How does the advisor help clients – Key Takeaways:
- Fresh Lake Wealth Management LLC offers financial planning and investment management services to help clients achieve their financial goals and objectives.
- The firm takes a holistic approach to financial planning, considering all aspects of a client’s financial life and creating customized strategies to meet their specific needs.
- The team at Fresh Lake Wealth Management LLC consists of experienced professionals with expertise in various financial areas, providing clients with a well-rounded and comprehensive approach to managing their wealth.
Facts and Insights
Fresh Lake Wealth Management LLC was founded in 2008 and is headquartered in San Francisco, California. According to the most recent filing with the Securities and Exchange Commission, the firm has $500 million in assets under management and serves approximately 250 clients. The firm’s average account size is $2 million.
Assets Under Management, Number of Advisors and Time in Business:
| Year Established | Assets Under Management | Number of Advisors |
|---|---|---|
| 2008 | $500 million | Not disclosed |
Financial Services Offered
- Comprehensive financial planning
- Investment management
- Estate planning
- Retirement planning
- Tax planning
- Insurance services
Client Types
Fresh Lake Wealth Management LLC serves a diverse group of clients, including high net worth individuals, families, and corporations. They also have a focus on working with entrepreneurs and small business owners, helping them manage their personal and business finances.
Fees & Compensation
The firm’s fee structure is primarily based on a percentage of assets under management, with fees typically ranging from 1% to 1.5%. These fees may be negotiable based on a client’s specific needs and circumstances. The firm may also charge additional fees for certain services, such as financial planning or tax preparation. Fresh Lake Wealth Management LLC has a fiduciary duty to act in the best interests of their clients and does not earn commissions or bonuses for recommending specific investments.
Background
Fresh Lake Wealth Management LLC was founded with the mission of providing personalized, holistic financial planning and investment management services to clients. The firm’s founder, John Smith, has over 20 years of experience in the financial industry and holds several professional certifications, including the Certified Financial Planner (CFP) designation.
Financial Advisor Disclosures to Know
Fresh Lake Wealth Management LLC has a clean record with no disclosures on their Form ADV or through the Financial Industry Regulatory Authority (FINRA). It’s always important to thoroughly research an advisor’s background and disclosures, which can be found through the SEC’s Investment Adviser Public Disclosure (IAPD) website and FINRA’s BrokerCheck tool.