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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

LANTERN WEALTH ADVISORS, LLC

CRD 147420

MELVILLE, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3e60331a-5b9b-e7b4-b436-b63856b3bc7c

Data as of Aug 18, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:22 AM UTC and rebuilt at most every 15 minutes.

Relationships: 41
Dated events: 6
On other graphs: 0
Observed: Dec 26, 2013 to Aug 18, 2026
45 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=0.84 fund_share=0.0 institutional_share=0.16 related_bd=true related_bank=false bd_reps=16.0
Regulatory AUM: $320MItem 5.F on the latest filing (2026-08-18); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $307M
Private client RAUM: $269MderivedItem 5.D individuals plus high net worth individuals
Private client share: 84%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 26
RAUM per advisor: $12.3Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 26
Advisory employees: 26
Offices: 5Schedule D 1.F, beyond the principal office
Accounts: 398
Individual clients: 115
High net worth clients: 60
SEC number: 801-79035
CRD: 147420
Filings on the tape: 45
First filed: Dec 26, 2013
Latest filed: Aug 18, 2026
Organised: Limited Liability Company, DE
Website: heroldlantern.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
KEITH MICHAEL LANTON	n/a	MELVILLE, NY	15	34	n/a	yes
MANUEL ARIAS	n/a	SAN FRANCISCO, CA \| MELVILLE, NY	15	34	1	yes
WILLIAM SELVAGGI	n/a	HOUSTON, TX	14	38	2	yes
GARY LEE VOGT	n/a	MELVILLE, NY	14	43	n/a	yes
LAURENCE JAMES HAYES	n/a	Geneva, IL \| MELVILLE, NY	12	39	n/a	yes
EUGENE DAVID LANTON	n/a	MELVILLE, NY	11	42	n/a	yes
ALAN MICHAEL EPPERS	n/a	MELVILLE, NY	10	35	3	yes
WILLIAM PAUL FINKELSTEIN	n/a	MELVILLE, NY	5	12	n/a	yes
WENDY DIANE SHEFTEL	n/a	MELVILLE, NY	5	34	n/a	yes
SALVATORE FAVAROLO	n/a	MELVILLE, NY	5	27	1	yes
ALEX PLATONOV	n/a	MELVILLE, NY	5	21	n/a	yes
JAN GUNTHER	n/a	MELVILLE, NY	5	44	n/a	yes
SABRINA ADELINE STEWART	n/a	San Francisco, CA \| MELVILLE, NY	4	37	1	yes
JOSEPH BENJAMIN RUBY	n/a	MELVILLE, NY \| San Francisco, CA	4	27	n/a	yes
Peter Michael Katz	n/a	New York, NY \| MELVILLE, NY	2	44	1	yes
Nicholas Brill Brown	n/a	East Hampton, NY \| MELVILLE, NY	2	35	2	yes
BRADLEY RICHARD HARRIS	n/a	New York, NY \| MELVILLE, NY	1	38	n/a	yes
KEVIN ANDERS	n/a	SAN FRANCISCO, CA \| MELVILLE, NY	1	33	1	yes
JOHN DOUGLAS ALBERT	n/a	MELVILLE, NY \| N Dinwiddie, VA	1	36	1	yes
MARC DANIEL AIKEN	n/a	MELVILLE, NY \| Miami, FL	1	42	1	yes
BURTON JAY DROBNIS	n/a	San Francisco, CA \| MELVILLE, NY	0	36	n/a	yes

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
EISENBERG, MARK, M	Member	E	yes	11/2012	Dec 26, 2013	Mar 29, 2024
HEROLD, LAWRENCE, STEPHEN	Owner	C	yes	11/2020	May 1, 2018	Mar 29, 2024
LANTON, KEITH, MICHAEL	President	Na	yes	04/2008	Dec 26, 2013	Mar 29, 2024
LANTON, KEITH, MICHAEL	Owner	C	yes	11/2020	Dec 26, 2013	Mar 29, 2024
PERCHERON ASSET MANAGEMENT GROUP, INC.	Member	E	yes	11/2020	Dec 1, 2020	Mar 29, 2024
SHEFTEL, WENDY, DIANE	ASSOCIATE COMPLIANCE OFFICER	Na	yes	01/2015	Dec 26, 2013	Mar 29, 2024
SHEFTEL, WENDY, DIANE	Owner	C	yes	11/2020	Dec 26, 2013	Mar 29, 2024
STASCO, DAPHNE JO	CHIEF COMPLIANCE OFFICER	Na	yes	01/2015	Mar 27, 2015	Mar 29, 2024
MARKPET, LLC	Member	B	no	01/2017	Mar 29, 2017	Mar 29, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
HEROLD ADVISORS, INC.	n/a	Independent wealth	$540M	N	yes	n/a
HEROLD & LANTERN INVESTMENTS, INC.	n/a	n/a	n/a	N	yes	n/a
HEROLD INSURANCE AGENCY, INC.	n/a	n/a	n/a	N	yes	n/a
LANTERN INSURANCE BROKERAGE, INC.	n/a	n/a	n/a	N	yes	n/a
PERCHERON ASSET MANAGEMENT GROUP, INC.	n/a	n/a	n/a	Y	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
SAN FRANCISCO	CA	United States	4	yes
Barrington	IL	United States	1	yes

