Lake Street

RIASEC RegisteredEst. 2018

Total AUM

$1.2B

Discretionary

$1B

89% of AUM

Avg account

$576K

Accounts

2,012

Employees

Advisory reps

Firm details

Headquarters: Chicago, Illinois
CRD number: 296761
Registered since: May 16, 2018
Website: lakest.com
Custodians: RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI79.4%
Pension & Profit Sharing Plans11.6%
Individuals8.02%
Corporations / Businesses0.57%
Charitable Organizations0.4%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Lake Street is an independent registered investment adviser organized as an LLC and first registered with the SEC in 2018. The firm serves both individual and family clients as well as institutional accounts, offering financial planning, discretionary portfolio management for individuals and small businesses, institutional portfolio management, and pension consulting. Its fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm does not identify as a capital allocator or an ESG-focused investor. It is involved in sponsoring and managing pooled investment vehicles, acting in sponsor, general partner, or managing-member roles for those vehicles. Lake Street was listed among America's Top RIA Firms by Forbes in 2023.