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Lake Park Advisors

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Client assets under management

$21,653,000

Clients

86

17% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

43

Typical

Average account size

$251,779

About

Lake Park Advisors provides discretionary investment management, financial planning, and qualified-plan consulting primarily to individual and high‑net‑worth clients, and also works with corporations and business entities. The firm delivers tailored portfolio management, written investment policy/risk‑tolerance documentation, and periodic account reviews, and does not sell annuities or insurance products.

The firm’s investment process emphasizes fundamental analysis and individualized strategies based on each client’s objectives and time horizon, with quarterly reviews and more frequent monitoring when market conditions warrant. Lake Park Advisors uses third‑party custodians and service providers for execution and reporting and discloses that some vendors incorporate artificial intelligence and machine‑learning components, which the firm reviews as part of its vendor due diligence.

What distinguishes the firm from many peers is its close affiliation with an accounting and tax‑preparation practice: the firm’s principals spend roughly half of their time delivering CPA and tax services and may offer those services to advisory clients, with disclosures and procedures in place to mitigate conflicts of interest. The advisory team also combines CFP and CPA credentials and long professional experience, pairing investment management with in‑house tax and accounting capabilities not commonly offered by firms of its size.

Client services

Financial planning Portfolio management

Expertise

General estate planning guidance Tax strategies for small businesses Active portfolio management

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Fee options

Fixed

Up to $6,000 for financial planning (negotiable fixed fee)

Percentage

1.0% annually

Project-based

$175 per hour (negotiable based on complexity) for qualified plan consulting

Other

Account minimum: $50,000

Main office location

Lake Park Advisors

4718 Lake Park Drive, Suite 1

Johnson City TN 37615, United States

Number of offices

1

Most active in

Tennessee · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Austin R

Series 65

Johnson City, TN

Lake Park Advisors

Austin Reppart is a financial advisor at Lake Park Advisors with 10 years of industry experience and holds a Series 65 designation. He also serves as an operations manager and staff accountant at Eddy, CPA, where he provides tax preparation and accounting services. Lake Park Advisors offers discretionary portfolio management, financial planning, and qualified plan consulting to individuals and business entities, managing approximately $18.7 million across 91 client relationships. The firm’s approach includes tailored investment programs based on clients’ goals and risk tolerance, with an emphasis on fundamental analysis and a range of investment strategies. A notable aspect of the firm is its affiliation with an active CPA and tax-preparation practice, providing clients with integrated tax and investment services or the option to keep them separate.

General estate planning guidance Tax strategies for small businesses Active portfolio management
user avatar

Richard E

CFP®, Series 63, Series 65

Johnson City, TN

Lake Park Advisors

Richard Eddy is a CFP® with 10 years of industry experience and is a partner at Eddy, CPA, an accounting and tax preparation firm. He operates under Richard E. Eddy, CFP®, LLC dba Financial Leadership and serves clients through Lake Park Advisors in Johnson City, TN. He is also a member of the finance committee at First United Methodist Church. Lake Park Advisors provides discretionary portfolio management, financial planning, and qualified plan consulting to individuals and business entities. The firm manages approximately $18.7 million for around 91 clients, employing a methodology that incorporates fundamental analysis and tailored investment strategies aligned with each client’s goals and risk tolerance.

General estate planning guidance Tax strategies for small businesses Active portfolio management
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