Lakes Wealth Advisory, LLC

Lakes Wealth Advisory provides discretionary investment management and financial planning services to individuals (including high‑net‑worth clients), trusts and estates, pension and profit‑sharing plans, 501(c)(3) non‑profit organizations, and corporations. Services described in the brochure include customized portfolio construction using mutual funds, ETFs, individual stocks and bonds, ongoing portfolio supervision, and standalone or bundled financial planning/consulting engagements.

The firm generally pursues a long‑term investment orientation while permitting shorter‑term trades for rebalancing or client cash needs, and uses both fundamental and technical analysis in its due diligence and portfolio decisions. It documents client goals and constraints in an investment policy statement, establishes strategic asset allocations, provides ongoing monitoring, and may employ margin, concentrated positions, or alternative investments where appropriate; the brochure notes a $2,000,000 minimum account size for advisory relationships.

Compared with many independent peers, Lakes Wealth Advisory explicitly includes institutional clients—pension and profit‑sharing plans, non‑profit organizations and corporate cash reserves—in its client base, a relatively uncommon offering for firms in this category. The firm also operates through institutional custody/execution platforms (Charles Schwab and Altruist) and notes that the principal maintains university teaching and a separate content business that may be used or licensed by the firm, features the brochure identifies as part of its operational profile.