Great Lakes Wealth offers investment and financial advice to individuals and other clients. Services include asset management, comprehensive portfolio management, and financial planning. For investment management, Great Lakes Wealth creates tailored portfolios using stocks, ETFs, mutual funds, and other investments. The firm also provides financial planning services covering retirement, estate, tax, and education planning. Great Lakes Wealth utilizes third-party managers in certain client accounts.
Fee Structure
Great Lakes Wealth offers different levels of service with varying fees based on the amount you invest and the type of investment strategy you choose (Conservative, Balanced, or Growth). The fees are calculated as a percentage of your portfolio's value each year, billed quarterly. The percentage charged decreases as the amount you invest increases. Fees are negotiable for portfolios over $15,000,000.
For "Basic Clients" with less than $1,000,000, Great Lakes Wealth offers asset management services. For "Preferred Clients" with $1,000,000 to $2,500,000, Great Lakes Wealth offers wealth management services. For "Private Clients" with over $2,500,000, Great Lakes Wealth offers comprehensive wealth management services.