Lake Effect Wealth LLC

RIASEC Registered
Total AUM
$18.3M
Discretionary
$16.7M
91% of AUM
Avg account
$425K
Accounts
43
Employees
1
Advisory reps
1

Firm details

Headquarters
,
CRD number
306464
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI82.39%
  • Individuals12.89%
  • Corporations / Businesses4.72%
Services
Financial PlanningPortfolio Management for Individuals

Firm profile

FINTRX

Overview

Lake Effect Wealth LLC is an independent registered investment adviser that serves individual and family clients, with a small-business advisory tilt. The firm provides financial planning and portfolio management and bills through a mix of AUM-based fees, hourly charges, and fixed fees. It is not positioned as a capital allocator to third-party managers and does not identify as an active ESG investor. Business activity information also lists the firm as engaging in other financial product sales.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 92%, Cash & Cash Equivalents 6%, Investment Grade Corp Bonds 1%, Non-Investment Grade Corp Bonds 1%92%
  • Exchange Traded Equities92%
  • Cash & Cash Equivalents6%
  • Investment Grade Corp Bonds1%
  • Non-Investment Grade Corp Bonds1%

Owners & executives

1 of 1
  • Andrew Driscoll

    Andrew Driscoll

    Owner, Chief Compliance OfficerCRD 7210808

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

FINTRX

Location

Primary office

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Location

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Headquartered in , null.

Office locations

Similar firms

Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth