Beverly, MA Office

First Light Investment Advisors provides fee-based, discretionary portfolio management to individuals, trusts, estates, charitable organizations and business entities, overseeing roughly 41 client relationships and about $12.4 million in assets under management. The firm’s client base is primarily individual investors rather than high‑net‑worth households.

The firm implements a tactical asset allocation strategy and customizes portfolios to client objectives, drawing on fundamental, technical and cyclical analysis. Portfolio implementation may include listed equities and options, short- and long-term trading, and the use of cash positions as tactical hedges; clients may also impose investment restrictions that the advisor will accommodate.

Compared with many peers, First Light is notable for not reporting high‑net‑worth clients and for operating at a modest scale with a small advisory team, emphasizing hands‑on discretionary management rather than selecting other advisers or participating in wrap programs. The brochure also discloses that the firm does not vote client proxies and reports no material industry affiliations, which may matter to clients who want direct control over proxy voting and limited external conflicts.