Lake Street provides holistic financial advice and administration to families with significant wealth.
Our team oversees and implements coordinated strategies across all aspects of our clients’ financial lives. Actions are aligned with long-term objectives and no detail is overlooked. Clients receive the peace of mind that comes from knowing their Lake Street team delivers sound strategy and solid execution.
Our days are spent collaborating with clients to proactively address questions such as:
Estate Planning & Wealth Transfer
We partner with your estate attorney, or recommend one if needed, in order to create a holistic plan to protect and preserve your family’s wealth for generations to come. Whether through trusts, gifting, life insurance, or other tools, we drive a strategy that is customized to your goals and needs.
Cash, Debt & Expense Management
We help you manage your balance sheet, determine supportable spending levels, and proactively manage liquidity while minimizing administrative friction and taxes, ensuring the desired results for your unique situation.
Creating a philanthropic legacy matters to you, and we know the most efficient ways to help you maximize the impact of your generosity.
Family Legacy & Governance
We take a hands-on approach to working with the multiple generations involved in legacy planning. From helping a teenager learn about investments to identifying the most robust legal structure to preserve a legacy for generations to come, we care about the whole family picture and have the knowledge to customize an approach around your family’s goals and needs.
We do not sell or take commissions on insurance; our job is to ensure you have the right coverages with a top quality carrier. We partner with insurance agents, review what coverage you have, and make recommendations for what you need. It’s all part of an integrated planning strategy.
No planning strategy is effective without keen attention to tax implications. We partner with skilled tax advisors to ensure the proper planning and execution are implemented in order to achieve your goals.
We create individualized investment portfolios designed to support your lifestyle, grow with inflation, and meet your long-term goals. We focus on after-tax, after-fee performance. Portfolios are built and managed with your estate planning, tax, insurance, and cash flow needs in mind.
Bookkeeping & Bill Pay
We handle bill payments and deliver the detailed reporting necessary to track and manage your expenses.