LAKE STREET

RIASEC RegisteredEst. 2018

Total AUM

$1.2B

Discretionary

$1B

89% of AUM

Avg account

$576K

Accounts

2,012

Employees

Advisory reps

Firm details

Headquarters: CHICAGO, Illinois
CRD number: 296761
Registered since: May 16, 2018
Website: lakest.com
Custodians: RAYMOND JAMES & ASSOCIATES, INC., CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI79.4%
Pension & Profit Sharing Plans11.6%
Individuals8.02%
Corporations / Businesses0.57%
Charitable Organizations0.4%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension Consulting

Firm profile

FINTRX

Overview

Lake Street operates as an independent registered investment adviser organized as an LLC and registered with the SEC in 2018. The firm serves both individual and institutional clients, offering financial planning, portfolio management for individuals, small businesses and institutions, and pension consulting. Its fee schedules include percentage-of-AUM billing alongside hourly and fixed-fee arrangements. Lake Street is not positioned primarily as a capital allocator; it does, however, act as sponsor, general partner, and managing member for pooled investment vehicles, indicating an active role in running certain private or pooled strategies. The firm is not an active ESG investor. Lake Street was included on Forbes' America's Top RIA Firms list in 2023.