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LAKE AVENUE FINANCIAL LLC
CRD 315746File 801-122031
APPROVED
Retail clients
Filing as of Mar 23, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$154.7M
Bottom 25% of cohort (national)
Discretionary AUM
$154.7M
Clients
294
731 accounts
Employees
5
Bottom 25% of cohort in CA
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- LARO
- Registration date
- Aug 6, 2021
- Principal office
- 301 N LAKE AVE, SUITE 830, PASADENA, CA, 91101
- Phone
- 626-689-2012
- Website
- https://www.lakeave.com/
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $154.7M
- Discretionary AUM
- $154.7M
- Non-discretionary AUM
- $0
- Discretionary accounts
- 731
- Non-discretionary accounts
- 0
- Total accounts
- 731
- AUM per client
- $526K
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| High net worth individuals | 36 | $79.9M |
| Banking or thrift institutions | Fewer than 5 | $10.3M |
| Individuals (other than high net worth individuals) | 257 | $64.6M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- A percentage of assets under your management
Advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- No
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- No
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- No
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Clients | 273 | 294 | increased by21 |
| Apr 1, 2026 | AUM | $137,894,580 | $154,709,844 | increased by$16,815,264 |
| Apr 1, 2026 | Accounts | 700 | 731 | increased by31 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 6 | 5 | decreased by1 |
| May 1, 2025 vs Oct 1, 2022 | Custody | Yes | No | |
| May 1, 2025 vs Oct 1, 2022 | Clients | 238 | 273 | increased by35 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $107,431,048 | $137,894,580 | increased by$30,463,532 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 573 | 700 | increased by127 |
| Oct 1, 2022 | Custody | No | Yes | |
| Feb 1, 2022 | Registration | APPROVED-120 | APPROVED | |
| Feb 1, 2022 | Employees | 5 | 6 | increased by1 |
| Feb 1, 2022 | Custody | Yes | No | |
| Feb 1, 2022 | Clients | 0 | 238 | increased by238 |
| Feb 1, 2022 | AUM | $0 | $107,431,048 | increased by$107,431,048 |
| Feb 1, 2022 | Accounts | 0 | 573 | increased by573 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “LAKE AVENUE” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“LAKE AVENUE” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.