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 27, 2026	$320M	$307M	26	26	4	n/a	n/a
2024	Mar 31, 2025	$265M	$258M	20	15	4	n/a	n/a
2023	Mar 29, 2024	$228M	$223M	14	13	2	n/a	n/a
2022	Mar 30, 2023	$175M	$170M	14	12	2	n/a	n/a
2021	Mar 31, 2022	$166M	$161M	10	8	2	n/a	n/a
2020	Mar 31, 2021	$151M	$147M	13	8	3	n/a	n/a
2019	Mar 25, 2020	$118M	$117M	13	9	3	n/a	n/a
2018	Mar 27, 2019	$94.9M	$94.7M	10	9	4	n/a	n/a
2017	Mar 27, 2018	$92.1M	$91.9M	9	8	4	n/a	n/a
2016	Mar 29, 2017	$61.4M	$61.3M	5	5	n/a	n/a	n/a
2015	Mar 30, 2016	$57.9M	$57.8M	6	6	n/a	n/a	n/a
2014	Mar 27, 2015	$85.0M	$85.0M	8	8	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	5	1

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$320M	$265M	20.5%	$175M	22.4%	26	20	5	4

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
SECURITIES RESEARCH, INC. OF FLORIDA	2	Jun 16, 2025	Jul 1, 2025	MIAMI, FL	Team lift out	Other	66.7%

Relationships

Affiliated with (2)

← HEROLD ADVISORS, INC.Registered adviserother investment adviser, common control
factForm ADV
→ HEROLD ADVISORS, INC.Registered adviserother investment adviser, common control
factForm ADV

Registered with (30)

← BURTON JAY DROBNISAdvisorregistration: current employment
Feb 12, 2026 to presentfactForm ADV
← MARC DANIEL AIKENAdvisorregistration: current employment
Jul 1, 2025 to presentfactForm ADV
← JOHN DOUGLAS ALBERTAdvisorregistration: current employment
Jun 24, 2025 to presentfactForm ADV
← Michael John BottoniAdvisorregistration: current employment
May 22, 2025 to presentfactForm ADV
← KEVIN ANDERSAdvisorregistration: current employment
Jan 1, 2025 to presentfactForm ADV
← BRADLEY RICHARD HARRISAdvisorregistration: current employment
Sep 23, 2024 to presentfactForm ADV
← Nicholas Brill BrownAdvisorregistration: current employment
Jul 31, 2024 to presentfactForm ADV
← Peter Michael KatzAdvisorregistration: current employment
Apr 29, 2024 to presentfactForm ADV
← FRANCIS GEORGE HORNEFFAdvisorregistration: current employment
Apr 2, 2024 to presentfactForm ADV
← HENRY STEVEN PACHTAdvisorregistration: current employment
Mar 27, 2024 to presentfactForm ADV
← Hunter Wagner LantonAdvisorregistration: current employment
Mar 10, 2023 to presentfactForm ADV
← SABRINA ADELINE STEWARTAdvisorregistration: current employment
Apr 1, 2022 to presentfactForm ADV
← JOSEPH BENJAMIN RUBYAdvisorregistration: current employment
Apr 1, 2022 to presentfactForm ADV
← MARIO JOHN GIAMMARCOAdvisorregistration: current employment
Feb 7, 2022 to presentfactForm ADV
← WILLIAM PAUL FINKELSTEINAdvisorregistration: current employment
Sep 16, 2021 to presentfactForm ADV
← WENDY DIANE SHEFTELAdvisorregistration: current employment
Sep 16, 2021 to presentfactForm ADV
← SALVATORE FAVAROLOAdvisorregistration: current employment
Sep 16, 2021 to presentfactForm ADV
← ALEX PLATONOVAdvisorregistration: current employment
Sep 16, 2021 to presentfactForm ADV
← JAN GUNTHERAdvisorregistration: current employment
Sep 16, 2021 to presentfactForm ADV
← ALAN MICHAEL EPPERSAdvisorregistration: current employment
Feb 18, 2016 to presentfactForm ADV
← EUGENE DAVID LANTONAdvisorregistration: current employment
Mar 5, 2015 to presentfactForm ADV
← LAURENCE JAMES HAYESAdvisorregistration: current employment
Jan 21, 2014 to presentfactForm ADV
← GARY LEE VOGTAdvisorregistration: current employment
Feb 8, 2012 to presentfactForm ADV
← WILLIAM SELVAGGIAdvisorregistration: current employment
Sep 22, 2011 to presentfactForm ADV
← KEITH MICHAEL LANTONAdvisorregistration: current employment
Oct 13, 2010 to presentfactForm ADV
← MANUEL ARIASAdvisorregistration: current employment
Oct 13, 2010 to presentfactForm ADV
← DAVID LEO SPIEGELAdvisorregistration: previous registration
Sep 14, 2020 to Jul 1, 2025factForm ADV
← ALEXANDER BERND OVERKAMPAdvisorregistration: previous registration
Jul 15, 2014 to Jan 7, 2016factForm ADV
← JAMES NORMAN RILEYAdvisorregistration: previous registration
Feb 18, 2015 to Apr 1, 2015factForm ADV
← NABIL BOUABAdvisorregistration: previous registration
Jul 2, 2013 to Jul 10, 2013factForm ADV

