Lake Street Advisors

Lake Street Advisors Group, LLC, operating as Lake Street Advisors, is a registered investment adviser founded in 2003, with corporate headquarters in Portsmouth, NH. The firm specializes in serving about 79 high-wealth family clients, offering multi-family office and wealth management services. Lake Street Advisors prides itself on being an independent, fee-only adviser, providing services such as financial planning, asset allocation, investment management, and holistic family office services. The firm offers discretionary and non-discretionary investment management services, tailoring recommendations to each client's unique circumstances and risk tolerance. Lake Street Advisors follows an investment philosophy based on Modern Portfolio Theory, emphasizing diversification for optimal returns. The firm manages approximately $3.108 billion in Regulatory Assets Under Management as of December 31, 2023. Clients can expect transparent fee structures, with investment management fees calculated based on total assets under management. Lake Street Advisors does not charge performance-based fees and acts as a fiduciary under ERISA and the IRC. The firm emphasizes client communication, with annual and quarterly reporting, ongoing account reviews, and client involvement in decision-making processes. Clients have the option to authorize discretionary trading and impose reasonable restrictions on investments. Lake Street Advisors does not vote proxies but may assist with class action claims upon client authorization. The firm maintains a Code of Ethics and complies with regulatory requirements for client protection and transparency. For more information, clients can access the firm's complete brochure by contacting [email protected].