{
  "crd_number": 288605,
  "slug": "bright-portfolios-llc-lee-s-summit-mo-288605",
  "primary_business_name": "BRIGHT PORTFOLIOS, LLC",
  "legal_name": "BRIGHT PORTFOLIOS, LLC",
  "dbas": [],
  "city": "Lee'S Summit",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "28140",
  "metro": {
    "cbsa_code": "28140",
    "common_name": "Kansas City",
    "msa_name": "Kansas City, MO-KS",
    "path": "/advisors/mo/kansas-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2024-12-13",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 135700708.0,
  "raum_discretionary": 135700708.0,
  "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": {
    "investment_companies": {
      "raum": 135700708.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "MO"
  ],
  "websites": [
    "https://brightportfolios.com",
    "https://linkedin.com/COMPANY/BRIGHTPORTFOLIOS"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288605",
  "city_as_filed": "LEE'S SUMMIT",
  "url": "https://advisorcensus.com/firm/bright-portfolios-llc-lee-s-summit-mo-288605",
  "display_name": "Bright Portfolios, LLC",
  "summary": "Bright Portfolios, LLC is an SEC-registered investment advisory firm in Lee'S Summit, MO, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. Bright Portfolios, LLC (CRD 288605): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for investment companies (and business development companies)",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Bright Portfolios, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bright Portfolios, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "Where is Bright Portfolios, LLC located?",
      "a": "Bright Portfolios, LLC's principal office is in Lee'S Summit, MO, according to its Form ADV."
    },
    {
      "q": "Is Bright Portfolios, LLC registered with the SEC or a state?",
      "a": "Bright Portfolios, LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 288605."
    },
    {
      "q": "How much does Bright Portfolios, LLC manage?",
      "a": "Bright Portfolios, LLC reports $135,700,708 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have Bright Portfolios, LLC's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Bright Portfolios, LLC: Regulatory assets under management: $81,061,964 in the October 2025 data and $135,700,708 in the October 2026 data, up 67%. Total employees: 4 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 Bright Portfolios, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: investment companies (1)."
    },
    {
      "q": "Does Bright Portfolios, LLC 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/288605"
    },
    {
      "q": "Does Bright Portfolios, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"We offer services to other registered investment advisers and exchange traded funds. We do not require a minimum account balance.\""
    },
    {
      "q": "What changed in Bright Portfolios, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $81,061,964 to $135,700,708 (+67%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 81061964.0,
      "total_employees": 4,
      "filing_date": "2025-03-31"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 135700708.0,
      "total_employees": 4,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $81,061,964 to $135,700,708 (+67%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 3 to 2."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We offer services to other registered investment advisers and exchange traded funds. We do not require a minimum account balance."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 0.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "We offer services to other registered investment advisers and exchange traded funds. We do not require a minimum account balance."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/bright-portfolios-llc-lee-s-summit-mo-288605.md",
  "clients": [
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 135700708.0
    }
  ],
  "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/288605",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}