Lake State Financial manages investment portfolios for individuals, high net-worth individuals, and other entities. They develop investment plans based on clients' goals, risk tolerance, and time horizons. Lake State primarily uses passive investment management, building portfolios with diverse asset classes using index mutual funds or exchange-traded funds.
Assets Under Management$2.8M
Clients8
Advisors1
Avg. per Client$350K
Avg. per Advisor$2.8M
Fee Structure
Minimum Investment:$100K
Investment management only (planning not offered)
Minimum Annual Fee:$3,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 2.00% |
| $500K - $2.0M | 1.50% |
| $2M+ | 1.00% |
Fees are negotiable.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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