Lake Avenue Financial LLC is a Registered Investment Adviser. Advisory services are only offered to clients or prospective clients where we are properly licensed or exempt from licensure. This website is solely for informational purposes. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital. No advice may be rendered by Lake Avenue Financial unless a client service agreement is in place.

All opinions expressed by Lake Avenue Financial team members are solely their own opinions and do not reflect the opinions of Lake Avenue Financial LLC or its affiliates, and may have been previously disseminated on television, radio, internet or another medium. You should not treat any opinion expressed by Lake Avenue Financial team members as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their opinion. These opinions are based upon information they consider reliable, but neither Lake Avenue Financial nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Lake Avenue Financial, its affiliates and/or subsidiaries are not under any obligation to update or correct any information provided. Lake Avenue Financial team member’s statements and opinions are subject to change without notice.

Past performance is not indicative of future results. Lake Avenue Financial does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed by Lake Avenue Financial team members or anyone else. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website, social media or on any show appearance may not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned by Lake Avenue Financial team members. Before acting on information you hear, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Click on the following links for a copy of the Firm ADV and Client Relationship Summary.

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

We take protecting your data and privacy very seriously. As of January 1, 2020 the California Consumer Privacy Act (CCPA) suggests the following link as an extra measure to safeguard your data: Do not sell my personal information.

The Annual Percentage Yield (“APY”) for the Altruist High-Yield Cash accounts (“Altruist High-Yield Cash”), formerly Altruist Cash, is variable and may change at any time. The amount of interest you will receive on your deposits will vary based on a number of factors. Accrued interest is paid on the last business day of the month directly into the High-Yield Cash account. View the disclosures to learn more.

High-Yield Cash is offered through a separate account at Altruist Financial LLC (“Altruist Financial”) that is opened solely for participation in High-Yield Cash. Neither Altruist Financial nor any of its affiliates are banks. Altruist Financial deposits cash in the High-Yield Cash account  with one or more banks (“Program Banks” see the Altruist Financial LLC Participating Bank List) that accept and maintain such deposits. Through High-Yield Cash, clients’ cash is deposited into Program Banks where the cash earns a variable interest rate and is eligible for FDIC insurance. Cash is not eligible for FDIC insurance until the cash is deposited at the Program Banks. Cash in the High-Yield Cash account that is awaiting to be deposited in, and cash in transit to or from, Program Banks, may not be eligible for coverage under SIPC. SIPC coverage does not apply to cash deposited with Program Banks. FDIC insurance is limited to $250,000 per depositor, per FDIC-insured bank, per ownership category and is subject to conditions. More information can be found in the High-Yield Cash Disclosure Statement and the Altruist Financial LLC Participating Bank List, both available on altruist.com/legal. FDIC coverage can be impacted by several things, including but not limited to deposit capacity at a Program Bank and/or if a client holds cash at a Program Bank, including through this or additional sweep programs. Clients are responsible for monitoring their total assets at each of the Program Banks, whether through Altruist Financial accounts or accounts with other financial intermediaries, to determine the extent of available FDIC insurance coverage in accordance with FDIC rules. For more information on FDIC insurance coverage, please visit FDIC.gov. 

Deposits to High-Yield Cash will be deposited with Program Banks on the following business day. Cash deposited via ACH or Check may take three (3) or more business days for the funds to become available for deposit. Customers can initiate withdrawals at any time from the High-Yield Cash account.