DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Lighthouse Financial Management, LLC

Former SEC-registered adviserWesterly, Rhode IslandCRD 127748SEC 801-110214websiteIAPD
Latest filing Feb 26, 2025
First filing on the tape Mar 27, 2012 · 26 filings
SEC status approved since Mar 28, 2017
RAUM
$184M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$183M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
26 filings and snapshots on the tape
RAUM$184M as of Feb 26, 2025
Mar 27, 2012$61.3M then
HNW client RAUM$156M as of Feb 26, 2025
Mar 5, 2018$92.4M then
State-registered IARs (5.B.3)4 as of Feb 26, 2025
Mar 27, 20120 then
Employees (5.A)8 as of Feb 26, 2025
Mar 5, 20186 then
Private funds: no history
RAUM +7.6% over the last fiscal year+1.3% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Feb 26, 2025; every figure names its basis
RAUM per advisor
$46.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
30derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.3MderivedHNW RAUM over HNW clients
Average account
$410,977derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+7.6%derivedbetween the last two annual amendments
Advisor growth, one year
+33%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$11.9M, 13 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$156M84%
  • Individuals$27.5M15%
  • Pension and profit-sharing plans$1.1M0.6%
Individual clients
51reported
HNW clients
68reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
448reported
Financial planning clients
101-250reported
Wrap fee programs
noreported
Custody of client assets
$11.9M for 13 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Charles Stephen Poplaski · Managing Membercontrol
      since 01/2004 · owns 75% or more
    • Joy Maureen Poplaski · Chief Compliance Officer
      since 06/2009 · owns less than 5%
    Related persons
    Schedule D 7.A
    • Stephen C. Poplaski, Cpa, CFP?
      insurancen
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Westerly, Ri · principal000
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 457 to 448
      Nov 27, 2024 to Feb 26, 2025
    • Advisory employees · 3 to 4
      Nov 27, 2024 to Feb 26, 2025
    • Charity clients · 0.0 to unset
      Nov 27, 2024 to Feb 26, 2025
    • Corporate clients · 0.0 to unset
      Nov 27, 2024 to Feb 26, 2025
    • HNW clients · 63 to 68
      Nov 27, 2024 to Feb 26, 2025
    • Individual clients · 52 to 51
      Nov 27, 2024 to Feb 26, 2025
    • Pension plan clients · 0.0 to unset
      Nov 27, 2024 to Feb 26, 2025
    • Pooled vehicle clients · 1.0 to unset
      Nov 27, 2024 to Feb 26, 2025
    • Assets in custody · unset to 11930838.0
      Nov 27, 2024 to Feb 26, 2025
    • Custody of client assets · false to true
      Nov 27, 2024 to Feb 26, 2025
    • Employees · 3 to 8
      Nov 27, 2024 to Feb 26, 2025
    • Financial planning clients · 101-250 to 101-250
      Nov 27, 2024 to Feb 26, 2025
    • State-registered IARs · 3 to 4
      Nov 27, 2024 to Feb 26, 2025
    • Discretionary RAUM · $171M to $184M
      Nov 27, 2024 to Feb 26, 2025
    • HNW RAUM · $141M to $156M
      Nov 27, 2024 to Feb 26, 2025
    • Individual RAUM · $28.7M to $27.5M
      Nov 27, 2024 to Feb 26, 2025
    • Non-discretionary RAUM · $398,477 to $0
      Nov 27, 2024 to Feb 26, 2025
    • Pension RAUM · $0 to $1.1M
      Nov 27, 2024 to Feb 26, 2025
    • Pooled vehicle RAUM · 1063445.0 to unset
      Nov 27, 2024 to Feb 26, 2025
    • RAUM · $171M to $184M
      Nov 27, 2024 to Feb 26, 2025
    • Advisory activities · 3 to 4
      Feb 22, 2024 to Nov 27, 2024
    • Accounts · 462 to 457
      Jan 2, 2024 to Feb 22, 2024
    • HNW clients · 50 to 63
      Jan 2, 2024 to Feb 22, 2024
    • Individual clients · 68 to 52
      Jan 2, 2024 to Feb 22, 2024
    • Discretionary RAUM · $158M to $171M
      Jan 2, 2024 to Feb 22, 2024
    • HNW RAUM · $118M to $141M
      Jan 2, 2024 to Feb 22, 2024
    • Individual RAUM · $39.4M to $28.7M
      Jan 2, 2024 to Feb 22, 2024
    • Non-discretionary RAUM · $406,596 to $398,477
      Jan 2, 2024 to Feb 22, 2024
    • Pooled vehicle RAUM · $930,566 to $1.1M
      Jan 2, 2024 to Feb 22, 2024
    • RAUM · $158M to $171M
      Jan 2, 2024 to Feb 22, 2024
    • Advisory employees · 4 to 3
      Nov 21, 2023 to Jan 2, 2024
    • Employees · 4 to 3
      Nov 21, 2023 to Jan 2, 2024
    • State-registered IARs · 4 to 3
      Nov 21, 2023 to Jan 2, 2024
    • Advisory employees · 3 to 4
      Mar 13, 2023 to Jun 22, 2023
    • Employees · 3 to 4
      Mar 13, 2023 to Jun 22, 2023
    • State-registered IARs · 3 to 4
      Mar 13, 2023 to Jun 22, 2023
    • Accounts · 466 to 462
      Feb 23, 2022 to Mar 13, 2023
    • HNW clients · 62 to 50
      Feb 23, 2022 to Mar 13, 2023
    • Individual clients · 59 to 68
      Feb 23, 2022 to Mar 13, 2023
    • Pooled vehicle clients · 2 to 1
      Feb 23, 2022 to Mar 13, 2023
    Signals
    7 dated events
    • Lighthouse Financial Management, Llc no longer on the SEC adviser roster (last listed 2025-08-01, RAUM $184.1M)
      Sep 2, 2025 · Left the SEC roster · derived
    • Aaron Pleau Wade left Lighthouse Financial Management, Llc for Washington Trust Advisors (registered 2025-08-15)
      Jul 31, 2025 · Advisor changed firm · fact
    • Larry Matthew Henderson left Lighthouse Financial Management, Llc for Washington Trust Advisors (registered 2025-08-15)
      Jul 31, 2025 · Advisor changed firm · fact
    • Stephen Charles Poplaski left Lighthouse Financial Management, Llc for Washington Trust Advisors (registered 2025-08-19)
      Jul 31, 2025 · Advisor changed firm · fact
    • Lighthouse Financial Management, LLC's advisors moved to Washington Trust Advisors (Westerly, RI): 3 of 3 registered, on the same day
      Jul 31, 2025 · Firm absorbed (people side) · derived
    • Jeffrey Kohl Ludka left Lighthouse Financial Management, Llc for Essex Financial Services, Inc. (registered 2024-01-09)
      Jan 2, 2024 · Advisor changed firm · fact
    • Lighthouse Financial Management, Llc filed its initial SEC registration (Form ADV)
      Mar 17, 2017 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026