Great Lakes Retirement Planning provides investment advice and financial planning. They manage 401(k), SIMPLE IRA, traditional and Roth IRA, taxable investment, and 529 college savings accounts. Investment strategies are tailored to each client's financial situation, risk tolerance, and investment goals. They do not sell wrap fee programs.
Assets Under Management$6.7M
Clients72
Advisors1
Avg. per Client$92K
Avg. per Advisor$6.7M
Fee Structure
Investment management only (planning not offered)
Great Lakes Retirement Planning charges a percentage of your portfolio's value each year. The exact percentage depends on the type of account you have and how much you invest. Here's a general overview:
- 401(k) Accounts (John Hancock): Fees range from 0.15% to 0.55% depending on the amount invested.
- SIMPLE IRA Accounts (American Funds): Fees range from 0.50% to 1% depending on the amount invested.
- Traditional IRA, Roth IRA, & Other IRA Accounts:
- American Funds: Fees range from 0.50% to 1% depending on the amount invested. Minimum to open an account is $10,000.
- Interactive Brokers: Fees range from 0.45% to 0.85% depending on the amount invested. Minimum to open an account is $100,000.
- Taxable Investment Accounts:
- American Funds: Fees range from 0.50% to 1% depending on the amount invested. Minimum to open an account is $10,000.
- Interactive Brokers: Fees range from 0.45% to 0.85% depending on the amount invested. Minimum to open an account is $100,000.
- 529 College Savings Accounts (Capital Bank and Trust): 1% of the amount invested. Minimum to open an account is $10,000.
These fees are taken directly from your account by the custodian.
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