Great Lakes Wealth, LLC
Assets Under Management
$143.2M
Number of Clients
238
Number of Advisors
2
Average Client AUM
$601K
AUM per Advisor
$71.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Great Lakes Wealth, LLC offers asset management, wealth management, comprehensive wealth management, and retirement plan consulting. Services are tailored to individual client needs and goals, with regular portfolio reviews and rebalancing. They utilize third-party managers and offer financial planning services encompassing various areas like retirement, estate, and tax planning.
Fee Structure
Fees are based on a percentage of assets under management and vary depending on the service (Asset Management, Wealth Management, or Comprehensive Wealth Management) and the investment strategy (Conservative, Balanced, or Growth). Fees are billed quarterly in advance. For accounts over $15,000,000, fees are negotiable. Retirement Plan Consulting fees will not exceed 1.00% of plan assets. Third-party manager fees are separate. Clients also incur transaction fees charged by their custodian. The firm targets clients with at least $100,000 in investable assets.
Areas of Practice
Location
22260 Haggerty Road, Suite 160, Northville, MI, 48167