2nd Quarter 2022

Welcome back and happy spring! Inside Look is Lake Street Advisors' newsletter where we will provide you with our insights in addition to industry related news, articles, and updates within our firm.

Lake Street Update

If you follow us on LinkedIn you know that we are growing and recently relocated our Boston office (Portsmouth will be ready soon!) The inevitable tendency in these circumstances is to introduce new layers of complexity in terms of how to manage your business and deliver your service. In an effort to resist this temptation, our leadership team has taken, “creating a culture of simplification” as our second quarter objective.

One of the primary tools that we use to manage our business and deliver our service is an accountability chart (as opposed to a traditional organizational chart). An accountability chart looks similar, but the primary difference is that each “box” corresponds to a function and each function is described by up to five roles. Clearly getting the roles right for each function is very important and equally important is that the roles evolve appropriately as the chart changes over time (which it will in a growing organization).

One of the milestones associated with our goal for the quarter is making sure that “everyone has a number.” How does all of this tie together? We have great people who demonstrate our core values. If we can create additional clarity by making at least one of the roles associated with a function measurable (staying current with ongoing due diligence for an investment analyst, for example) we should be able to increase alignment across the organization and solve issues that are creating hurdles.

Of course, all of this is in support of our core purpose, which is to be indispensable to wealthy families.

We hope that everyone is enjoying spring in the northeast and we look forward to seeing many of you in person (fingers crossed) over the coming months.



Buddy Webb
Managing Partner


Case Study With Our Technology Partners

For years, efficiently managing and analyzing complex alternative investment data posed a significant challenge for Lake Street Advisors. By leveraging Canoe for alternative data management, and Addepar for robust data analysis, Lake Street has the technology in place to make faster and better investment decisions on behalf of our clients. We are proud to share our case study with our new technology partners!

Read the full case study HERE.

logos 2

Charitable Giving

The Lake Street team recently gathered in Boston for the One Night for One Love gala. One Love Foundation is a national non-profit organization with the goal of ending relationship abuse. Lake Street partner, Joe Chase, sits on the regional board. The One Love community raised over $30,000 at the event, enabling the organization to reach even more people in Boston in the year to come.
prescott park
Lake Street is a proud annual sponsor of the Prescott Park Arts Festival (PPAF). PPAF is an anchor arts organization in the New Hampshire Seacoast Community that provides live arts and entertainment accessible to all through its partnerships with local businesses and citizens. Additionally, PPAF’s 150,000+ annual audience members help inject $7.5M into the local economy by filling downtown businesses and restaurants before and after performances. If you’re ever in the Portsmouth area, we highly recommend visiting the park nestled on the Piscataqua River for exceptional entertainment with a phenomenal atmosphere to boot.
LSC logo
Lake Street Advisors is now a partner of Life Science Cares! LSC's mission is to provide a platform to connect companies in the life science ecosystem with nonprofits that improve the lives of people living in poverty in Greater Boston.  We are excited to become part of Life Science Cares Network of Good!
LSA Volunteer Event Pic 1
Through our partnership with LSC Boston, Lake Street is proud to support The Food Project! Our team volunteered and spent the day at Reynolds Farm planting parsley, marigolds, and potatoes! The Food Project is a nationally-recognized non-profit, donating more than 180,000 servings of fresh produce to hunger relief organizations across eastern Massachusetts each year.
mit eforum
Lake Street is also excited to be a new sponsor for the MIT eForum.  We are thrilled to support this organization to continue their 40+ year history of success in helping early-stage entrepreneurs succeed.

Awards & Accolades

40 under Forty
Lake Street Advisors Partner, Joe Chase, CFA, was recognized as part of New Hampshire Union Leader’s 40 Under Forty Class of 2022! This award honors outstanding Granite Staters making a difference in their communities and professions. Congratulations Joe!

business documents on office table with smart phone and laptop computer and graph financial with social network diagram and three colleagues discussing data in the background
happy Young couple moving in new home
Close up of human hand drawing happy family and real estate concept

In case you missed it

Check out our most recent blog posts on inflation, real estate ownership structuring, and disclaiming an inheritance.