Great Lakes Wealth, LLC manages investment portfolios and provides financial planning and consulting services for individuals, families, trusts, and businesses. Great Lakes Wealth offers different service levels depending on portfolio size, including Asset Management for accounts under $1,000,000, Wealth Management for accounts between $1,000,000 and $2,500,000, and Comprehensive Wealth Management for accounts over $2,500,000. Services cover investment planning, retirement planning, tax strategies, estate planning, education funding, and insurance reviews. Great Lakes Wealth also provides retirement plan consulting services for employer-sponsored plans.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.90% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.5M | 0.95% |
| $2.5M - $5.0M | 0.85% |
| $5.0M - $10.0M | 0.70% |
| $10.0M - $15.0M | 0.55% |
| $15M+ | 0.55% |
Rates vary by investment strategy (Conservative, Balanced, Growth). The schedule reflects the highest growth strategy rates per tier. Fees are negotiable for accounts over $15,000,000.