Broadlake Financial Management

Broadlake Financial Management, operating as Eley Financial Management Inc., is a registered investment advisor founded in 1989 by Gary W Eley and now owned by Joseph M Diebold and Matthew A Malaney. The firm specializes in discretionary asset management, tailoring investments based on client risk tolerance, time horizon, and objectives. Clients can impose additional restrictions, such as socially responsible criteria. The firm offers personal financial planning sessions and advises on employer-sponsored retirement plans. As of 12/31/2022, the firm managed $285,126,849 on a discretionary basis. Fees are asset-based, ranging from 1% to negotiable rates, debited quarterly. Clients may pay additional fees for custodial services, internal fund fees, and trade commissions. Investment strategies include fundamental, macro-economic, and technical analysis across various securities. The firm does not have disciplinary information and uses Fidelity and Charles Schwab for brokerage services. Client accounts are reviewed by the investment committee, and clients have discretion over voting securities. The firm does not take custody of client assets but has the authority to manage investments on a discretionary basis. Eley Financial Management does not have financial constraints affecting client commitments.