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Graves Light Lenhart
Graves Light Lenhart was launched in 2018 by Jason Lenhart, Sarah Graves, and John Light as a registered investment adviser in Harrisonburg, Virginia.
Graves Light Lenhart
Graves Light Lenhart was launched in 2018 by Jason Lenhart, Sarah Graves, and John Light as a registered investment adviser in Harrisonburg, Virginia. The founding team structured the practice to serve a mixed client base of individuals, pension plans, and operating businesses across the Shenandoah Valley region. Its wealth-origin story is tied to practitioner-led asset management rather than a single family fortune. GLL's strategy emphasizes traditional wealth management supplemented by private-market exposure. The firm offers discretionary portfolio construction alongside non-discretionary advisory services, spanning public equities, fixed income, real estate, and private credit. Its geographic focus remains concentrated in Virginia, with a client book that includes local pension funds and closely held businesses. Direct real estate sourcing and manager selection in the middle-market credit space appear to anchor the alternatives allocation, though specific fund names or portfolio companies are not publicly disclosed. The firm operates from a single office in Harrisonburg. Team size and aggregate deployments are not publicly reported, reflecting the private nature of a boutique RIA. No philanthropic foundations, club memberships, or adjacent operating vehicles are disclosed in public records. In September 2024, the firm maintained its SEC registration and ADV filing with no material disciplinary history, consistent with a steady-state advisory practice serving its regional base. Structurally, Graves Light Lenhart differentiates by embedding private real estate and credit allocations within a planning-first RIA framework. Most firms at its scale outsource alternatives entirely; GLL appears to integrate them as a core component of client portfolios rather than a peripheral sleeve. This architecture lets the firm treat direct property and credit deals as planning tools — a posture that aligns more closely with a family-office approach than a standard retail advisory shop.
General information
Firm type
Bank / Wealth / Trust
Year founded
2018
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Harrisonburg
Corporate office
Harrisonburg, VA, United States
Principals
Jason Lenhart
Co-Founder
Sarah Graves
Co-Founder
John Light
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Graves Light Lenhart?
The firm is led by its three co-founders: Jason Lenhart, Sarah Graves, and John Light. As a boutique RIA, investment decisions likely rest with the founding principals collectively, though the firm has not publicly designated a chief investment officer or published an investment committee roster. Day-to-day portfolio management and advisory activities are conducted by the founding team from its Harrisonburg office.
What investment stages and asset classes does Graves Light Lenhart target?
Public records indicate the firm allocates across public equities, fixed income, real estate, and private credit for its advisory clients. The private-market sleeve appears concentrated on direct real estate and middle-market credit opportunities. No venture capital, growth equity, or buyout activity is disclosed, consistent with the firm's wealth-preservation posture rather than an aggressive growth mandate.
Is Graves Light Lenhart a single-family office or a wealth management firm?
Graves Light Lenhart is organized as a registered investment adviser (RIA), not a single-family office. It serves multiple clients — individuals, pension plans, and business entities — rather than managing a single family's capital. Its SEC registration and ADV filings confirm a multi-client advisory model.
Does the firm participate in fund commitments or only direct deals?
The firm does not publicly distinguish between fund commitments and direct investments. Given its boutique scale, GLL likely sources direct real estate transactions and private credit opportunities on a deal-by-deal basis rather than operating a fund-of-funds model. No closed-end fund vehicles or co-investment syndicates have been attributed to the firm.
What is Graves Light Lenhart's known posture on co-investments alongside external GPs?
Public records do not detail any co-investment activity with external general partners. As a regional RIA, GLL likely evaluates private-market investments independently or through local networks rather than through formal co-investment alliances. No institutional co-investor relationships have been identified in available filings.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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