# Petra Financial Advisors Inc

> Petra Financial Advisors Inc is an SEC-registered investment advisory firm in Colorado Springs, CO, registered since 1991, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.

- CRD: 107196
- Filed as: PETRA FINANCIAL ADVISORS INC
- Also doing business as: LIGHTHOUSE FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Colorado Springs, CO
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/107196
- AdvisorCensus page: https://advisorcensus.com/firm/petra-financial-advisors-inc-colorado-springs-co-107196

## Quick answers

**How is Petra Financial Advisors Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Petra Financial Advisors Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Petra Financial Advisors Inc charge?**
Its Form ADV Part 2A brochure dated March 2, 2026 states: Flat fee: $1,500 to $50,000 (Special Project). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Petra Financial Advisors Inc located?**
Petra Financial Advisors Inc's principal office is in Colorado Springs, CO, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Petra Financial Advisors Inc registered with the SEC or a state?**
Petra Financial Advisors Inc is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 107196.

**How much does Petra Financial Advisors Inc manage?**
Petra Financial Advisors Inc reports $447,237,190 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (100% discretionary).

**How have Petra Financial Advisors Inc's assets and staff changed since 2021?**
In the Form ADV data for Petra Financial Advisors Inc: Regulatory assets under management: $174,090,333 in the October 2021 data and $447,237,190 in the October 2026 data, up 157%. Total employees: 8 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Petra Financial Advisors Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (255); high net worth individuals (123).

**Which custodians does Petra Financial Advisors Inc use?**
Petra Financial Advisors Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fidelity Brokerage Services LLC (affiliated with the firm) and SEI Investments Distribution Co. as custodians holding 10% or more of its separately managed account assets.

**Does Petra Financial Advisors Inc 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/107196

**What changed in Petra Financial Advisors Inc's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $387,778,985 to $447,237,190 (+15%).

## From the Form ADV filing

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

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

- Flat fee: $1,500 to $50,000 (Special Project)

> Special Project fees are set based upon a fixed fee ranging from $1,500 to $50,000. Fees may be negotiable based on the nature and complexity of the services to be provided and the overall relationship with the Advisor.

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC (affiliated with the firm)
- SEI Investments Distribution Co.

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: $447,237,190
- Discretionary: $447,237,190
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 255 | $93,434,789 |
| High net worth individuals | 123 | $347,081,280 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $6,270,915 |
| Charitable organizations | Fewer than 5 | $450,206 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 1991 (35 years)
- Employees: 15 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, LA, NE, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Colorado Springs, CO
- Tempe, AZ

### Websites listed on Form ADV (Item 1.I)
- [lighthousefinancialllc.com](https://lighthousefinancialllc.com)
- [petrafinancial.com](https://petrafinancial.com)
- Facebook @LighthousefinancialLLC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $174,090,333 | 8 | April 1, 2021 |
| October 2022 | $248,967,083 | 8 | September 30, 2022 |
| October 2023 | $305,765,819 | 11 | April 13, 2023 |
| October 2024 | $357,186,375 | 13 | September 23, 2024 |
| October 2025 | $387,778,985 | 14 | March 10, 2025 |
| October 2026 | $447,237,190 | 15 | March 2, 2026 |

Regulatory assets under management: $174,090,333 in the October 2021 data and $447,237,190 in the October 2026 data, up 157%.
Total employees: 8 in October 2021 and 15 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $387,778,985 to $447,237,190 (+15%).

### December 2025
- Added an office in Colorado Springs, CO.
- No longer lists an office in Broomfield, CO.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Petra Financial Advisors Inc (CRD 107196): Form ADV filing data as of October 2026.