DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Lake Partners,Inc.

Former SEC-registered adviserStamford, ConnecticutCRD 107504SEC 801-38929IAPD
Latest filing Mar 29, 2019
First filing on the tape Mar 27, 2012 · 16 filings
RAUM
$31.2M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
94%
$29.2M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
16 filings and snapshots on the tape
RAUM$31.2M as of Mar 29, 2019
Mar 27, 2012$412M then
HNW client RAUM$26.8M as of Mar 29, 2019
Mar 28, 2018$29.0M then
State-registered IARs (5.B.3)2 as of Mar 29, 2019
Mar 26, 20132 then
Employees (5.A)4 as of Mar 29, 2019
Mar 26, 20137 then
Private funds: no history
RAUM -59% over the last fiscal year-51% a year over threeIARs 3 to 2offices 0 to 1
Practice profile
derived from the filing of Mar 29, 2019; every figure names its basis
RAUM per advisor
$15.6MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
12derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$578,046derivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
6.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
1.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
-59%derivedbetween the last two annual amendments
Advisor growth, one year
-33%derivedItem 5.B.3 between annual amendments
Client growth, one year
-8.0%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, otherreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$26.8M86%
  • Individuals$2.4M7.8%
  • Pension and profit-sharing plans$2.0M6.4%
Individual clients
10reported
HNW clients
13reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
54reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
none on the tape
    Every departureEvery arrival
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Cary Frederick Lake · Shareholder, Director, Co-Chairman, Treasurer, Secretarycontrol
      since 02/1989 · owns 50% to 75%
    • Aaron Ronald Lake · Shareholder, Director, Co-Chairman, Presidentcontrol
      since 02/1989 · owns 50% to 75%
    • Anthony Andrew Romanello · Chief Financial Officer, Chief Compliance Officercontrol
      since 03/2015 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Advisory employees · 3 to 2
      Jan 2, 2019 to Mar 29, 2019
    • Advisory activities · 5 to 3
      Jan 2, 2019 to Mar 29, 2019
    • HNW clients · 14 to 13
      Jan 2, 2019 to Mar 29, 2019
    • Individual clients · 11 to 10
      Jan 2, 2019 to Mar 29, 2019
    • Employees · 6 to 4
      Jan 2, 2019 to Mar 29, 2019
    • State-registered IARs · 4 to 2
      Jan 2, 2019 to Mar 29, 2019
    • Discretionary RAUM · $76.4M to $30.3M
      Jan 2, 2019 to Mar 29, 2019
    • HNW RAUM · $29.0M to $26.8M
      Jan 2, 2019 to Mar 29, 2019
    • Individual RAUM · $2.5M to $2.4M
      Jan 2, 2019 to Mar 29, 2019
    • Non-discretionary RAUM · $3,981 to $894,028
      Jan 2, 2019 to Mar 29, 2019
    • Pension RAUM · $2.2M to $2.0M
      Jan 2, 2019 to Mar 29, 2019
    • RAUM · $76.4M to $31.2M
      Jan 2, 2019 to Mar 29, 2019
    • Employees · 5 to 6
      Mar 28, 2018 to May 16, 2018
    • State-registered IARs · 3 to 4
      Mar 28, 2018 to May 16, 2018
    • Other offices · 0 to 1
      Mar 28, 2018 to May 16, 2018
    • Accounts · 45 to 54
      Mar 30, 2017 to Mar 28, 2018
    • Advisory employees · 6 to 3
      Mar 30, 2017 to Mar 28, 2018
    • HNW clients · unset to 14.0
      Mar 30, 2017 to Mar 28, 2018
    • Individual clients · unset to 11.0
      Mar 30, 2017 to Mar 28, 2018
    • Employees · 7 to 5
      Mar 30, 2017 to Mar 28, 2018
    • Financial planning clients · 0 to 1-10
      Mar 30, 2017 to Mar 28, 2018
    • Other offices · unset to 0.0
      Mar 30, 2017 to Mar 28, 2018
    • Discretionary RAUM · $146M to $76.4M
      Mar 30, 2017 to Mar 28, 2018
    • HNW RAUM · unset to 28958581.0
      Mar 30, 2017 to Mar 28, 2018
    • Individual RAUM · unset to 2533457.0
      Mar 30, 2017 to Mar 28, 2018
    • Non-discretionary RAUM · $5,471 to $3,981
      Mar 30, 2017 to Mar 28, 2018
    • Pension RAUM · unset to 2163517.0
      Mar 30, 2017 to Mar 28, 2018
    • RAUM · $146M to $76.4M
      Mar 30, 2017 to Mar 28, 2018
    • Accounts · 50 to 45
      Jan 6, 2017 to Mar 30, 2017
    • Advisory activities · 4 to 5
      Jan 6, 2017 to Mar 30, 2017
    • Financial planning clients · unset to 0
      Jan 6, 2017 to Mar 30, 2017
    • State-registered IARs · 2 to 3
      Jan 6, 2017 to Mar 30, 2017
    • Discretionary RAUM · $271M to $146M
      Jan 6, 2017 to Mar 30, 2017
    • Non-discretionary RAUM · $339,020 to $5,471
      Jan 6, 2017 to Mar 30, 2017
    • RAUM · $271M to $146M
      Jan 6, 2017 to Mar 30, 2017
    • Accounts · 58 to 50
      Mar 30, 2015 to Mar 24, 2016
    • Advisory employees · 9 to 6
      Mar 30, 2015 to Mar 24, 2016
    • Advisory activities · 5 to 4
      Mar 30, 2015 to Mar 24, 2016
    • Employees · 10 to 7
      Mar 30, 2015 to Mar 24, 2016
    • Discretionary RAUM · $532M to $271M
      Mar 30, 2015 to Mar 24, 2016
    Signals
    No event on the tape.
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    Provenance
    Form ADV
    SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
    Advisors
    IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
    Class
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026