Brighter Financial Capital Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 101–250 clients last fiscal year.
Brighter Financial Capital Management reports 338 clients. They include 300 individual clients, 32 high-net-worth individuals, and 4 pension and profit-sharing plans. Of its assets, 100.0% ($135M across 780 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $113M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 89% | 53% |
| High-net-worth individuals | 9% | 47% |
| Pension and profit-sharing plans | 1% | <1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 300 | $71M | 52.6% | $237K |
| High-net-worth individuals | 32 | $63.3M | 46.9% | $1.98M |
| Pension and profit-sharing plans | 4 | $556K | 0.4% | $139K |
| Corporations and other businesses | 2 | $208K | 0.2% | $104K |
| Total | 338 | $135M | 100% | $400K |
- Clients
- 300
- Regulatory AUM
- $71M
- AUM share
- 52.6%
- Avg. per client
- $237K
- Clients
- 32
- Regulatory AUM
- $63.3M
- AUM share
- 46.9%
- Avg. per client
- $1.98M
- Clients
- 4
- Regulatory AUM
- $556K
- AUM share
- 0.4%
- Avg. per client
- $139K
- Clients
- 2
- Regulatory AUM
- $208K
- AUM share
- 0.2%
- Avg. per client
- $104K
Total
- Clients
- 338
- Regulatory AUM
- $135M
- AUM share
- 100%
- Avg. per client
- $400K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Brighter Financial Capital Management is paid through a percentage of assets under management and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- ERISA Plan Services
- ERISA plan service fees are an annual percentage of included plan assets that will not exceed 1%, and are negotiable.
- Financial Planning
- Financial planning is a fixed fee by tier, from $39.99 a month (Intro) to $1,500 a month (Platinum), with optional add-on services at $450 each.
- Variable Annuity Management
- Variable annuity management fees are 1% a year of assets managed.
MLC Clark Family LLC owns 75% or more of Brighter Financial Capital Management and is in turn owned by Megan Clark (75% or more). The leadership team of Brighter Financial Capital Management includes Chief Compliance Officer Megan Clark. It has 5 employees.
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 3 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of Brighter Financial Capital Management, LLC
MLC Clark Family LLC
Control person · since December 2018
- Owns 75% or more of MLC Clark Family LLC
Megan Clark
Control person · since December 2018
Brighter Financial Capital Management’s regulatory assets grew from $116M (June 2025) to $135M (September 2026); clients fell from 840 to 338 and employees rose from 3 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $135M | 338 | 5 | 2 |
| Jun 2025June 2025 | $116M | 840 | 3 | 1 |
Besides its headquarters, Brighter Financial Capital Management has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Virginia · 1 listed address
- 1984 Isaac Newton SQ. W, Suite 203, RestonHQ
Contact and registration details
- Legal name
- Brighter Financial Capital Management, LLC
- Headquarters
- 1984 Isaac Newton SQ. W, Suite 203, Reston, VA 20190
- Website
- clarkfinancialplanning.com
- Phone
- 703-796-0957
- @1863617
- SEC file
- 801-131484
- Structure
- Virginia LLC
- Fiscal year end
- December
Brighter Financial Capital Management’s named custodians for separately managed accounts are Charles Schwab ($135M, 100%) and Equity Trust ($0, 0%). Brighter Financial Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $135M100%
At year end, Brighter Financial Capital Management’s separately managed accounts were largely in funds (49%) and stocks (44%).
What the accounts hold
- Stocks44%
- Exchange-traded equities43%
- Non-exchange-traded equities1%
- Funds49%
- Registered funds48%
- Pooled vehicles1%
- Cash7%
How many clients does Brighter Financial Capital Management have?
Brighter Financial Capital Management has 338 clients and manages $135 million for them, as of September 2026. They include 300 individual clients, 32 high-net-worth individuals, and 4 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Brighter Financial Capital Management offer?
Brighter Financial Capital Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Brighter Financial Capital Management use?
Brighter Financial Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $135M. The filing also lists Equity Trust Company with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Brighter Financial Capital Management have?
Brighter Financial Capital Management has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 perform investment advisory functions. 3 employees are registered representatives of a broker-dealer and 5 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 Brighter Financial Capital Management invest in?
At the end of its last fiscal year, Brighter Financial Capital Management’s separately managed accounts held 48% registered funds (mutual funds, ETFs, BDCs), 43% exchange-traded equities, 7% cash and equivalents, 1% non-exchange-traded equities and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Brighter Financial Capital Management?
Brighter Financial Capital Management is owned through a holding company by Megan Clark. Its direct owner is MLC Clark Family LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Brighter Financial Capital Management get paid?
Brighter Financial Capital 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
How do I contact Brighter Financial Capital Management?
Brighter Financial Capital Management’s main office is at 1984 Isaac Newton SQ. W, Suite 203, Reston, VA 20190. Its phone number is 703-796-0957. Its website is clarkfinancialplanning.com.
