Lakeport Advisors provides customized wealth management services through continuous personal client contact, offering discretionary investment management and a broad range of comprehensive financial planning. Lakeport Advisors constructs portfolios primarily using low-cost mutual funds, exchange-traded funds, individual stocks, and bonds, tailored to each client's goals, risk tolerance, and time horizon. The firm offers two service tiers for wealth management and financial planning. Financial planning services cover investment planning, retirement planning, personal savings, and education savings, with options for annual or semi-annual reviews. Lakeport Advisors operates as a registered investment advisor located in Tabor, South Dakota, owned and operated by Jordan J. Hejna.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.75% |
| $1M+ | 0.65% |
Fees apply to Tier 1 Wealth Management Services. Tier 2 rates are 1.10% on the first $1 million and 0.95% on amounts over $1 million. Fees may be negotiable at the advisor's discretion.