{"url":"https://nivawealth.com/firms/brighter-financial-capital-management-300619","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/300619","regulatoryAum":135055793,"crd":"300619","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"5733655","suffix":null,"lastName":"CLARK","firstName":"MEGAN","middleName":"LEE"},{"crd":"5442208","suffix":null,"lastName":"Clark","firstName":"Richard","middleName":null},{"crd":"6910970","suffix":null,"lastName":"COOPER","firstName":"DANIEL","middleName":null},{"crd":"7179556","suffix":null,"lastName":"Scott","firstName":"Ryan","middleName":"Douglas"},{"crd":"7502518","suffix":null,"lastName":"Smith","firstName":"Keron","middleName":null}],"total":5,"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":"2025-06-10","regulatoryAum":116329199,"clients":840,"employees":3,"offices":1},{"filedOn":"2026-09-28","regulatoryAum":135055793,"clients":338,"employees":5,"offices":2}],"secFileNumber":"801-131484","legalName":"Brighter Financial Capital Management, LLC","displayName":"Brighter Financial Capital Management","slug":"brighter-financial-capital-management-300619","website":"https://clarkfinancialplanning.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"https://www.linkedin.com/company/1863617/admin/dashboard/","founded":null,"organization":"Virginia limited liability company","fiscalYearEnd":"December","headquarters":{"street":"1984 Isaac Newton SQ. W, Suite 203","city":"Reston","state":"VA","stateName":"Virginia","country":"United States","postalCode":"20190"},"tradeNames":[],"registration":{"secApproved":"25 November 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":404493.2921686747,"staff":{"employees":5,"advisory":5,"brokerDealerReps":3,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":135055793,"discretionary":135055793,"discretionaryAccounts":780,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":113424711,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":300,"regulatoryAum":70982504},{"label":"High-net-worth individuals","clients":32,"regulatoryAum":63309269},{"label":"Pension and profit-sharing plans","clients":4,"regulatoryAum":556233},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":207787}],"feePrograms":[{"role":"other","program":"ERISA Plan Services","summary":"ERISA plan service fees are an annual percentage of included plan assets that will not exceed 1%, and are negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009791","versionId":1009791,"submittedOn":"2026-02-18","documentName":"FORM ADV2A/2B - SEC"},{"role":"other","program":"Financial Planning","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009791","versionId":1009791,"submittedOn":"2026-02-18","documentName":"FORM ADV2A/2B - SEC"},{"role":"other","program":"Variable Annuity Management","summary":"Variable annuity management fees are 1% a year of assets managed.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009791","versionId":1009791,"submittedOn":"2026-02-18","documentName":"FORM ADV2A/2B - SEC"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T16:17:33.275867+00:00","documents":[{"name":"FORM ADV2A/2B - SEC","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009791","versionId":1009791,"submittedOn":"2026-02-18"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009792","versionId":1009792,"submittedOn":null}]},"custodians":[{"name":"Equity Trust Company","shortName":"Equity Trust","location":"West Lake, OH","smaAssets":0},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":135055793}],"custodyNote":"Brighter Financial Capital Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Megan Clark","title":"Chief Compliance Officer/Investment Advisor Representative","crd":"5733655"}],"ownership":[{"label":"MLC Clark Family LLC","detail":"Owner in the 75% or more ownership band and a control person, since December 2018."},{"label":"Megan Clark","detail":"Indirect owner: a owner of MLC Clark Family LLC in the 75% or more band and a control person, since December 2018.","parent":"MLC Clark Family LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Virginia","offices":1,"addresses":[{"street":"1984 Isaac Newton SQ. W, Suite 203","city":"Reston","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"703-796-0957","stateRegisteredReps":5,"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","Pension consulting services","Selection of other advisers (including private fund managers)","Educational seminars/workshops"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":43},{"label":"Non-exchange-traded equity securities","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":48},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":1},{"label":"Cash and cash equivalents","percent":7}],"privateFunds":0},"sources":{"adv1FilingDate":"28 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/300619/PDF/300619.pdf","brochureDate":"18 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1009791","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Brighter Financial Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Brighter Financial Capital Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Brighter Financial Capital Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Brighter Financial Capital Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Brighter Financial Capital Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Brighter Financial Capital Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Brighter Financial Capital Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Brighter Financial Capital Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 28 September 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."}