{"url":"https://nivawealth.com/firms/lightedway-advisory-services-312712","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/312712","regulatoryAum":115000000,"crd":"312712","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4159763","suffix":null,"lastName":"RUSSO","firstName":"JONATHAN","middleName":"MICHAEL"}],"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":"2021-05-17","regulatoryAum":72000000,"clients":115,"employees":1,"offices":1},{"filedOn":"2022-01-31","regulatoryAum":76000000,"clients":160,"employees":1,"offices":1},{"filedOn":"2023-02-03","regulatoryAum":70000000,"clients":100,"employees":1,"offices":1},{"filedOn":"2024-01-31","regulatoryAum":77000000,"clients":118,"employees":1,"offices":1},{"filedOn":"2025-04-22","regulatoryAum":95000000,"clients":252,"employees":1,"offices":1},{"filedOn":"2026-02-03","regulatoryAum":115000000,"clients":269,"employees":1,"offices":1}],"secFileNumber":"801-120390","legalName":"Lightedway 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ADVISORY SERVICES, INC.","fee_rate_low":0.5,"fee_rate_high":1.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Pension Consulting Services","summary":"Pension consulting is an asset-based annual fee of 0.50% of assets, withdrawn quarterly in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005886","versionId":1005886,"submittedOn":"2026-02-03","documentName":"ADV PART 2A- LIGHTEDWAY ADVISORY SERVICES, INC."}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T16:53:48.361823+00:00","documents":[{"name":"ADV PART 2A- LIGHTEDWAY ADVISORY SERVICES, INC.","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005886","versionId":1005886,"submittedOn":"2026-02-03"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":115000000}],"custodyNote":"LightedWay Advisory Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jonathan Russo","title":"Managing Member & Chief Compliance Officer","crd":"4159763"}],"ownership":[{"label":"Jonathan Russo","detail":"Managing member & chief compliance officer in the 75% or more ownership band and a control person, since January 2021."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"83 Calvert St","city":"Harrison","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"914-747-4717","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"Securities issued by registered investment companies or business development companies","percent":91},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"3 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/312712/PDF/312712.pdf","brochureDate":"3 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1005886","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 LightedWay Advisory Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does LightedWay Advisory Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does LightedWay Advisory Services charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does LightedWay Advisory Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does LightedWay Advisory Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does LightedWay Advisory Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns LightedWay Advisory Services?","answer":"LightedWay Advisory Services’ direct owner is Jonathan Russo (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 3 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does LightedWay Advisory Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact LightedWay Advisory Services?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 3 February 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."}