# Light Financial Services

Light Financial Services is a Bank / Wealth / Trust based in Fargo, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Fargo, United States
- **Region:** North America
- **Address:** Fargo, ND, United States
- **Founded:** 2003
- **Assets under management:** Undisclosed
- **Website:** lightfinancialservices.com
- **LinkedIn:** linkedin.com/company/light-financial-services-pty-ltd

## Regulatory record

- **CRD number:** 131678
- **SEC file number:** 801-123619
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/131678

## About

Founded in 2003, Light Financial Services established itself as a Fargo-based registered investment advisor providing wealth management and financial planning to individuals, high-net-worth clients, and businesses. The firm's founding wealth origin is not publicly documented, and its principals do not appear in national financial media, positioning it as a community-embedded practice typical of the independent RIA channel that has grown steadily across the Upper Midwest over the past two decades. Light Financial Services structures its advisory around a planning-first model, offering investment management as part of a broader financial-planning relationship. The geographic focus remains anchored in North Dakota and neighboring Minnesota markets. Scale and team metrics for Light Financial Services remain undisclosed. As a small, privately held practice, the firm does not publish AUM, headcount, or capital deployment data, nor does it operate adjacent vehicles like philanthropic foundations or real-asset arms. This scale is consistent with many independent Midwestern RIAs that serve a concentrated regional client base. The firm's structural differentiator lies in its regulatory architecture as a pure RIA in a region where bank-affiliated advisory and broker-dealer models still dominate. By operating without a broker-dealer affiliation, Light Financial Services can legally hold itself to a fiduciary standard on all client accounts — a distinction that, while common in coastal wealth markets, remains a genuine differentiator in Upper Midwest communities where hybrid models prevail.

## Questions

### How does Light Financial Services structure its client relationships?

Light Financial Services operates as a fee-based registered investment advisor, structuring relationships around ongoing financial planning and discretionary investment management. The RIA designation means the firm is held to a fiduciary standard on client accounts, legally requiring it to place client interests ahead of its own. This structure avoids the transaction-based conflicts common with broker-dealer affiliated advisors.

### Is Light Financial Services affiliated with a broker-dealer or bank?

Based on its RIA registration, Light Financial Services does not appear to maintain broker-dealer or bank affiliations. As an independent RIA, the firm can custody client assets at third-party custodians, a separation that provides clients with independent account statements and eliminates proprietary product pressure. This independence architecture is a core structural feature of the firm's regulatory posture.

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- [Ligclar Wealth Management](https://altss.com/profile/ligclar-wealth-management)
- [Lightbulb Wealth Management](https://altss.com/profile/lightbulb-wealth-management)

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Last updated: 2026-08-11T02:43:31.692Z

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