Lakeview Capital Partners, LLC (Atlanta)

Name: Lakeview Capital Partners, LLC
Address: 1201 Peachtree Street Ne, Atlanta, GA, 30361
Telephone: 404-841-2224

Lakeview Capital Partners, LLC is a large advisory firm based in Atlanta. It manages $2.81 billion of regulatory assets for 2,259 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of Alabama, California, Connecticut, and 14 other states.

Lakeview Capital Partners provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and institutional investment consulting services. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Lakeview Capital Partners: assets under management

The assets under management (AUM) of Lakeview Capital Partners, LLC is $2.81 billion. The firm's AUM has grown by 2162% since the beginning of its operation, and $627.61 million of the total AUM is attributable to clients outside of the United States.

The firm manages $561.74 million in discretionary accounts and $2.24 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $288.22 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $7.24 million.

Lakeview Capital Partners has custody of $48.51 million in cash and securities for 133 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 54% of the total AUM. The second-largest asset type is exchange traded securities, which make up 17% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Lakeview Capital Partners, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lakeview Capital Partners serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Lakeview Capital Partners is charitable organizations with 15 clients and $1.47 billion of assets under management. Among the 12 most similar advisory firms, Lakeview Capital Partners has the highest percentage of charitable organizations out of all clients.

The amount of regulatory assets under management is $2.81 billion for 864 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Lakeview Capital Partners doesn't advise any private funds.

Careers at Lakeview Capital Partners, LLC

The company employs 26 people that are either part- or full-time employees. 73 percent of the employees work as investment advisers or researchers. 17 employees are registered as investment adviser representatives with the state securities authorities.

There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Adrian Evon Chastain joined the executive team most recently as the Chief Operating Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Robert Scott Wilder	Manager/chief compliance officer	1 Oct 2012	25% - 50%	2559813
Llc Lone Peak Capital Group	Manager	1 Oct 2012	50% - 75%	46-0541934
Courtney Lynne Tomlin	Director of operations	1 Dec 2013	Other	2407791
Llc Parallel Financial Partners	Member	1 Sep 2014	Other	46-2141992
Llc Lakeview Capital Holdings	Manager	1 Apr 2015	50% - 75%	47-4117521
Courtney Lynne Tomlin	Director of operations/chief compliance officer	1 Jun 2015	Other	2407791
John Thomas Williams	Chief executive officer/manager	1 May 2016	Other	4225657
Adrian Evon Chastain	Chief operating officer	1 Jul 2019	Other	4016085

Indirect Owners

The SEC currently registers 12 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Kyle Allen Tomlin	Manager	1 Jun 2012	50% - 75%	2358621
Brian G. Simmons	Manager	1 Jun 2012	Other	5886996
Ana Kolar	Manager	1 Jun 2012	Other	6131876
Anthony Richard Mahfood	Manager	1 Sep 2014	50% - 75%	2959577
Brian James Boughner	Manager	1 Sep 2014	50% - 75%	4152328
Llc Lone Peak Capital Group	Manager	1 Apr 2015	50% - 75%	46-0541934
Robert Scott Wilder	Manager	1 Apr 2015	25% - 50%	2559813
Carolyn Larocco	Manager	1 Feb 2016	25% - 50%	1720792
Llc Lakeview Advisors	Manager	1 Feb 2016	Other	81-1358367
William Townson Grasty	Manager	1 Feb 2016	Other	3090316
John Thomas Williams	Manager	1 Feb 2016	Other	4225657
Lester M Brackley	Manager	1 Oct 2016	Other	3072884

Based in Atlanta

The principal office where Lakeview Capital Partners, LLC performs its advisory services is located at 1201 Peachtree Street Ne, Atlanta, GA 30361, which is also the mailing address of the firm. An additional office of the firm is in Lagrange, GA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-841-2224 or by fax 404-343-2651. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at parallelfinancial.com.