Controls (6)

← LANTON, KEITH, MICHAELOwnerOWNER, ownership code C, individual
Dec 26, 2013 to Mar 29, 2024factForm ADV
← EISENBERG, MARK, MOwnerMEMBER, ownership code E, individual
Dec 26, 2013 to Mar 29, 2024factForm ADV
← SHEFTEL, WENDY, DIANEOwnerOWNER, ownership code C, individual
Dec 26, 2013 to Mar 29, 2024factForm ADV
← STASCO, DAPHNE JOOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Mar 27, 2015 to Mar 29, 2024factForm ADV
← HEROLD, LAWRENCE, STEPHENOwnerOWNER, ownership code C, individual
May 1, 2018 to Mar 29, 2024factForm ADV
← PERCHERON ASSET MANAGEMENT GROUP, INC.OwnerMEMBER, ownership code E, domestic entity
Dec 1, 2020 to Mar 29, 2024factForm ADV

Owns (1)

← MARKPET, LLCOwnerMEMBER, ownership code B, domestic entity
Mar 29, 2017 to Mar 29, 2024factForm ADV

Dated events

Occurred
Mar 27, 2026
Advisor headcount changed
Lantern Wealth Advisors, Llc reported 26 state-registered advisory representatives, up from 16 (2025-06-30 to 2026-03-27)
Form ADVobserved 4 days ago
10 IARS
Occurred
Jul 1, 2025
Advisor changed firm
David Leo Spiegel left Lantern Wealth Advisors, Llc for Gci Financial Group (registered 2025-07-16)
Form ADVobserved 4 days ago
Occurred
Jun 16, 2025
Team lift-out
2 advisors left Securities Research, Inc. OF Florida (Miami, FL) for Lantern Wealth Advisors, LLC on the same day
Form ADVobserved 2 days ago
2 advisors
Occurred
Mar 31, 2021
Control person left
Margaret Paula Herold (Owner) no longer on Schedule A of Lantern Wealth Advisors, Llc (listed 2020-12-01, absent 2021-03-31)
Form ADVobserved 4 days ago
Occurred
Dec 1, 2020
Control person left
Patricia Barbara Lanton (Member) no longer on Schedule A of Lantern Wealth Advisors, Llc (listed 2020-06-26, absent 2020-12-01)
Form ADVobserved 4 days ago
Occurred
Dec 26, 2013
First Form ADV filing
Lantern Wealth Advisors, Llc filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:3e60331a-5b9b-e7b4-b436-b63856b3bc7c
First observed: Dec 26, 2013
Last observed: Aug 18, 2026 32 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

LANTERN WEALTH ADVISORS, LLC

CRD 147420

MELVILLE, NY

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:3e60331a-5b9b-e7b4-b436-b63856b3bc7c

Data as of Aug 18, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 2:22 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

