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Lake Street

Chicago, IL·SEC-registered · CRD #296761

Lake Street is an SEC-registered investment advisory firm in Chicago, IL managing $1.2B across 2.0k client accounts, with 6 advisory staff.

Regulatory snapshot

Verify on SEC.gov

Regulatory AUM

$1.2B

Client accounts

2.0k

Advisory staff

6

Fee model

Fee-based

How Lake Street is paid

Compensation arrangements disclosed on Form ADV. A fee-based firm may earn both client fees and product commissions; ask which applies to you.

% of assetsHourlyCommissionsFee-based

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Common questions about Lake Street

How much does Lake Street manage?

Per its most recent SEC Form ADV filing (03/23/2026), Lake Street reports $1.2B in regulatory assets under management across roughly 2.0k client accounts.

How does Lake Street charge?

Lake Street is a fee-based firm. Its disclosed compensation arrangements are: % of assets, Hourly, Commissions. Exact fee schedules appear in the firm's Form ADV Part 2 brochure — confirm current fees directly with the firm.

Is Lake Street a fiduciary?

Yes. Lake Street is registered with the U.S. Securities and Exchange Commission (CRD #296761), and SEC-registered investment advisers owe a fiduciary duty to act in their clients' best interest. You can verify its registration and any disclosures on the SEC's public record.

Is Lake Street taking new clients like me?

Availability and account minimums vary and aren't in the public filing. The fastest way to find out is the free 2-minute match — it checks Lake Street and comparable advisors against your goals and assets, and only surfaces firms open to your situation.

Other advisory firms in Chicago, IL

Profile compiled from Lake Street's public SEC Form ADV filing (CRD #296761, filed 03/23/2026). AdvisoryReviews is an independent comparison and matching service and is not affiliated with, endorsed by, or a partner of Lake Street. Listing does not imply any relationship. Figures are as reported to the SEC and may have changed; verify current details at adviserinfo.sec.gov. Are you with Lake Street? Claim this profile.