# Beacon Capital Advisory Group

> 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.

- CRD: 333090
- Filed as: BEACON CAPITAL ADVISORY GROUP
- Legal name: Davidson Advisory Group, LLC
- Also doing business as: NORTHLIGHT ASSET MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Charlotte, NC
- Filing period: October 2026
- Form ADV filing dated: July 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/333090
- AdvisorCensus page: https://advisorcensus.com/firm/beacon-capital-advisory-group-charlotte-nc-333090

## Quick answers

**How is Beacon Capital Advisory Group compensated?**
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.

**How much does Beacon Capital Advisory Group charge?**
Its Form ADV Part 2A brochure dated July 17, 2026 states: Flat fee: $10,000 (creating client financial plans). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Beacon Capital Advisory Group located?**
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).

**Is Beacon Capital Advisory Group registered with the SEC or a state?**
Beacon Capital Advisory Group is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 333090.

**How much does Beacon Capital Advisory Group manage?**
Beacon Capital Advisory Group reports $223,538,419 in regulatory assets under management in its Form ADV filing dated July 17, 2026 (100% discretionary).

**How have Beacon Capital Advisory Group's assets and staff changed since 2025?**
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.

**What types of clients does Beacon Capital Advisory Group serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (136); high net worth individuals (48).

**Which custodians does Beacon Capital Advisory Group use?**
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.

**Does Beacon Capital Advisory Group report any disciplinary disclosures?**
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

**Does Beacon Capital Advisory Group state an account minimum?**
Its Form ADV Part 2A brochure dated July 17, 2026 says: "There is no account minimum for any of BCAG’s services."

**What changed in Beacon Capital Advisory Group's recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in TX.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Commissions
- Other

### Fees and minimums (Form ADV Part 2A brochure dated July 17, 2026)

- Account minimum: None

> There is no account minimum for any of BCAG’s services.

- Flat fee: $10,000 (creating client financial plans)

> The negotiated fixed rate for creating client financial plans will not exceed $10,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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.

### Regulatory assets under management (Item 5.F)
- Total: $223,538,419
- Discretionary: $223,538,419
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 136 | $51,990,013 |
| High net worth individuals | 48 | $171,548,406 |

### Advisory services (Item 5.G)
- 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

### Firm details
- Registered since: 2024 (1 year)
- Employees: 4 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, FL, NC, NH, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Cornelius, NC

### Websites listed on Form ADV (Item 1.I)
- beaconcag.com
- northlightam.com
- LinkedIn @beaconcag
- LinkedIn @northlightam

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $151,717,271 | 5 | July 15, 2025 |
| October 2026 | $223,538,419 | 4 | July 17, 2026 |

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.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in TX.

### March 2026
- Regulatory assets under management went from $151,717,271 to $223,538,419 (+47%).

### February 2026
- Registered or notice-filed in FL.

### December 2025
- Registered or notice-filed in NH.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Beacon Capital Advisory Group (CRD 333090): Form ADV filing data as of October 2026.