# First Light Investment Advisors

> First Light Investment Advisors is a state-registered investment advisory firm, registered since 2022, reporting under $25 million in regulatory assets under management in its Form ADV filing dated February 11, 2026.

- CRD: 318596
- Filed as: FIRST LIGHT INVESTMENT ADVISORS
- Legal name: First Light Investment Advisors LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Filing period: October 2026
- Form ADV filing dated: February 11, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/318596
- AdvisorCensus page: https://advisorcensus.com/firm/first-light-investment-advisors-318596

## Quick answers

**How is First Light Investment Advisors compensated?**
On its Form ADV (Item 5.E, October 2026), First Light Investment Advisors reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is First Light Investment Advisors registered with the SEC or a state?**
First Light Investment Advisors is a state-registered investment advisory firm, registered since 2022. Status as filed: APPROVED. CRD 318596.

**How much does First Light Investment Advisors manage?**
First Light Investment Advisors reports $12,369,492 in regulatory assets under management in its Form ADV filing dated February 11, 2026 (100% discretionary).

**What types of clients does First Light Investment Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (41).

**Does First Light Investment Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/318596

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $12,369,492
- Discretionary: $12,369,492
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 41 | $12,369,492 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2022 (4 years)
- Employees: 3 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MA, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- firstlightinvestment.com
- Facebook facebook.com
- LinkedIn @firstlightinvestment

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. First Light Investment Advisors (CRD 318596): Form ADV filing data as of October 2026.