Great Lakes Benefits and Wealth Management logo

Great Lakes Benefits and Wealth Management

Updated today

Client assets under management

$71,000,000

Clients

290

10% high-net worth

Advisors

2

of 3 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

145

Very High

Average account size

$244,828

About

Great Lakes Benefits and Wealth Management provides ongoing portfolio management and financial planning to individual and high‑net‑worth clients, offering services that include investment supervisory services, tax preparation, and access to insurance products such as annuities. The firm documents each client’s goals and risk tolerance in an Investment Policy Statement and typically manages accounts on a discretionary basis to implement those plans.

The firm’s investment process relies on fundamental analysis and a long‑term trading approach, with a preference for no‑load mutual funds and client‑specific asset allocation. In addition to portfolio management, the firm emphasizes client education through an in‑house workshop titled “A Worry Free Retirement….It’s not that difficult,” which is provided at no additional charge and includes a dinner (RSVP required).

Noteworthy differences from many peers include having a licensed insurance agent in the advisory practice who offers commissionable insurance products—a relationship the brochure discloses as a potential conflict of interest and clarifies that clients are not required to purchase through the firm. The firm also publishes a monthly newsletter and runs newsletter‑linked referral and engagement contests, combining regular periodicals and live educational events that are uncommon among similarly supported firms.

Client services

Financial planning Portfolio management Newsletters or periodicals Educational seminars or workshops

Expertise

College savings (529s, UTMA, etc.) Annuities

Fee options

Fixed

$90 for tax preparation fees

Percentage

$0 - $250,000: 1.50% $250,001 - $750,000: 1.25% $750,001+: 1.00%

Project-based

$250 per hour for financial planning services

Other

Account minimum: $50,000

Main office location

Great Lakes Benefits and Wealth Management

1325 Hull Rd

Sandusky OH 44870, United States

Number of offices

3

Most active in

Florida · Ohio

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Andrew B

Series 65

Sandusky, OH

Great Lakes Benefits and Wealth Management

Andrew Brewer is a Series 65-licensed financial advisor with Great Lakes Benefits and Wealth Management in Sandusky, Ohio. He has two years of industry experience, including prior roles at Northwestern Mutual and Pepperidge Farms. Outside of advisory work, he has worked part-time as a bartender and holds insurance agency licenses with Sentinel Security Life and Delaware Life. Great Lakes Benefits and Wealth Management provides discretionary portfolio management and financial planning to individual and high-net-worth clients. The firm emphasizes fundamental analysis and a long-term trading approach, incorporating a range of investment products and offering additional services such as tax preparation and educational workshops.

College savings (529s, UTMA, etc.) Annuities
user avatar

Wayne M

CFP®, Series 66

Sandusky, OH

Great Lakes Benefits and Wealth Management

Wayne Maslyk is a CFP® with 24 years of industry experience and has been with Great Lakes Benefits and Wealth Management since 2004. He is also a principal of Great Lakes Benefits, Inc., an employee benefits firm specializing in group health and fixed insurance products. Great Lakes Benefits and Wealth Management provides discretionary portfolio management and financial planning primarily for individual and high-net-worth clients. The firm employs a long-term investment approach using fundamental analysis and offers additional services such as tax preparation and educational workshops.

College savings (529s, UTMA, etc.) Annuities
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