3%
How many clients does Bright Wealth Management have?
Bright Wealth Management has 180 clients and manages $265 million for them, as of September 2026. They include 117 individual clients, 58 high-net-worth individuals, and 3 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 September 2026
What services does Bright Wealth Management offer?
Bright Wealth Management provides 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
How much does Bright Wealth Management charge?
Bright Wealth Management charges 0.75%–1.50% a year for its Portfolio Management. The fee is billed in arrears, is negotiable and requires an account of at least $100,000.
Source: BRIGHT WEALTH MANAGEMENT FORM ADV PART 2A, filed 2 September 2026
Which custodians does Bright Wealth Management use?
Bright Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $265M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 September 2026
How many financial advisors does Bright Wealth Management have?
Bright Wealth Management has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 3 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
What does Bright Wealth Management invest in?
At the end of its last fiscal year, Bright Wealth Management’s separately managed accounts held 67% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 5% U.S. government and agency bonds, 5% state and local bonds and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Bright Wealth Management have a minimum investment?
Yes, Bright Wealth Management’s minimum account size for its Portfolio Management is $100K.
Source: BRIGHT WEALTH MANAGEMENT FORM ADV PART 2A, filed 2 September 2026
Who owns Bright Wealth Management?
Bright Wealth Management is owned through a chain of holding companies by the Christopher Roberts Bright Family Trust. Its direct owner is Bright Capital Group, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 September 2026
How does Bright Wealth Management get paid?
Bright Wealth Management is paid through a percentage of assets under management and other compensation. 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
How do I contact Bright Wealth Management?
Bright Wealth Management’s main office is at 4400 State Highway 121, Suite 400, Lewisville, TX 75056. Its phone number is 972-410-6623. Its website is brightwealthmanagement.com.