Lake Effect Wealth LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Lake Effect Wealth provides discretionary portfolio management and financial planning to individuals, high‑net‑worth clients, and corporations or other businesses. Its services include project‑based and comprehensive financial planning and extend to business planning and employee benefits optimization.
The firm primarily practices passive investment management informed by Modern Portfolio Theory, building asset‑class portfolios using index mutual funds and ETFs, while also employing both fundamental and technical analysis for security and sector decisions. Client portfolios are constructed around individualized investment policy statements and, for managed accounts, the adviser generally operates with discretionary authority.
As a solo adviser, LEW reports about $18.26 million in assets under management across 12 client relationships and explicitly includes corporate/business clients among its client types, a service focus that is less common among peers. The brochure states the firm receives compensation only directly from clients (it does not accept commissions or other third‑party product sales), does not receive soft‑dollar benefits, does not aggregate or block trades, and uses Schwab Institutional for custody and operational support.
Client services
Expertise
Occupation focus
Fee options
$0 - $2,000,000: 1.000% annually $2,000,001+: 0.800% annually
$200.00 - $300.00 per hour, with a 10 hour minimum
Main office
Charlotte NC
Advisors at this office
1
Most active in
Illinois · North Carolina
Disclosures
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Business activities & affiliations
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Lawyer
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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