Harborlight Investments, LLC

HarborLight Investments serves individuals (including high-net-worth clients), pension and profit-sharing plans, charitable organizations, and small businesses. The firm offers discretionary portfolio management (including firm-developed model portfolios), a web-based automated portfolio service, financial planning, financial consulting, and pension consulting.

Investment advice is delivered through tailored, discretionary management with ongoing monitoring and periodic rebalancing, and web-based clients complete an online questionnaire that maps them to proprietary models used for automatic implementation. The firm discloses a range of analytic methods (fundamental, technical, modern portfolio theory) and states that it conducts regular account reviews and implements trading and rebalancing in line with client objectives and the platform’s trading policies.

Compared with many similarly sized supported firms, HarborLight discloses that it may use borrowing (margin) and derivatives (including options) in separately managed accounts, a practice the brochure identifies as less common among peers. The firm also combines a traditional advisory practice with a Betterment for Advisors web-based platform, recommends non-traded REITs to accredited investors, and staffs advisors with CFP credentials and institutional experience in portfolio management and derivatives.