Lakeport Advisors, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed August 13, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$150/hr

“The Advisor also offers standalone financial planning services at an hourly rate of $150 per hour.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Lakeport Advisors, LLC bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Fees for Advisory Services Wealth Management Services Wealth management fees are paid in advance of each month, pursuant to the terms of the wealth management agreement.”
• “Fees may be negotiable at the sole discretion of the Advisor.”
• “Fees may be negotiable based on the nature and complexity of the services to be provided and the overall relationship with the Advisor.”

How Lakeport Advisors, LLC’s fees compare

• Its hourly rate of $150 is below the South Dakota median of $250. None of the 13 other South Dakota planners that publish an hourly rate charge less.

About Lakeport Advisors, LLC

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 2026.

Firm details from Form ADV

How the firm is paid

Hourly fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

1.1% a year

Employees

1

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

342587

Phone

(605) 760-1626

Other planners in South Dakota that publish fees

• Alternative Strategies Group, Inc.Sioux Falls$1,000
• Applied Financial WisdomRapid City$10,000
• Aspen Private Advisors, LLCSioux Falls$400/hr, $50,000
• Astute Financial, LLCRapid City$500⁠-⁠$10,000, $300⁠-⁠$1,500/qtr
• Big Sioux Wealth ManagementWatertown$250/hr
• Birch Investment Management, L.L.C.Brookings$2,500⁠-⁠$10,000

Compare all 32 planners in South Dakota