Lighthouse Financial Network
Lighthouse Financial Network is a privately held financial advisory firm headquartered in Melville, NY, providing wealth management, financial planning, estate planning, retirement planning, and insurance brokerage services to individual clients, families, and business owners across the United States through approximately 44 advisors and 11 affiliated offices, with securities offered via its Osaic Wealth affiliation.
- Company typePrivate
- Founded2008
- HeadquartersMelville, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Lighthouse Financial Network does
Lighthouse Financial Network, LLC is a privately held financial advisory and insurance brokerage firm headquartered in Melville, NY, founded in 2008. The firm delivers wealth management, financial planning, estate planning, business succession planning, retirement planning, and a range of insurance products (life, disability income, long-term care) to individual clients, families, and business owners across the United States. It operates through a network of approximately 44 named financial advisors — many holding advanced designations such as CLU, ChFC, CFP, JD, CPA, LL.M., LUTCF, and CDFA — supported by a headquarters and 11 affiliated offices nationwide, and is registered to sell securities in all 50 US states, the District of Columbia, and Puerto Rico.
The firm's product portfolio is unified rather than modular: core advisory services are delivered through a four-step process (Consultation, Analysis, Solutions, Monitor & Review), and securities and investment advisory services are offered through an affiliation with Osaic Wealth, Inc. (member FINRA/SIPC), which provides the consolidated operational platform for back-office processing, compliance, and client relationship management. LFN Brokerage, a dedicated insurance brokerage division, provides carrier-neutral product selection with direct relationships to major insurance carriers, dedicated underwriters, and end-to-end processing. Supporting digital tools include financial calculators, educational videos, resource articles, and a financial glossary, with affiliation programs (Independent Financial Representative and Producer Group) used to recruit advisors into the network.
The revenue model is hybrid: fee-based recurring revenue from advisory accounts and financial planning through Osaic Wealth's Corporate Investment Advisory Program, and transaction/commission revenue from insurance brokerage and securities transactions. The firm is led by CEO and President Athan P. Vorilas, supported by a Director of Supervision, Director of Compliance, Director of Insurance Division, and Office Manager, and is independently owned from Osaic Wealth. No venture capital, private equity, or institutional ownership signals are present in available sources.
Lighthouse Financial Network firmographics
Firmographics- Name
- Lighthouse Financial Network
- Legal name
- Lighthouse Financial Network, LLC
- Website
- https://lfnllc.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Lighthouse Financial Network is a privately held financial advisory firm headquartered in Melville, NY, providing wealth management, financial planning, estate planning, retirement planning, and insurance brokerage services to individual clients, families, and business owners across the United States through approximately 44 advisors and 11 affiliated offices, with securities offered via its Osaic Wealth affiliation.
- Ownership category
- akta.pro rank
Lighthouse Financial Network industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Finance and Insurance (52), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282), Life Insurance (6311)
- akta.pro primary industry
- Insurance-Integrated Wealth Managers (RIA + Insurance Solutions) (FSAAACAI)
- akta.pro secondary industries
- Financial Planning–Led RIAs (FSAAACAB), Private Client/High-Net-Worth Advisory (FSAEAAAN)
Keywords
Where Lighthouse Financial Network is headquartered
LocationHeadquarters
- HQ city
- Melville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Lighthouse Financial Network business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Securities and Investment Advisory Services: Securities and investment advisory services offered through the firm's affiliation with Osaic Wealth, Inc. (member FINRA/SIPC), including general securities, mutual funds, limited partnerships, customized financial and estate planning, private money management, individual asset management, and mutual fund wrap programs. Osaic Wealth provides fee-based advisory accounts and fee-based financial planning through qualified representatives enrolled in the Osaic Wealth Corporate Investment Advisory Program.
- Insurance Products and Brokerage: The firm provides insurance products including life insurance, disability income insurance, long-term care insurance, and other protection products from a wide range of insurance carriers through its LFN Brokerage division. Insurance products generate commission-based revenue through a carrier-neutral brokerage model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Fee-based advisory accounts and financial planning through Osaic Wealth, Inc. |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
Lighthouse Financial Network product offering
Product offeringCore offering
Lighthouse Financial Network provides comprehensive wealth management, financial planning, estate planning, business succession planning, business planning, retirement planning, and compensation design services to individuals, families, and business owners across the United States. The firm delivers insurance products (life, disability income, long-term care) through its LFN Brokerage division on a carrier-neutral basis, and offers securities and investment advisory services (mutual funds, limited partnerships, private money management, individual asset management, wrap programs) through its affiliation with Osaic Wealth, Inc. (member FINRA/SIPC).
