Lake Avenue Financial LLC fees
Financial planner in Pasadena, California. Registered with the SEC.
According to its Form ADV Part 2A brochure dated March 23, 2026, Lake Avenue Financial LLC (Pasadena, CA) charges up to $600 an hour and a flat or project fee of up to $20,000 for financial planning.
with up to 3 other firms
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed March 23, 2026. Fees can change.
- Hourly rate
- Up to $600/hr
Can go up to $600; the California median is $300.
“Lake Avenue Financial will charge a negotiable fixed fee of up to $20,000 or an hourly fee of up to $600 for these services.”
- Flat or project fee
- Up to $20,000
Can go up to $20,000; the California median is $5,000.
From the same sentence as above.
Read by software from the firm's brochure. Check the brochure (PDF) (opens in new tab) before you hire.
At a glance
- Also charges a % of assets
- Yes
- Minimum
- None stated in the brochure
- Team size
- 5 employees
- Registered since
- 2021 (5 years)
How Lake Avenue Financial LLC bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Fees are payable as invoiced and all such arrangements will be clearly set forth in the financial planning agreement signed by the client and the firm.”
- “The annual fee is billed to the credit or debit card provided by the client, or via direct payment form the client’s bank accounts.”
- “Fees are payable annually and the service is renewed automatically on the one-year anniversary date, and thereafter, unless terminated by either party by providing written notice to the other.”
About Lake Avenue Financial LLC
- Principal: Alex Chalekian
Planning areas mentioned in the brochure
- Retirement planning
- Estate planning
- Insurance analysis
- Cash flow and budgeting
Firm details from Form ADV
- How the firm is paid
- Hourly fees, flat or fixed fees, and a percentage of assets under management
- Clients
- 293
- Works with
- Individuals, high net worth individuals, and banks
- Services reported to regulators
- Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, and selecting other advisers
- Assets managed
- $155 million
- Registered with
- U.S. Securities and Exchange Commission
- Disciplinary disclosures
- None reported on Form ADV as of March 23, 2026
- CRD number
- 315746 (opens in new tab)
- Phone
- (626) 689-2012
Registered or notice filed in 4 states: California, Nevada, Texas, Washington
Other planners in Pasadena that publish fees
- OakGrowth Wealth Management LLCPasadenaFlat $1,000-$3,000, Quarterly $2,000/qtr
- Lawrence Russell and CompanyPasadenaHourly $150/hr, Flat $1,450-$3,650
- Tsai Wealth ManagementPasadenaHourly $250/hr
- McDonnell Financial ServicesPasadenaHourly $350/hr, Flat $50,000
- Bernard & Johnson Family Wealth ManagementPasadenaHourly up to $600/hr
- Myfi FinancialPasadenaHourly $240/hr
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.