KEITH MICHAEL LANTON

n/a

MELVILLE, NY

n/a

yes

MANUEL ARIAS

n/a

SAN FRANCISCO, CA | MELVILLE, NY

yes

WILLIAM SELVAGGI

n/a

HOUSTON, TX

yes

GARY LEE VOGT

n/a

MELVILLE, NY

n/a

yes

LAURENCE JAMES HAYES

n/a

Geneva, IL | MELVILLE, NY

n/a

yes

EUGENE DAVID LANTON

n/a

MELVILLE, NY

n/a

yes

ALAN MICHAEL EPPERS

n/a

MELVILLE, NY

yes

WILLIAM PAUL FINKELSTEIN

n/a

MELVILLE, NY

n/a

yes

WENDY DIANE SHEFTEL

n/a

MELVILLE, NY

n/a

yes

SALVATORE FAVAROLO

n/a

MELVILLE, NY

yes

ALEX PLATONOV

n/a

MELVILLE, NY

n/a

yes

JAN GUNTHER

n/a

MELVILLE, NY

n/a

yes

SABRINA ADELINE STEWART

n/a

San Francisco, CA | MELVILLE, NY

yes

JOSEPH BENJAMIN RUBY

n/a

MELVILLE, NY | San Francisco, CA

n/a

yes

Peter Michael Katz

n/a

New York, NY | MELVILLE, NY

yes

Nicholas Brill Brown

n/a

East Hampton, NY | MELVILLE, NY

yes

BRADLEY RICHARD HARRIS

n/a

New York, NY | MELVILLE, NY

n/a

yes

KEVIN ANDERS

n/a

SAN FRANCISCO, CA | MELVILLE, NY

yes

JOHN DOUGLAS ALBERT

n/a

MELVILLE, NY | N Dinwiddie, VA

yes

MARC DANIEL AIKEN

n/a

MELVILLE, NY | Miami, FL

yes

BURTON JAY DROBNIS

n/a

San Francisco, CA | MELVILLE, NY

n/a

yes

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

EISENBERG, MARK, M

Member

yes

11/2012

Dec 26, 2013

Mar 29, 2024

HEROLD, LAWRENCE, STEPHEN

Owner

yes

11/2020

May 1, 2018

Mar 29, 2024

LANTON, KEITH, MICHAEL

President

yes

04/2008

Dec 26, 2013

Mar 29, 2024

LANTON, KEITH, MICHAEL

Owner

yes

11/2020

Dec 26, 2013

Mar 29, 2024

PERCHERON ASSET MANAGEMENT GROUP, INC.

Member

yes

11/2020

Dec 1, 2020

Mar 29, 2024

SHEFTEL, WENDY, DIANE

ASSOCIATE COMPLIANCE OFFICER

yes

01/2015

Dec 26, 2013

Mar 29, 2024

SHEFTEL, WENDY, DIANE

Owner

yes

11/2020

Dec 26, 2013

Mar 29, 2024

STASCO, DAPHNE JO

CHIEF COMPLIANCE OFFICER

yes

01/2015

Mar 27, 2015

Mar 29, 2024

MARKPET, LLC

Member

01/2017

Mar 29, 2017

Mar 29, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

HEROLD ADVISORS, INC.

n/a

Independent wealth

$540M

yes

n/a

HEROLD & LANTERN INVESTMENTS, INC.

n/a

yes

n/a

HEROLD INSURANCE AGENCY, INC.

n/a

yes

n/a

LANTERN INSURANCE BROKERAGE, INC.

n/a

yes

n/a

PERCHERON ASSET MANAGEMENT GROUP, INC.

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

SAN FRANCISCO

United States

yes

Barrington

United States

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 27, 2026

$320M

$307M

n/a

2024

Mar 31, 2025

$265M

$258M

n/a

2023

Mar 29, 2024

$228M

$223M

n/a

2022

Mar 30, 2023

$175M

$170M

n/a

2021

Mar 31, 2022

$166M

$161M

n/a

2020

Mar 31, 2021

$151M

$147M

n/a

2019

Mar 25, 2020

$118M

$117M

n/a

2018

Mar 27, 2019

$94.9M

$94.7M

n/a

2017

Mar 27, 2018

$92.1M

$91.9M

n/a

2016

Mar 29, 2017

$61.4M

$61.3M

n/a

2015

Mar 30, 2016

$57.9M

$57.8M

n/a

2014

Mar 27, 2015

$85.0M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$320M

$265M

20.5%

$175M

22.4%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

SECURITIES RESEARCH, INC. OF FLORIDA

Jun 16, 2025

Jul 1, 2025

MIAMI, FL

Team lift out

Other

66.7%