Lakeridge Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 1–10 clients last fiscal year.
Lakeridge Wealth Management reports 1,139 clients. They include 840 individual clients, 236 high-net-worth individuals, and 42 pension and profit-sharing plans. Of its assets, 87.7% ($706M across 1,244 accounts) are managed with discretion; $99.3M across 1,462 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 28% |
| High-net-worth individuals | 21% | 62% |
| Pension and profit-sharing plans | 4% | 7% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 840 | $226M | 28.1% | $269K |
| High-net-worth individuals | 236 | $497M | 61.8% | $2.11M |
| Pension and profit-sharing plans | 42 | $55.2M | 6.9% | $1.32M |
| Charitable organizations | 5 | $12.4M | 1.5% | $2.47M |
| Corporations and other businesses | 16 | $14M | 1.7% | $877K |
| Total | 1,139 | $805M | 100% | $707K |
- Clients
- 840
- Regulatory AUM
- $226M
- AUM share
- 28.1%
- Avg. per client
- $269K
- Clients
- 236
- Regulatory AUM
- $497M
- AUM share
- 61.8%
- Avg. per client
- $2.11M
- Clients
- 42
- Regulatory AUM
- $55.2M
- AUM share
- 6.9%
- Avg. per client
- $1.32M
- Clients
- 5
- Regulatory AUM
- $12.4M
- AUM share
- 1.5%
- Avg. per client
- $2.47M
- Clients
- 16
- Regulatory AUM
- $14M
- AUM share
- 1.7%
- Avg. per client
- $877K
Total
- Clients
- 1,139
- Regulatory AUM
- $805M
- AUM share
- 100%
- Avg. per client
- $707K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Lakeridge Wealth Management charges 1.00%–1.50% a year for its Investment Management Services. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning services
- Project-based planning is billed at up to $300 an hour or a fixed fee; ongoing planning is a fixed annual fee of $1,000 to $14,000 or more.
Travis Flandermeyer owns 50% to 75% of Lakeridge Wealth Management. The leadership team of Lakeridge Wealth Management includes Chief Compliance Officer Gabrielle Magdziarz. It has 22 employees, 12 of them in advisory roles.
Leadership
- Gabrielle MagdziarzChief Compliance Officer
- Travis FlandermeyerManaging Member / Principal
Brian DistlerManaging
Investment adviser representatives
12 representatives listed in the SEC register as of 9 October 2026.
Staff
- 22 employees
- 12 in advisory functions
- 12 state-registered reps
- 11 broker-dealer reps
- 12 insurance agents
- Owns 50% to 75% of Lakeridge Wealth Management LLC
Travis Flandermeyer
Control person · since May 2021
- Owns 50% to 75% of Lakeridge Wealth Management LLC
Brian Distler
Control person · since May 2021
Lakeridge Wealth Management’s regulatory assets grew Infinity× from $0 (July 2021) to $805M (June 2026); employees rose from 12 to 22.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $805M | 1,139 | 22 | 8 |
| June 2025 | $701M | 1,068 | 21 | 8 |
| February 2024 | $606M | 1,040 | 20 | 8 |
| August 2023 | $456M | 876 | 18 | 8 |
| April 2022 | $228M | 342 | 18 | 3 |
| July 2021 | $0 | 0 | 12 | 3 |
Besides its headquarters, Lakeridge Wealth Management has 7 offices (2 private residences, listed without an address), with 6 listed addresses in Colorado, New Mexico and Ohio.
Ohio · 4 listed addresses
- 7470 Center St, MentorHQ
- 121 South Street, Chardon
- 844 South Broadway, Geneva
- 24600 Center Ridge Road, Westlake
Colorado · 1 listed address
- 2060 Broadway, Boulder
New Mexico · 1 listed address
- 5203 Juan Tabo Boulevard, Albuquerque
Other business names
Lakeridge Wealth Management has reported 3 other business names to the SEC.
- Doctor'S Financial Resource
- Mba Financial Services
- NMS Wealth Management
Contact and registration details
- Legal name
- Lakeridge Wealth Management LLC
- Headquarters
- 7470 Center St, Mentor, OH 44060
- Website
- lakeridgewm.com
- Phone
- 440-510-1901
- @lakeridge-wealth-management
- SEC file
- 801-121373
- Structure
- Ohio LLC
- Fiscal year end
- December
Lakeridge Wealth Management uses Fidelity ($724M, 90%) and Charles Schwab ($80.9M, 10%) as custodians for its separately managed accounts. Lakeridge Wealth Management has custody of $7.3M in client assets for 21 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $724M90%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $80.9M10%
At year end, Lakeridge Wealth Management’s separately managed accounts were mostly in funds (76%) and stocks (13%). Its reported 13F holdings for the quarter ended 30 June 2026 total $272M across 188 positions; the largest are Fidelity Covington Trust (7.3%), iShares TR (5.6%) and American Centy ETF TR (5.2%).
What the accounts hold
- Stocks13%
- Exchange-traded equities12%
- Non-exchange-traded equities1%
- Funds76%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash8%
Reported 13F holdings
- $272M
- Reported 13F value
- 188
- Positions
- 41.2%
- In the 10 largest
- +17.1%
- Value vs. prior quarter
- Fidelity Covington Trust · Enhanced Large7.3%
- iShares TR · Core 1 5 YR Usd5.6%
- American Centy ETF TR · US EQT ETF5.2%
- Sherwin Williams CO4.6%
- Fidelity Covington Trust · High Divid ETF4.6%
- iShares TR · Core S&P500 ETF3.2%
- Nvidia Corporation3.2%
- Apple Inc.2.9%
- J P Morgan Exchange Traded F · Small & Mid Cap2.4%
- American Centy ETF TR · Intl EQT ETF2.3%
Together, the ten largest are 41.2% of reported value.
How many clients does Lakeridge Wealth Management have?
Lakeridge Wealth Management has 1,139 clients and manages $805 million for them, as of June 2026. They include 840 individual clients, 236 high-net-worth individuals, and 42 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 June 2026
What services does Lakeridge Wealth Management offer?
Lakeridge Wealth Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Lakeridge Wealth Management charge?
Lakeridge Wealth Management charges 1.00%–1.50% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Which custodians does Lakeridge Wealth Management use?
Lakeridge Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $724M and Charles Schwab & Co., Inc. (Westlake, TX), with $80.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 June 2026
How many financial advisors does Lakeridge Wealth Management have?
Lakeridge Wealth Management has 12 investment adviser representatives registered with state securities authorities, out of 22 employees, and 12 perform investment advisory functions. 11 employees are registered representatives of a broker-dealer and 12 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Lakeridge Wealth Management invest in?
At the end of its last fiscal year, Lakeridge Wealth Management’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 12% exchange-traded equities, 8% cash and equivalents, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Lakeridge Wealth Management?
Lakeridge Wealth Management’s direct owners are Travis Flandermeyer (50% to 75%) and Brian Distler (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 17 June 2026
How does Lakeridge Wealth Management get paid?
Lakeridge Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Lakeridge Wealth Management?
Lakeridge Wealth Management’s main office is at 7470 Center St, Mentor, OH 44060. Its phone number is 440-510-1901. Its website is lakeridgewm.com.