Private Client Services

Interlake provides fee-only advisory services to individuals, families, and organizations. The firm’s independence means it has no financial ties to other entities, no conflicts of interest, and no objectives beyond its clients’ long-term success. Clients can rest assured that Interlake’s investment decisions are always made purely on the merits as we perceive them. As a registered investment advisor (RIA), the firm explicitly embraces its fiduciary duty to put its clients’ interests above all others.

For private clients, Interlake offers two investment disciplines, the tactical Alpha Portfolio and the strategic Allocation Portfolios. 

INTERLAKE ALPHA

Interlake Alpha is a concentrated, rules-based, equity-only investment program rooted in a Growth at a Reasonable Price (or “GARP”) philosophy. The Portfolio typically holds between 10 and 15 positions that reflect the firm’s highest-conviction ideas. Drawing on fundamental and technical data, we use a proprietary screening process to identify a select group of names that we think present the very best risk-reward setups in the stock market.

The Portfolio can hold cash in circumstances when market conditions present few compelling opportunities, but it is designed to remain fully invested.  

Interlake Alpha is a “go-anywhere” discipline, with a minimum of $300 million in market capitalization, which matches the lower limit for inclusion in the S&P 600 small-cap index.  

The Interlake Alpha Portfolio will produce moderate to high turnover, is subject to volatility in excess of broad-market indices, and is not designed to be tax-efficient.  

INTERLAKE ALLOCATION

In the Allocation program, we use index-based funds to build and maintain five inexpensive, globally diversified portfolios designed to match investors’ individual levels of risk acceptance. These are low-turnover, tax-efficient investment options that work well as standalone solutions or as more strategic, diversified compliments to Interlake Alpha. 

FEES

Annual fees begin at 1.00% for Allocation and 1.50% for Alpha, declining rapidly as household assets grow. (Note that total annual household fees for the Allocation Portfolios are capped at $10,000.)

Interlake uses industry leader TD Ameritrade Institutional as custodian for our private clients' assets.