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.

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SEC-registered adviser

L••••••••• C•••••• R••••••••• M••••••••• L••

Asset manager (funds and pooled vehicles)New York, New YorkCRD 307933SEC 801-128356websiteIAPD
Latest filing Mar 30, 2026
First filing on the tape Jun 16, 2023 · 4 filings
SEC status approved since Jul 18, 2023
RAUM
$135M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
9
6 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
1
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$135M as of Mar 30, 2026
Mar 28, 2024$187M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 30, 2026
Mar 28, 20240 then
Employees (5.A)9 as of Mar 30, 2026
Mar 28, 202410 then
Private funds1 as of Mar 30, 2026
Mar 28, 20241 then
RAUM -18% over the last fiscal yearIARs 0 to 0
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$27.0MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived3 offices incl. principal (1.F.5)
RAUM growth, one year
-18%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$135M100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
5reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
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
none on the tape
    Joined, latest
    none on the tape
      Private funds
      1 reported on Schedule D 7.B.(1)
      Owners and control persons
      Schedule A and B, latest filing
      • K••• J••• L•• · Managing Directorcontrol
        since 11/2019 · owns less than 5%
      • W••••• S•••••• J••••• · Managing Director, Ccocontrol
        since 11/2019 · owns less than 5%
      • K••• J••• L•• · Member And Managing Directorcontrol
        since 12/2017 · owns 50% to 75% of L••••••••• G••••• L••
      • W••••• S•••••• J••••• · Member And Managing Directorcontrol
        since 12/2017 · owns 25% to 50% of L••••••••• G••••• L••
      Entity owners
      • L••••••••• G••••• L•• · Member
        direct · owns 75% or more
      Related persons
      Schedule D 7.A
      • L••••••••• C•••••• R••••••••• G• S•••••••
        pooled vehicle sponsorn
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • Advisory employees · 7 to 6
        Mar 31, 2025 to Mar 30, 2026
      • Employees · 10 to 9
        Mar 31, 2025 to Mar 30, 2026
      • Discretionary RAUM · $165M to $135M
        Mar 31, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $165M to $135M
        Mar 31, 2025 to Mar 30, 2026
      • RAUM · $165M to $135M
        Mar 31, 2025 to Mar 30, 2026
      • Advisory employees · 6 to 7
        Mar 28, 2024 to Mar 31, 2025
      • Financial planning clients · unset to
        Mar 28, 2024 to Mar 31, 2025
      • Discretionary RAUM · $187M to $165M
        Mar 28, 2024 to Mar 31, 2025
      • Pooled vehicle RAUM · $187M to $165M
        Mar 28, 2024 to Mar 31, 2025
      • RAUM · $187M to $165M
        Mar 28, 2024 to Mar 31, 2025
      • Employees · 8 to 10
        Jun 16, 2023 to Mar 28, 2024
      • HQ city · unset to NEW YORK
        Jun 16, 2023 to Mar 28, 2024
      • HQ state · unset to NY
        Jun 16, 2023 to Mar 28, 2024
      • Private funds · 2 to 1
        Jun 16, 2023 to Mar 28, 2024
      • Discretionary RAUM · $186M to $187M
        Jun 16, 2023 to Mar 28, 2024
      • Pooled vehicle RAUM · $186M to $187M
        Jun 16, 2023 to Mar 28, 2024
      • RAUM · $186M to $187M
        Jun 16, 2023 to Mar 28, 2024
      Signals
      1 dated events
      • L••••••••• C•••••• R••••••••• M••••••••• L•• filed its initial SEC registration (Form ADV)
        Jun 16, 2023 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/the-lightsmith-groupreportedpublic record, Form ADV, Sep 18, 2026
      Website
      l•••••••••.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      862-234-5135reportedpublic record, Form ADV, Mar 30, 2026
      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
      Asset manager (funds and pooled vehicles)deriveda 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