Blake Wealth Strategies

Blake Wealth Strategies provides discretionary portfolio management, financial planning, and retirement‑plan consulting to individuals, trusts, estates and business entities. Services described in the firm brochure include asset management delivered through a third‑party platform, referrals to third‑party managers, fixed‑fee financial planning (capped at $500), and ERISA plan services for 401(k), 403(b), pension and profit‑sharing plans.

The firm implements client strategies primarily by using third‑party platforms and managers, developing investment policy statements and tailoring asset allocation and security selection to each client’s objectives, with account reviews performed at least quarterly; security analysis may include fundamental research and long‑term purchase strategies. When advising retirement plans, the firm may act as a non‑discretionary 3(21) fiduciary or as a discretionary 3(38) investment manager and monitors third‑party manager performance while delivering required disclosures to clients.

Notable distinctions for this small, independent firm include an affiliated insurance business in which the firm’s principal sells insurance products and receives commissions (an activity that occupies a substantial portion of their time) and an explicit focus on ERISA pension consulting and 3(38) plan management, both of which are less common among peers. The brochure also discloses referral and incentive arrangements with third‑party managers — including sharing a portion of TPM fees and participation in an incentive program — and states these potential conflicts are disclosed to clients and mitigated through the firm’s disclosure practices and fiduciary obligations; the firm reports approximately $3.47 million in discretionary AUM and about 29 client relationships.