Bright Wealth Management, Llc
- Regulatory AUM
- $265M
- Discretionary
- $265M
- Clients
- 180
- Avg AUM / client
- $1.5M
- Accounts
- 478
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jun 17, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 117 | $38.7M | 14.6% |
| High net worth individuals | 58 | $202M | 76.3% |
| Charitable organizations | 2 | $11.0M | 4.14% |
| Corporations and other businesses | 3 | $13.0M | 4.91% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Paul L Thibodeaux | President/Managing Director/Chief Compliance Officer | Jun 2017 (9y) | Less than 5% | |
| Bright, Harvey, R | Manager | Aug 2020 (6y) | GP / trustee / elected manager of Bright Industries, Llc (indirect) | |
| Bright, Justin, C | Manager | Aug 2020 (6y) | GP / trustee / elected manager of Bright Industries, Llc (indirect) | |
| Bright, Parker, M | Trustee | Aug 2020 (6y) | GP / trustee / elected manager of Clay Van Ness Bright Family Trust (indirect) | |
| Koons, Virginia, Bright | Trustee | Aug 2020 (6y) | GP / trustee / elected manager of Clay Van Ness Bright Family Trust (indirect) | |
| Bearden, Mary, Katherine | Manager | Sep 2022 (4y) | GP / trustee / elected manager of Bright Industries, Llc (indirect) | |
| Mark Thompson Lagrone | Registered representative | CFA | May 2016 (10y) | |
| Arthur David Crowley | Registered representative | Apr 2019 (7y) | ||
| Christopher John Caporaletti | Registered representative | Mar 2022 (4y) | ||
| Thomas B Underwood | Registered representative | CFP | Sep 2024 (2y) | |
| Jerred Michael Horace Crowley | Registered representative | Jan 2025 (2y) | ||
| Brooke Ashley Chandler | Registered representative | Oct 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Bright Capital Group, Llc | Sole Member | Oct 2013 | A | 75% or more |
| Bright Industries, Llc | Managing Member | Nov 2012 | B | ≈ 56.25% – 100% via Bright Capital Group, Llc |
| The Christopher Roberts Bright Family Trust | Member | Sep 2022 | B | ≈ 28.13% – 75% via Bright Industries, Llc |
| Clay Van Ness Bright Family Trust | Member | Aug 2020 | B | ≈ 28.13% – 75% via Bright Industries, Llc |
| Wealth Advisors Trust Company | Independent Trustee | Aug 2020 | B | GP / trustee / elected manager of Clay Van Ness Bright Family Trust (indirect) |
| Wilmington Trust Company | Administrative Trustee | Aug 2020 | B | GP / trustee / elected manager of Clay Van Ness Bright Family Trust (indirect) |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Bright Industries, Llc: 75% – 100% of Bright Capital Group, Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- The Christopher Roberts Bright Family Trust: 50% – 75% of Bright Industries, Llc × 75% – 100% of Bright Capital Group, Llc × 75% – 100% direct ≈ 28.13% – 75% of the firm
- Clay Van Ness Bright Family Trust: 50% – 75% of Bright Industries, Llc × 75% – 100% of Bright Capital Group, Llc × 75% – 100% direct ≈ 28.13% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/17/2026 | 1.19 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Other fees
- • SHARES IN FEES PAID TO THIRD-PARTY ADVISERS
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- Charles Schwab & Co. $265M (100% of AUM) Jun 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 17, 2026.
View current Form ADV (SEC/IAPD) ↗