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.

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SEC-registered adviser

L••• A••••• F•••••••• L••

Independent wealth managerPasadena, CaliforniaCRD 315746SEC 801-122031websiteIAPD
Latest filing Mar 23, 2026
First filing on the tape Jul 7, 2021 · 25 filings
SEC status approved since Aug 6, 2021
RAUM
$155M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
93%
$144M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$30.9M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
25 filings and snapshots on the tape
RAUM$155M as of Mar 23, 2026
Jan 18, 2022$107M then
HNW client RAUM$79.9M as of Mar 23, 2026
Jan 18, 2022$47.7M then
State-registered IARs (5.B.3)3 as of Mar 23, 2026
Jan 18, 20223 then
Employees (5.A)5 as of Mar 23, 2026
Jan 18, 20226 then
Private funds: no history
RAUM +12% over the last fiscal year+15% a year over threeIARs 3 to 3
Practice profile
derived from the filing of Mar 23, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$30.9MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$211,641derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
1.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+12%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+7.7%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$79.9M52%
  • Individuals$64.6M42%
  • Banks and thrifts$10.3M6.6%
Individual clients
257reported
HNW clients
36reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
731reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.93 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
A••• B••• C••••••••Pasadena, CaJan 3, 202228 y6
J••••• K••• V••••••Bellevue, Wa Jan 10, 202218 y5
C•••• V• V•••••••••Woodland Hills, Ca Apr 4, 202511 y0
J•••• R••••• S••••Shoreline, Wa Jul 15, 202512 y3
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Teams: two or more advisors moving together within fourteen days, from one state
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • C••••••••• A•••• B••• · Managing Membercontrol
    since 06/2021 · owns 75% or more
  • C••••••••• R•••• I•••• · Cco
    since 07/2021 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pasadena, Ca · principal500
Riverside, Ca000
Offices
Schedule D 1.F, the 25 largest
  • , 1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 23, 2026
    wrap fee program participation (Item 5.I): yes on the filing of 2025-11-12, no on the filing of 2026-03-23
    peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
  • Accounts · 700 to 731
    Nov 12, 2025 to Mar 23, 2026
  • HNW clients · 33 to 36
    Nov 12, 2025 to Mar 23, 2026
  • Individual clients · 239 to 257
    Nov 12, 2025 to Mar 23, 2026
  • Discretionary RAUM · $132M to $155M
    Nov 12, 2025 to Mar 23, 2026
  • HNW RAUM · $75.0M to $79.9M
    Nov 12, 2025 to Mar 23, 2026
  • Individual RAUM · $53.1M to $64.6M
    Nov 12, 2025 to Mar 23, 2026
  • Non-discretionary RAUM · $6.3M to $0
    Nov 12, 2025 to Mar 23, 2026
  • RAUM · $138M to $155M
    Nov 12, 2025 to Mar 23, 2026
  • Wrap assets (manager) · 0.0 to unset
    Nov 12, 2025 to Mar 23, 2026
  • Wrap assets (sponsor) · 0.0 to unset
    Nov 12, 2025 to Mar 23, 2026
  • Financial planning clients · 11-25 to 11-25
    Jun 9, 2025 to Jul 15, 2025
  • Accounts · 670 to 700
    Jul 12, 2024 to Apr 4, 2025
  • Business name · W••••••••• P••••••• L•• to L••• A••••• F•••••••• L••
    Jul 12, 2024 to Apr 4, 2025
  • HNW clients · 31 to 33
    Jul 12, 2024 to Apr 4, 2025
  • Individual clients · 256 to 239
    Jul 12, 2024 to Apr 4, 2025
  • Legal name · W••••••••• P••••••• L•• to L••• A••••• F•••••••• L••
    Jul 12, 2024 to Apr 4, 2025
  • Other offices · 2 to 3
    Jul 12, 2024 to Apr 4, 2025
  • Discretionary RAUM · $109M to $132M
    Jul 12, 2024 to Apr 4, 2025
  • HNW RAUM · $58.9M to $75.0M
    Jul 12, 2024 to Apr 4, 2025
  • Individual RAUM · $45.2M to $53.1M
    Jul 12, 2024 to Apr 4, 2025
  • Non-discretionary RAUM · $6.1M to $6.3M
    Jul 12, 2024 to Apr 4, 2025
  • RAUM · $115M to $138M
    Jul 12, 2024 to Apr 4, 2025
  • Other offices · 1 to 2
    Mar 21, 2024 to Jul 12, 2024
  • Accounts · 636 to 670
    Oct 25, 2023 to Mar 21, 2024
  • Advisory employees · 4 to 3
    Oct 25, 2023 to Mar 21, 2024
  • HNW clients · 34 to 31
    Oct 25, 2023 to Mar 21, 2024
  • Individual clients · 237 to 256
    Oct 25, 2023 to Mar 21, 2024
  • Employees · 7 to 5
    Oct 25, 2023 to Mar 21, 2024
  • State-registered IARs · 4 to 3
    Oct 25, 2023 to Mar 21, 2024
  • Other offices · 2 to 1
    Oct 25, 2023 to Mar 21, 2024
  • Discretionary RAUM · $96.4M to $109M
    Oct 25, 2023 to Mar 21, 2024
  • HNW RAUM · $48.3M to $58.9M
    Oct 25, 2023 to Mar 21, 2024
  • Individual RAUM · $54.1M to $45.2M
    Oct 25, 2023 to Mar 21, 2024
  • Non-discretionary RAUM · $6.0M to $6.1M
    Oct 25, 2023 to Mar 21, 2024
  • RAUM · $102M to $115M
    Oct 25, 2023 to Mar 21, 2024
  • Accounts · 573 to 636
    Sep 9, 2022 to Mar 28, 2023
  • Advisory employees · 3 to 4
    Sep 9, 2022 to Mar 28, 2023
  • HNW clients · 31 to 34
    Sep 9, 2022 to Mar 28, 2023
  • Individual clients · 207 to 237
    Sep 9, 2022 to Mar 28, 2023
  • Assets in custody · 1955813.0 to unset
    Sep 9, 2022 to Mar 28, 2023
Signals
4 dated events
  • J•••••• L••• B••• left L••• A••••• F•••••••• L•• for A• W••••• M••••••••• L•• (registered 2025-06-13)
    May 19, 2025 · Advisor changed firm · fact
  • E••• M•••••• L••••• left L••• A••••• F•••••••• L•• for H••••• I••••• F••••••••• L•• (registered 2026-01-01)
    Sep 13, 2024 · Advisor changed firm · fact
  • A••• Z•••••••• left L••• A••••• F•••••••• L•• for K•••••• I••••••••• M••••••••• I••• (registered 2026-07-01)
    Jun 13, 2023 · Advisor changed firm · fact
  • W••••••••• P••••••• L•• filed its initial SEC registration (Form ADV)
    Jul 7, 2021 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
626-689-2012reportedpublished by the firm, firm site, Sep 16, 2026
Firm profile
linkedin.com/company/lake-avereportedpublic record, Form ADV, Sep 18, 2026
Website
lakeave.comreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
626-689-2012reportedpublic record, Form ADV, Mar 23, 2026
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
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$30.9Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026