Lake Street Private Wealth provides investment management, financial planning, and consulting services to individuals, high-net-worth families, businesses, trusts, estates, and retirement plans. The firm builds customized portfolios primarily using individual stocks, exchange-traded funds, bonds, and mutual funds, managing them either with full decision-making authority or on a non-discretionary advisory basis. Lake Street emphasizes global diversification, fundamental and technical research, and tax-efficient strategies. In addition to core portfolio management, the firm advises on outside assets such as retirement accounts and stock options, coordinates retirement plan services, and offers access to private investment funds through affiliated entities for qualified clients. Financial planning is typically included at no extra charge for clients with significant portfolios.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 2.00% |
The maximum annual fee is up to 2.0% for discretionary management and up to 1.5% for non-discretionary advisory services. Fees are negotiable based on factors such as anticipated future assets, account size, and complexity.