Product overview
Lighthouse Financial Network is a financial advisory firm that operates as a unified financial services offering, not a modular platform architecture. The company provides a comprehensive suite of financial planning and advisory services centered around core offerings including Wealth Management, Financial Planning, Estate Planning, Business Succession Planning, Business Planning, Retirement Planning, and various Insurance products (Life, Disability Income, and Long-Term Care). Securities and investment services are offered through affiliation with Osaic Wealth, Inc., including General Securities, Mutual Funds, Limited Partnerships, Private Money Management, Individual Asset Management, and Mutual Fund Wrap Programs. LFN Brokerage is a key division providing full-scale brokerage operations with relationships to major insurance carriers. Supporting the advisory services, the company offers digital tools including Financial Calculators, Educational Videos, Resource Center Articles, and a Financial Glossary. The firm also operates affiliation programs (Independent Financial Representative and Producer Group) and platforms (Broker/Dealer Platform, Corporate Registered Investment Adviser Platform, Comprehensive Protection Platform) for financial professionals seeking to join the network.
Differentiator
Problem solved
Functional benefit
Brands
- LFN Brokerage: A division of Lighthouse Financial Network, LLC that operates as a full-scale brokerage operation providing a vast array of insurance products and company offerings. The division has direct relationships with major insurance carriers in the industry.
Products and services
- Wealth Management Comprehensive wealth management service that considers client needs, goals, and financial information to create customized investment and planning strategies for individuals and families.
- Financial Planning Personalized financial planning service covering analysis of current financial situations, translation of goals, and delivery of customized financial solutions for clients.
- Estate Planning Estate planning service enabling clients to manage affairs during their lifetime and control the distribution of wealth after death, delivered in coordination with clients' attorneys and trustees.
- Business Succession Planning Business succession planning service that addresses business continuity if an owner dies, including successor readiness and owner retirement planning for business-owner clients.
- Business Planning Comprehensive business planning service to help business owners support and execute their business growth plans.
- Retirement Planning Retirement planning and conservation service that helps clients create plans addressing concerns about retirement outcomes and post-retirement income sustainability.
- Compensation Design Service helping business owners design competitive employee compensation and benefits packages to attract and retain talent.
- Life Insurance Life insurance product for individual and business risk management, including protection against loss of key employees and family income protection.
- Disability Income Insurance Disability income insurance product that pays a portion of insured income when a specified disability makes working uncomfortable, painful, or impossible.
- Long-Term Care Insurance Long-term care insurance product covering the cost of medical and non-medical services needed by individuals with a chronic illness or disability.
- LFN Brokerage Full-scale insurance brokerage division providing carrier-neutral product selection, dedicated underwriters, and professional business processing from application to delivery, serving agents and brokers.
- General Securities General securities investment service offered through Osaic Wealth, Inc. (member FINRA/SIPC), provided to clients by qualified representatives enrolled in the Osaic Wealth Corporate Investment Advisory Program.
- Mutual Funds Mutual fund investment product and advisory service made available to clients through the firm's affiliation with Osaic Wealth, Inc.
- Limited Partnerships Limited partnership investment opportunities made available to qualified investors through the firm's Osaic Wealth, Inc. affiliation.
- Private Money Management Private money management service providing personalized investment strategies for individual clients, offered through the Osaic Wealth, Inc. affiliation.
- Individual Asset Management Individual asset management service providing personalized investment portfolio management for clients, delivered through the Osaic Wealth, Inc. affiliation.
- Mutual Fund Wrap Programs Mutual fund wrap program offering bundled investment services to clients through the Osaic Wealth, Inc. Corporate Investment Advisory Program.
Companies that use Lighthouse Financial Network
Customer profileSegments2 records
Ideal customer profiles2 records
Lighthouse Financial Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Lighthouse Financial Network partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Royal AlliancecoreIn October 2018, Lighthouse Financial Network announced a new partnership with Royal Alliance as part of the firm's strategy to leverage technology and adapt to changes in how financial services are delivered to clients. Royal Alliance is a national independent broker-dealer and registered investment advisor platform.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Lighthouse Financial Network competitors and assessment
Company assessmentDirect peers
- Waddell & Reed Financial: Mid-sized wealth management and insurance firm offering financial planning and investment advisory services through affiliated advisors. Comparable scale and product mix to Lighthouse.
