{
  "crd_number": 164408,
  "slug": "bright-road-wealth-management-llc-anchorage-ak-164408",
  "primary_business_name": "BRIGHT ROAD WEALTH MANAGEMENT, LLC",
  "legal_name": "BRIGHT ROAD WEALTH MANAGEMENT, LLC",
  "dbas": [],
  "city": "Anchorage",
  "state": "AK",
  "country": "United States",
  "cbsa_code": "11260",
  "metro": {
    "cbsa_code": "11260",
    "common_name": "Anchorage",
    "msa_name": "Anchorage, AK",
    "path": "/advisors/ak/anchorage"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2020-01-16",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-05",
  "carried_forward": false,
  "raum_total": 443261739.0,
  "raum_discretionary": 431681868.0,
  "raum_non_discretionary": 11579871.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 13,
  "advisory_employees": 10,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 13717849.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 161882873.0,
      "count": 510
    },
    "pension_profit_sharing": {
      "raum": 11579871.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 256081146.0,
      "count": 104
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "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",
    "AZ",
    "CA",
    "CO",
    "DC",
    "NE",
    "TX",
    "WA"
  ],
  "websites": [
    "https://brightroadwealth.com",
    "https://facebook.com/BRIGHTROADWEALTH",
    "https://instagram.com/brightroadwealthmanagement"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/164408",
  "city_as_filed": "ANCHORAGE",
  "url": "https://advisorcensus.com/firm/bright-road-wealth-management-llc-anchorage-ak-164408",
  "display_name": "Bright Road Wealth Management, LLC",
  "summary": "Bright Road Wealth Management, LLC is an SEC-registered investment advisory firm in Anchorage, AK, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.",
  "citation": "AdvisorCensus. Bright Road Wealth Management, LLC (CRD 164408): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "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 Bright Road Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bright Road Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Bright Road Wealth Management, LLC located?",
      "a": "Bright Road Wealth Management, LLC's principal office is in Anchorage, AK, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Bright Road Wealth Management, LLC registered with the SEC or a state?",
      "a": "Bright Road Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 164408."
    },
    {
      "q": "How much does Bright Road Wealth Management, LLC manage?",
      "a": "Bright Road Wealth Management, LLC reports $443,261,739 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (97% discretionary)."
    },
    {
      "q": "How have Bright Road Wealth Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Bright Road Wealth Management, LLC: Regulatory assets under management: $148,851,174 in the October 2021 data and $443,261,739 in the October 2026 data, up 198%. Total employees: 3 in October 2021 and 13 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bright Road Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (510); high net worth individuals (104); pension and profit sharing plans (but not the plan participants or government pension plans) (8)."
    },
    {
      "q": "Which custodians does Bright Road Wealth Management, LLC use?",
      "a": "Bright Road Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Bright Road Wealth Management, 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/164408"
    },
    {
      "q": "What changed in Bright Road Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $349,477,061 to $443,261,739 (+27%). Registered or notice-filed in NE."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 148851174.0,
      "total_employees": 3,
      "filing_date": "2021-09-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 186530972.0,
      "total_employees": 8,
      "filing_date": "2022-08-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 209168851.0,
      "total_employees": 10,
      "filing_date": "2023-08-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 284102559.0,
      "total_employees": 10,
      "filing_date": "2024-03-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 349477061.0,
      "total_employees": 12,
      "filing_date": "2025-07-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 443261739.0,
      "total_employees": 13,
      "filing_date": "2026-03-05"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $349,477,061 to $443,261,739 (+27%).",
        "Registered or notice-filed in NE."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Added an office in Austin, TX."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Employees performing advisory functions went from 9 to 10."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "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/bright-road-wealth-management-llc-anchorage-ak-164408.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 510,
      "fewer_than_5": false,
      "raum": 161882873.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 104,
      "fewer_than_5": false,
      "raum": 256081146.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 11579871.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 13717849.0
    }
  ],
  "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/164408",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}