Lake Park Advisors is a registered investment advisor based in Johnson City, Tennessee. The firm offers discretionary portfolio management, personalized financial planning, and retirement plan consulting to individuals and high-net-worth clients. Lake Park Advisors builds custom investment strategies based on each client's specific goals, time horizon, and risk tolerance using fundamental analysis. In addition to investment management, the team provides comprehensive financial planning covering wills, trusts, investments, taxes, and insurance. The firm operates as a fee-based practice and does not sell annuities or insurance products. Co-owner Richard Eddy also operates an external tax preparation and accounting practice, providing clients with access to those additional services.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.00% |
Fees are billed quarterly in arrears at an annual rate of 1.0%. Rates may be negotiable, and accounts within the same household may be combined for a reduced fee.