# Lake Effect Wealth LLC

> Lake Effect Wealth LLC is a state-registered investment advisory firm, registered since 2020, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 306464
- Filed as: LAKE EFFECT WEALTH LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/306464
- AdvisorCensus page: https://advisorcensus.com/firm/lake-effect-wealth-llc-306464

## Quick answers

**How is Lake Effect Wealth LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Lake Effect Wealth LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is Lake Effect Wealth LLC registered with the SEC or a state?**
Lake Effect Wealth LLC is a state-registered investment advisory firm, registered since 2020. Status as filed: APPROVED. CRD 306464.

**How much does Lake Effect Wealth LLC manage?**
Lake Effect Wealth LLC reports $18,255,117 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (91% discretionary).

**What types of clients does Lake Effect Wealth LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (7); individuals (other than high net worth individuals) (5).

**Does Lake Effect Wealth LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/306464

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $18,255,117
- Discretionary: $16,686,371
- Non-discretionary: $1,568,746

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 5 | $2,353,132 |
| High net worth individuals | 7 | $15,040,693 |
| Corporations or other businesses not listed above | Fewer than 5 | $861,292 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2020 (6 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, NC
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- lakeeffectwealth.com
- LinkedIn @65479325
- LinkedIn @andrew-driscoll-lakeffect

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lake Effect Wealth LLC (CRD 306464): Form ADV filing data as of October 2026.