Why Advisors Are Choosing Lake House Private Wealth Management: A Message from Our Founder
Hi, I’m Chris Gatsch, founder and managing partner of Lake House Private Wealth Management. After spending years as a financial advisor at Merrill Lynch and JPMorgan, I saw firsthand the frustrations advisors face. Whether it’s dealing with rigid corporate structures or lacking the freedom to truly serve clients in the best way possible, I experienced the limitations of larger firms. That’s why I created Lake House—to give advisors the flexibility and support they need to thrive.
Lake House was built under the RIA One Seven (ranked 22nd out of 500 by USA Today) to offer advisors like you a better path forward. Here’s why so many are making the switch to Lake House.
A Better Path Forward for Advisors
I understand the feeling of being stuck in a larger firm, where your ability to grow is constrained by corporate red tape and outdated processes. At Lake House, I’ve designed an environment where you can run your practice the way you’ve always envisioned—free from the restrictions of bigger firms.
Here’s what sets Lake House apart:
- Flexibility You Won’t Find at Larger Firms: Whether you’re early in your career, looking to expand, or nearing retirement, we offer the freedom to grow at your own pace.
- Access to Top-Tier Custodians: Your clients’ assets will be backed by trusted custodians like Charles Schwab, Fidelity, and Raymond James, ensuring the security and peace of mind both you and your clients deserve.
- The Freedom That Comes with Independence: No more corporate limitations—just the ability to serve your clients the way you want.
Flexibility to Grow Your Practice
At Lake House, we provide personalized solutions for every stage of your career. Whether you’re just starting out, growing, or planning for succession, we believe in giving you the tools and resources to shape your future.
Here are some of the benefits we offer:
- Cutting-Edge Tools: We use platforms like BlackDiamond and Money Guide Pro to streamline financial planning and client management, allowing you to focus on what matters most—your clients.
- AI-Powered Note-Taking Services: We’ve integrated AI-powered note-taking for video and phone calls, ensuring you never miss a key point from your meetings and freeing you up to spend more time building relationships.
- A Dedicated Support Team: With help from assistants like Sarah, who handles administrative tasks, you can focus on serving clients and growing your business.
We’ve seen firsthand how this level of support can make a difference. My partner, Steve Shaffer, who joined me after 30 years as a commercial pilot, has seen how these tools and resources enable advisors to focus on what they do best.
The Power of Boutique Asset Managers
One unique advantage of Lake House is our ability to offer the best of both worlds—institutional strategies from firms like BlackRock, Vanguard, and JP Morgan, combined with the innovative solutions provided by boutique asset managers.
While large asset managers provide scale and reliability, boutique managers often deliver creative strategies that larger firms can’t match. This balance allows us to offer portfolios that are not only competitive but also dynamic, giving your clients access to standout investments.
A Personalized Path to Success
At Lake House, I believe that every advisor deserves a personalized plan for success. Whether it’s through growing your client base, streamlining operations, or expanding through mergers and acquisitions, we’re here to support you every step of the way.
Here’s how we help advisors:
- Access to Crystal Capital: Offering private equity and hedge fund strategies typically reserved for institutional investors, giving you an edge in the marketplace.
- Turnkey Asset Management Program (TAMP): Including strategies from BlackRock, Vanguard, and JP Morgan, giving you a wide array of options for your clients.
- Custom Marketing Funnels: When you join Lake House, we work with you to create a tailored cold-to-warm marketing funnel—and we cover the cost. We help ensure that you’re consistently bringing in new clients without the added burden of doing it all yourself.
We Grow With You
In addition to flexibility and cutting-edge tools, we also offer opportunities for advisors to grow through mergers and acquisitions. Backed by financial support from Merchant Investment Management, LLC, we give you the resources to expand your practice or prepare for succession in the way that makes sense for you.
Growth isn’t just about increasing your client base—it’s about strategic expansion. Whether you’re buying another practice or looking for an exit strategy, Lake House provides the support you need to make it happen.
Why Lake House Stands Out
At Lake House Private Wealth Management, we understand the importance of finding the right balance between professional independence and personal support. Advisors are given the freedom to run their practice the way they want, with the backing of an experienced team and the tools to succeed.
Here’s what sets us apart:
- Independence Without Compromise: You’ll have access to top-tier custodians and institutional-grade investment strategies, giving your clients the stability they need while you retain the freedom to grow.
- Ongoing Support: From AI-powered tools to personalized assistance, we’re committed to providing the support you need to manage your practice effectively.
- Growth Opportunities: Whether you’re expanding your practice or planning for succession, we’re here to help you every step of the way.
Ready for a Change?
If you’ve been feeling:
- Stuck in a large firm
- Looking for more freedom
- Wanting a place where your voice matters
Then Lake House could be the perfect fit. I’d love to have a conversation about how we can help you grow your practice, achieve your goals, and build a more fulfilling career.
Let’s schedule a quick call to explore whether Lake House is the right choice for you.
[Calendly link for a 20-minute chat]
Want to hear more? Be sure to check out our PODCAST, where I discuss these topics and more, providing insights into how Lake House Private Wealth Management helps advisors take control of their future.
Looking forward to connecting,
Chris Gatsch
Founder & Managing Partner
Lake House Private Wealth Management