# Lake State Financial Inc

> Lake State Financial Inc is a state-registered investment advisory firm in Anchor Point, AK, registered since 2023, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 327163
- Filed as: LAKE STATE FINANCIAL INC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Anchor Point, AK
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/327163
- AdvisorCensus page: https://advisorcensus.com/firm/lake-state-financial-inc-anchor-point-ak-327163

## Quick answers

**How is Lake State Financial Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Lake State Financial Inc reports these compensation arrangements: a percentage of assets under its management.

**Where is Lake State Financial Inc located?**
Lake State Financial Inc's principal office is in Anchor Point, AK, according to its Form ADV.

**Is Lake State Financial Inc registered with the SEC or a state?**
Lake State Financial Inc is a state-registered investment advisory firm, registered since 2023. Status as filed: APPROVED. CRD 327163.

**How much does Lake State Financial Inc manage?**
Lake State Financial Inc reports $6,433,621 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**What types of clients does Lake State Financial Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (9); high net worth individuals (2).

**Does Lake State Financial Inc 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/327163

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $6,433,621
- Discretionary: $6,433,621
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 9 | $1,208,499 |
| High net worth individuals | 2 | $5,225,122 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lake State Financial Inc (CRD 327163): Form ADV filing data as of October 2026.