Lake Effect Wealth LLC

RIAState Registered

Total AUM

$18.3M

Discretionary

$16.7M

91% of AUM

Avg account

$425K

Accounts

Employees

Advisory reps

Firm details

Headquarters: ,
CRD number: 306464
Website: www.lakeeffectwealth.com
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.