Lake Road Advisors, LLC is a financial advisory firm established in January 2016, located in Corning, NY. The firm specializes in investment advisory services and comprehensive financial planning. They manage both discretionary and non-discretionary assets, with $72,513,337 under discretionary management and $5,577,289 under non-discretionary management as of December 31, 2024. Lake Road Advisors offers services through third-party money managers for portfolio management and provides one-on-one financial planning over an extended period. Clients receive continuous access to a planner who assists in various financial areas such as cash flow management, college savings, employee benefits optimization, estate planning, retirement planning, risk management, and tax planning strategies. For investment advisory services and comprehensive financial planning, Lake Road Advisors charges an annual advisory fee based on the account balance. The fee ranges from 1.25% for balances up to $1,000,000 to negotiable rates for balances above $4,000,001. Additionally, comprehensive financial planning incurs an upfront fee of $3,000 - $4,000 and an ongoing fee of $750 - $1,000 per quarter. The firm does not accept performance-based fees and requires a minimum account size of $500,000. Lake Road Advisors acts as a fiduciary, ensuring the best interests of clients are prioritized. Clients have the option to impose restrictions on investments, and the firm practices passive investment management primarily. The firm does not participate in wrap fee programs and recommends custodial broker-dealers based on reputation, services, and financial stability. The firm's principal owner is Paul V. Sydlansky, who is a Certified Financial Planner (CFP®) and has a background in financial services. Hayley P. Haslett serves as the Lead Advisor at Lake Road Advisors, also holding a CFP® designation. The firm does not have any disciplinary history, and both advisors are supervised by Paul V. Sydlansky, the President and Chief Compliance Officer.