- Commonwealth Financial Network: Independent broker-dealer and RIA supporting affiliated financial advisors with wealth, retirement, and insurance solutions. Closely comparable to Lighthouse in business model — affiliated advisors, insurance integration, and reliance on a parent broker-dealer platform.
- Cambridge Investment Research: Independent broker-dealer and RIA platform supporting affiliated financial professionals with wealth management and insurance offerings. Matches Lighthouse in advisor-affiliation model and insurance integration via the platform.
- Cetera Financial Group: Network of independent broker-dealer firms serving affiliated financial advisors with securities, advisory, and insurance products. Highly comparable structure: affiliated advisors, dual fee/commission revenue, and planning-led wealth practice.
- Kestra Financial: Independent wealth platform serving affiliated advisors and producer groups with securities, advisory, and insurance solutions. Comparable in operating model and reliance on a centralized broker-dealer/RIA infrastructure.
Broad incumbents
- MassMutual Financial Group: Mutual insurer with a substantial wealth management arm and advisor network delivering integrated insurance and investment solutions. Comparable insurance-led wealth model, though at a significantly larger scale.
- Ameriprise Financial: Diversified wealth and asset manager with a large captive advisor force offering financial planning, investments, and insurance. Comparable broad-wealth offering, but with proprietary platforms and national brand scale.
- Northwestern Mutual: Large insurance-led wealth manager with captive advisors offering planning, investments, and insurance. Comparable to Lighthouse in insurance-wealth integration, but operates at much greater scale with proprietary products.
- Advisor Group: Parent organization of Osaic Wealth (Lighthouse's affiliated broker-dealer) and several other wealth platforms. Direct corporate parent of Lighthouse's underlying infrastructure, making it the most relevant incumbent comparable.
Emerging players
- PlanMember Financial: Smaller-scale RIA and insurance platform focused on retirement planning and wealth management for individuals and business owners. Comparable planning-led and retirement-focused positioning to Lighthouse's core offering.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Lighthouse Financial Network social profiles
Digital presenceLighthouse Financial Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lighthouse Financial Network leadership team
Management profileNumber of profiles
Profiles6 records
Lighthouse Financial Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lighthouse Financial Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lighthouse Financial Network
What does Lighthouse Financial Network do?
Lighthouse Financial Network provides comprehensive wealth management, financial planning, estate planning, business succession planning, business planning, retirement planning, and compensation design services to individuals, families, and business owners across the United States. The firm delivers insurance products (life, disability income, long-term care) through its LFN Brokerage division on a carrier-neutral basis, and offers securities and investment advisory services (mutual funds, limited partnerships, private money management, individual asset management, wrap programs) through its affiliation with Osaic Wealth, Inc. (member FINRA/SIPC).
Is Lighthouse Financial Network a public or private company?
Lighthouse Financial Network is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Lighthouse Financial Network founded?
Lighthouse Financial Network was founded in 2008. It employs 251 to 500 people.
Where is Lighthouse Financial Network based?
Lighthouse Financial Network is headquartered in Melville, United States, in the North America region.
How does Lighthouse Financial Network make money?
Two revenue lines are on record. Securities and Investment Advisory Services are the primary driver. The others are insurance Products and Brokerage.
Who are Lighthouse Financial Network's main competitors?
Direct peers on record are Waddell & Reed Financial, Commonwealth Financial Network, Cambridge Investment Research, Cetera Financial Group and Kestra Financial. Broad incumbents are MassMutual Financial Group, Ameriprise Financial, Northwestern Mutual and Advisor Group. PlanMember Financial is listed as an emerging player.
Does Lighthouse Financial Network have an API?
No public API is recorded for Lighthouse Financial Network.
What industry is Lighthouse Financial Network in?
Lighthouse Financial Network's product category is Wealth Management. Its primary akta.pro industry code is FSAAACAI, Insurance-Integrated Wealth Managers (RIA + Insurance Solutions), with a secondary code of FSAAACAB, Financial Planning–Led RIAs. Its NAICS code is 523940 and its SIC code is 6282.