Bright Lake Wealth Management, LLC
Assets Under Management
$76.4M
Number of Clients
252
Number of Advisors
3
Average Client AUM
$303K
AUM per Advisor
$25.5M
Compensation
Fee-Only (AUM)
About This Firm
Bright Lake Wealth Management offers continuous investment advice and portfolio management services tailored to individual needs. They use a discretionary asset management program, often with third-party sub-advisers. Services encompass asset management designed to assist clients in meeting their retirement financial goals using financial investments.
Fee Structure
AUM-Based Fees (Flat)
| Assets Under Management | Annual Fee |
|---|---|
| $0+ | 1.65% |
Client portfolios are a maximum annual advisory fee of 1.65% but may be modified lower. The annual advisory fee is inclusive of any third-party manager fees unless otherwise specified. The Firm does not charge a minimum advisory fee and Advisory Fees charged by the Firm and other third-party managers will not exceed 2%.
Fee Estimator
Client portfolios are a maximum annual advisory fee of 1.65%, but may be modified lower. The annual advisory fee is inclusive of any third-party manager fees unless otherwise specified. The Firm does not charge a minimum advisory fee and Advisory Fees charged by the Firm and other third-party managers will not exceed 2%. The Firm does not charge a separate fee for financial planning services, at this time.
Areas of Practice
Location
1445 Victor Ave, Suite D, Redding, CA, 96003