LightedWay Advisory Services provides portfolio management for individuals and small businesses and pension consulting.
LightedWay Advisory Services reports 269 clients. They include 200 high-net-worth individuals, 67 individual clients, and 2 corporations and other businesses. Of its assets, 100.0% ($115M across 269 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 25% | 25% |
| High-net-worth individuals | 74% | 72% |
| Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 67 | $28.8M | 25.0% | $429K |
| High-net-worth individuals | 200 | $83.3M | 72.4% | $416K |
| Corporations and other businesses | Fewer than 5 | $3M | 2.6% | $1.5M |
| Total | 269 | $115M | 100% | — |
- Clients
- 67
- Regulatory AUM
- $28.8M
- AUM share
- 25.0%
- Avg. per client
- $429K
- Clients
- 200
- Regulatory AUM
- $83.3M
- AUM share
- 72.4%
- Avg. per client
- $416K
- Clients
- Fewer than 5
- Regulatory AUM
- $3M
- AUM share
- 2.6%
- Avg. per client
- $1.5M
Total
- Clients
- 269
- Regulatory AUM
- $115M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
LightedWay Advisory Services charges 0.50%–1.50% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Pension Consulting Services
- Pension consulting is an asset-based annual fee of 0.50% of assets, withdrawn quarterly in advance.
Jonathan Russo owns 75% or more of LightedWay Advisory Services. The leadership team of LightedWay Advisory Services includes Chief Compliance Officer Jonathan Russo. It has 1 employee.
Leadership
Jonathan RussoManaging Member & Chief Compliance Officer
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Lightedway Advisory Services, Inc.
Jonathan Russo
Control person · since January 2021
LightedWay Advisory Services’ regulatory assets grew 1.6× from $72M (May 2021) to $115M (February 2026); clients rose from 115 to 269 and employees were 1 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $115M | 269 | 1 | 1 |
| April 2025 | $95M | 252 | 1 | 1 |
| January 2024 | $77M | 118 | 1 | 1 |
| February 2023 | $70M | 100 | 1 | 1 |
| January 2022 | $76M | 160 | 1 | 1 |
| May 2021 | $72M | 115 | 1 | 1 |
Besides its headquarters, LightedWay Advisory Services has 0 offices, with 1 listed address in New York.
New York · 1 listed address
- 83 Calvert St, HarrisonHQ
Contact and registration details
- Legal name
- Lightedway Advisory Services, Inc.
- Headquarters
- 83 Calvert St, Harrison, NY 10528
- Website
- lightedwayadvisory.com
- Phone
- 914-747-4717
- SEC file
- 801-120390
- Structure
- New York corporation
- Fiscal year end
- December
LightedWay Advisory Services uses Charles Schwab ($115M) as custodian for its separately managed accounts. LightedWay Advisory Services does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $115M100%
At year end, LightedWay Advisory Services’ separately managed accounts were mostly in funds (91%).
What the accounts hold
- Stocks7%
- Funds91%
- Cash2%
How many clients does LightedWay Advisory Services have?
LightedWay Advisory Services has 269 clients and manages $115 million for them, as of February 2026. They include 200 high-net-worth individuals, 67 individual clients, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 February 2026
What services does LightedWay Advisory Services offer?
LightedWay Advisory Services provides portfolio management for individuals and small businesses and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does LightedWay Advisory Services charge?
LightedWay Advisory Services charges 0.50%–1.50% a year for its Portfolio Management Fees. The fee is billed in advance and is negotiable.
Source: ADV PART 2A- LIGHTEDWAY ADVISORY SERVICES, INC., filed 3 February 2026
Which custodians does LightedWay Advisory Services use?
LightedWay Advisory Services’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $115M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 February 2026
How many financial advisors does LightedWay Advisory Services have?
LightedWay Advisory Services has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 LightedWay Advisory Services invest in?
At the end of its last fiscal year, LightedWay Advisory Services’ separately managed accounts held 91% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns LightedWay Advisory Services?
LightedWay Advisory Services’ direct owner is Jonathan Russo (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 February 2026
How does LightedWay Advisory Services get paid?
LightedWay Advisory Services 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
How do I contact LightedWay Advisory Services?
LightedWay Advisory Services’ main office is at 83 Calvert St, Harrison, NY 10528. Its phone number is 914-747-4717. Its website is lightedwayadvisory.com.