# Lakeridge Wealth Management LLC

> Lakeridge Wealth Management LLC is an SEC-registered investment advisory firm in Mentor, OH, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated June 17, 2026.

- CRD: 314071
- Filed as: LAKERIDGE WEALTH MANAGEMENT LLC
- Also doing business as: DOCTOR'S FINANCIAL RESOURCE, MBA FINANCIAL SERVICES, NMS WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Mentor, OH
- Filing period: October 2026
- Form ADV filing dated: June 17, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/314071
- AdvisorCensus page: https://advisorcensus.com/firm/lakeridge-wealth-management-llc-mentor-oh-314071

## Quick answers

**How is Lakeridge Wealth Management LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Lakeridge Wealth Management LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**How much does Lakeridge Wealth Management LLC charge?**
Its Form ADV Part 2A brochure dated June 17, 2026 states: Hourly rate: $300 an hour (Project-based financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Lakeridge Wealth Management LLC located?**
Lakeridge Wealth Management LLC's principal office is in Mentor, OH, according to its Form ADV; the July 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Lakeridge Wealth Management LLC registered with the SEC or a state?**
Lakeridge Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 314071.

**How much does Lakeridge Wealth Management LLC manage?**
Lakeridge Wealth Management LLC reports $805,361,469 in regulatory assets under management in its Form ADV filing dated June 17, 2026 (88% discretionary).

**How have Lakeridge Wealth Management LLC's assets and staff changed since 2021?**
In the Form ADV data for Lakeridge Wealth Management LLC: Regulatory assets under management: $0 in the October 2021 data and $805,361,469 in the October 2026 data. Total employees: 12 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Lakeridge Wealth Management LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (840); high net worth individuals (236); pension and profit sharing plans (but not the plan participants or government pension plans) (42).

**Which custodians does Lakeridge Wealth Management LLC use?**
Lakeridge Wealth Management LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Lakeridge Wealth Management LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/314071

**Does Lakeridge Wealth Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 17, 2026 says: "Lakeridge generally does not impose a minimum relationship size."

**What changed in Lakeridge Wealth Management LLC's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name Financial Solutions Planning and Investments. Regulatory assets under management went from $700,523,160 to $805,361,469 (+15%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated June 17, 2026)

- Account minimum: None

> Lakeridge generally does not impose a minimum relationship size.

- Hourly rate: $300 an hour (Project-based financial planning services)

> Project-based engagements are billed at an hourly rate of up to $300 per hour or a fixed engagement fee.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $805,361,469
- Discretionary: $706,020,108
- Non-discretionary: $99,341,361

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 840 | $226,361,060 |
| High net worth individuals | 236 | $497,365,562 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 42 | $55,238,818 |
| Charitable organizations | 5 | $12,363,263 |
| Corporations or other businesses not listed above | 16 | $14,032,766 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2021 (5 years)
- Employees: 22 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, GA, IL, IN, KY, LA, MA, MD, MI, MN, MO, NE, NH, NM, NY, OH, OK, OR, PA, SC, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Albuquerque, NM
- Boulder, CO
- Chardon, OH
- Geneva, OH
- Westlake, OH

### Websites listed on Form ADV (Item 1.I)
- doctorsfinancialresource.com
- financialsolutionspi.com
- lakeridgewm.com
- nmswealthmanagement.com
- Facebook @DoctorsFR
- LinkedIn @doctorsfr
- LinkedIn @lakeridge-wealth-management
- X @FinSolPlan
- X @finsolplan
- YouTube @FinancialSolutionsPI

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $0 | 12 | August 24, 2021 |
| October 2022 | $227,780,536 | 18 | April 20, 2022 |
| October 2023 | $456,175,923 | 19 | September 28, 2023 |
| October 2024 | $605,770,799 | 20 | February 14, 2024 |
| October 2025 | $700,523,160 | 21 | June 20, 2025 |
| October 2026 | $805,361,469 | 22 | June 17, 2026 |

Regulatory assets under management: $0 in the October 2021 data and $805,361,469 in the October 2026 data.
Total employees: 12 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name Financial Solutions Planning and Investments.
- Regulatory assets under management went from $700,523,160 to $805,361,469 (+15%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lakeridge Wealth Management LLC (CRD 314071): Form ADV filing data as of October 2026.