{ "crd_number": 333090, "slug": "beacon-capital-advisory-group-charlotte-nc-333090", "primary_business_name": "BEACON CAPITAL ADVISORY GROUP", "legal_name": "DAVIDSON ADVISORY GROUP, LLC", "dbas": [ "NORTHLIGHT ASSET MANAGEMENT" ], "city": "Charlotte", "state": "NC", "country": "United States", "cbsa_code": "16740", "metro": { "cbsa_code": "16740", "common_name": "Charlotte", "msa_name": "Charlotte-Concord-Gastonia, NC-SC", "path": "/advisors/nc/charlotte" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2024-10-17", "years_registered": 1, "period": "2026-10-01", "filing_date": "2026-07-17", "carried_forward": false, "raum_total": 223538419.0, "raum_discretionary": 223538419.0, "raum_non_discretionary": 0.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 4, "advisory_employees": 2, "client_count_bucket": null, "clients_by_type": { "individuals": { "raum": 51990013.0, "count": 136 }, "high_net_worth_individuals": { "raum": 171548406.0, "count": 48 } }, "compensation_types": [ "commissions", "fixed", "other", "percentage_of_aum" ], "advisory_activities": [ "educational_seminars", "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AK", "FL", "NC", "NH", "NY", "TX" ], "websites": [ "https://beaconcag.com", "https://linkedin.com/company/beaconcag?viewAsMember=true", "https://linkedin.com/company/northlightam", "https://northlightam.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333090", "city_as_filed": "CHARLOTTE", "url": "https://advisorcensus.com/firm/beacon-capital-advisory-group-charlotte-nc-333090", "display_name": "Beacon Capital Advisory Group", "summary": "Beacon Capital Advisory Group is an SEC-registered investment advisory firm in Charlotte, NC, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 17, 2026.", "citation": "AdvisorCensus. Beacon Capital Advisory Group (CRD 333090): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)", "Commissions", "Other" ], "advisory_activity_labels": [ "Financial planning services", "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients", "Educational seminars/workshops" ], "quick_answers": [ { "q": "How is Beacon Capital Advisory Group compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Beacon Capital Advisory Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions; other." }, { "q": "Where is Beacon Capital Advisory Group located?", "a": "Beacon Capital Advisory Group's principal office is in Charlotte, NC, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Beacon Capital Advisory Group registered with the SEC or a state?", "a": "Beacon Capital Advisory Group is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333090." }, { "q": "How much does Beacon Capital Advisory Group manage?", "a": "Beacon Capital Advisory Group reports $223,538,419 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary)." }, { "q": "How have Beacon Capital Advisory Group's assets and staff changed since 2025?", "a": "In the Form ADV data for Beacon Capital Advisory Group: Regulatory assets under management: $151,717,271 in the October 2025 data and $223,538,419 in the October 2026 data, up 47%. Total employees: 5 in October 2025 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Beacon Capital Advisory Group serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (136); high net worth individuals (48)." }, { "q": "Which custodians does Beacon Capital Advisory Group use?", "a": "Beacon Capital Advisory Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets." }, { "q": "Does Beacon Capital Advisory Group report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/333090" }, { "q": "Does Beacon Capital Advisory Group state an account minimum?", "a": "Its Form ADV Part 2A brochure dated July 17, 2026 says: \"There is no account minimum for any of BCAG’s services.\"" }, { "q": "What changed in Beacon Capital Advisory Group's recent Form ADV filings?", "a": "In the August 2026 filing data: Registered or notice-filed in TX." } ], "filing_history": [ { "period": "2025-10-01", "regulatory_assets_under_management": 151717271.0, "total_employees": 5, "filing_date": "2025-07-15" }, { "period": "2026-10-01", "regulatory_assets_under_management": 223538419.0, "total_employees": 4, "filing_date": "2026-07-17" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Registered or notice-filed in TX." ] }, { "period": "2026-03-01", "period_label": "March 2026", "notes": [ "Regulatory assets under management went from $151,717,271 to $223,538,419 (+47%)." ] }, { "period": "2026-02-01", "period_label": "February 2026", "notes": [ "Registered or notice-filed in FL." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in NH." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated July 17, 2026", "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "There is no account minimum for any of BCAG’s services." ] } ], "quotes": [ "There is no account minimum for any of BCAG’s services." ], "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable." }, "custodians": [ { "name": "Fidelity Brokerage Services LLC", "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/beacon-capital-advisory-group-charlotte-nc-333090.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 136, "fewer_than_5": false, "raum": 51990013.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 48, "fewer_than_5": false, "raum": 171548406.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/333090", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }