About Us
Founded in 2003 by Steve Wotovich, Lighthouse Financial is a full-service asset management firm overseeing more than $800 million in client assets. Lighthouse Financial is dedicated to delivering a high standard of service while simplifying the complexities of wealth management. The goal is simple: to make your financial life clear, seamless, and built to compound over time.
As President and Portfolio Manager, Steve brings more than 28 years of experience in the financial services industry. A cum laude graduate of Harvard College, he has built his career on helping clients achieve their long-term financial goals. With a focus on disciplined management and daily account oversight, clients receive thoughtful, attentive, and best-in-class service.
Frequently Asked Questions
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The mission of Lighthouse Financial is to preserve and grow client assets by investing in a combination of stocks, bonds, mutual funds and exchange traded funds. We monitor the portfolios and provide ongoing investment management and financial planning guidance.
Lighthouse Financial adheres to long-term trading strategies, rather than short term trading. The chosen investments are based on a client’s personalized financial plans, goals and risk tolerance.
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All of our services are tailored to clients’ needs, based on our assessment of your needs, goals, risk tolerances, time horizon. These goals and objectives are detailed in each advisory client’s investment policy statement and guided by a financial plan.
The plan and policy statement will be based on your current investments, financial condition, tax rate and your investment experience. We will recommend a portfolio strategy and investments suited to your goals and based on current market conditions.
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Client portfolios are reviewed daily and each asset management client receives a written portfolio update with performance reports every three months.
Clients will also receive monthly statements and confirmations of all transactions within your account from Schwab or an alternative custodian selected by the client.
Additional reviews may be triggered by market, economic, political events, or material changes to a client’s financial situation.
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To remain focused on our client’s financial needs the minimum asset requirement for Asset Management Supervisory services is $500,000. This requirement may be waived in some circumstances.
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A copy of Lighthouse Financial is available free upon request from any client or prospective client. This code of ethics covers but is not limited to Insider Trading, Conflicts of Interest, Confidentiality, and Compliance. All employees are required to act within the standards of the firm’s code of ethics and with all federal and state regulations governing registered investment advisory practices.
Given that the firm’s principal owner is both a Certified Financial planner and Chartered Financial analyst, the company also adheres to the published code of ethics provided by the CFP board and the CFA Institute.