Lighthouse Financial Planning

What Lighthouse Financial Planning does

Lighthouse Financial Planning, LLC was a privately held financial planning and investment advisory firm organized as a Maryland LLC, headquartered at 1515 Allview Drive in Rockville, Maryland. The firm operated as a sole-practitioner practice, with Barry Korb serving as the owner and sole financial advisor. The firm offered two core services: comprehensive financial planning for individuals and investment advice, including portfolio recommendations and management. There was no sophisticated technology stack, no proprietary platform, no mobile application, and no API; the website was a basic informational page hosted on Squarespace that, by the end of 2025, displayed only a closure notice.

The firm's business model was a traditional fee-based advisory practice serving individual clients in Maryland, with no disclosed pricing, no institutional clients, no partnerships, no marketing channels, and no distribution structure beyond the founder's personal network. No revenue, AUM, or client count figures were disclosed in the available source material. The firm had no external investors, no parent entity, no subsidiaries, and no employees other than the owner. According to its own published closure notice, no new clients were accepted since the beginning of 2025, and all existing clients were notified in advance of the wind-down.

Lighthouse Financial Planning, LLC closed for business as of close of business on December 31, 2025, coinciding with Barry Korb's retirement. All active Engagement Agreements were terminated, and the firm deregistered from providing Financial Planning or Investment Advice. As of the available data, the company is no longer operational and has no remaining employees.

Name

Lighthouse Financial Planning

Legal name

Lighthouse Financial Planning, LLC

Website

https://lighthousefp.com

Company type

Private

Founded year

2003

Operating status

Closed

Headcount range

1–10 employees

Short description

Lighthouse Financial Planning, LLC was a sole-practitioner financial planning and investment advisory firm based in Rockville, Maryland, serving individual clients in Maryland. Founded and operated by Barry Korb, the firm permanently ceased operations and deregistered on December 31, 2025, with its sole advisor retiring.

Ownership category

akta.pro rank

Product category

Financial Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAEAAAA

Comprehensive Financial Planning

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Investment Advisory & Financial Planning

SECONDARYFSAAACAB

Financial Planning–Led RIAs

Financial & Insurance/Asset & Wealth Management/Registered Investment Advisors (RIAs) & Independent Wealth Managers

Keywords

• Financial planning services
• Investment advisory services
• Retirement planning advice
• Personal financial planning
• Investment portfolio advice

Headquarters

HQ city

Potomac

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Core offering

Lighthouse Financial Planning, LLC was a single-advisor firm that provided personalized Financial Planning and Investment Advice services to individual clients. The owner and sole advisor, Barry Korb, delivered comprehensive financial planning covering financial goals, retirement planning, and investment strategies, alongside investment advisory services that included recommendations and management of client investment portfolios. The firm operated under individually executed Engagement Agreements and ceased operations as of COB December 31, 2025.

Product overview

Lighthouse Financial Planning, LLC was a single-advisor financial planning firm offering Financial Planning and Investment Advice services. The company operated as a sole proprietorship under owner Barry Korb, who served as the sole advisor. The business has now closed as of December 31, 2025.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Planning

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights4 records

Broad incumbents

• Mariner Wealth Advisors: National RIA consolidator offering comprehensive financial planning, investment management, and tax services. Comparable to Lighthouse in core planning and investment advisory offering, but with institutional scale and a rollup acquisition strategy.
• Fisher Investments: Large investment advisory firm offering portfolio management and financial planning services primarily to high-net-worth individuals. Overlaps with Lighthouse's investment advice offering but operates at much greater AUM scale.
• Edelman Financial Engines: Largest independent financial planning and investment advisory firm in the U.S., offering comprehensive financial planning and investment advice to individuals — directly overlapping Lighthouse's service mix but at vastly greater scale and with an employed-advisor model rather than a sole proprietor.
• Raymond James Financial Services: Traditional financial services firm with a large network of independent advisors offering financial planning and investment advice. Comparable service offering to Lighthouse but with institutional back-office, compliance, and continuity support that addresses sole-advisor risk.
• Creative Planning: One of the largest independent RIAs in the U.S., providing comprehensive financial planning and investment management to individuals and families. Same product mix as Lighthouse (financial planning + investment advice) but at much greater scale.
• Schwab Wealth Advisory: Charles Schwab's discretionary wealth advisory service offering comprehensive financial planning and investment management. Comparable offering to Lighthouse but delivered by a major brokerage/institutional provider.
• Empower (formerly Personal Capital): Hybrid digital-plus-advisor financial planning and investment management platform serving individuals and HNW households. Comparable comprehensive planning and investment advice offering, scaled via technology rather than a sole-advisor model.
• Carson Wealth: RIA-focused wealth management firm offering comprehensive financial planning and investment advisory services to individuals and families. Comparable in service offering to Lighthouse but operates as a large, multi-advisor national platform.

Emerging players

• Facet Wealth: Tech-enabled financial planning firm delivering comprehensive financial planning and investment advice to individuals nationwide through a remote CFP-led model. Closest direct peer to a small, planning-focused RIA like Lighthouse, differentiated by technology-led delivery.

Direct peers

• Ronald Blue Trust: Independent, fee-only RIA providing comprehensive financial planning and investment management to individuals and families, with multiple regional offices. Same planning-led, fee-only model as Lighthouse and comparable in service philosophy, though operating at multi-advisor scale.

Market position

Strengths1 record

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/lighthouse-financial-planning

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lighthouse Financial Planning