Lavaca Capital, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$385,154,984
Clients
20
Advisors
4
of 4 employees
About
Lavaca Capital provides investment advisory and sub‑advisory services to a limited client base that includes asset managers, registered investment advisers, family offices, other fiduciaries, high‑net‑worth individuals and institutional investors. The firm manages separate accounts and private funds and reports approximately $927 million in assets under management supported by a four‑advisor team.
The firm’s investment approach is flexible across equities, fixed income and derivatives, with a notable emphasis on option strategies used both to hedge core holdings and as a primary source of return; disclosed tactics include selling and buying calls and puts, multi‑leg option positions and trading around covered stock positions. Portfolios may employ leverage and other derivatives, and Lavaca commonly negotiates performance‑based fee arrangements and high‑water mark provisions for certain funds and separate accounts.
What distinguishes Lavaca from many peers is its role as adviser and general partner to private pooled vehicles with multiple investor classes and side‑letter flexibility, and its willingness to act as sub‑advisor to registered investment companies and to provide advisory services to other advisers and asset managers. The firm also documents fund governance and operational practices — including audited annual financial statements for fund investors and detailed allocation of organizational and direct fund expenses — reflecting a private fund sponsor and operational footprint that is less common among similarly sized team firms.
Client services
Expertise
Occupation focus
Fee options
$0+: up to 1.0% annually for Founders Class (Class A) of Funds $0+: up to 1.5% annually for Class B of Funds $0+: up to 2.0% annually for Separate Accounts (negotiated per account)
Up to 30% performance allocation for Founders Class of Funds; Up to 20% for Class B Funds; Up to 30% quarterly performance allocation for Separate Accounts
Account minimum: $500,000 for Separate Accounts; $1,000,000 for Funds (minimums may be waived)
Main office
2700 Post Oak Blvd., Suite 1250
Houston TX 77056
Advisors at this office
4
Most active in
Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Patrick S
Series 66
Houston, TX
Lavaca Capital, LLC
Patrick Smith is a financial advisor at Lavaca Capital, LLC with 16 years of industry experience. He holds a Series 66 designation and has previously worked at Raymond James and Associates. Lavaca Capital provides investment advisory and sub-advisory services to a selective client base that includes asset managers, registered investment advisers, family offices, high-net-worth individuals, and institutional investors. The firm employs a flexible investment approach across equities, fixed income, and derivatives, with a focus on option strategies for both hedging and return generation.
Ryan M
Series 65
Houston, TX
Lavaca Capital, LLC
Ryan Mason is a financial advisor at Lavaca Capital, LLC with four years of industry experience. He holds a Series 65 designation and previously worked at Bank of America Merrill Lynch from 2018 to 2021. Mason also has experience in academic roles at Howard Payne University. Lavaca Capital, LLC provides discretionary investment advisory and sub-advisory services to institutional and high-net-worth clients, including asset managers, registered investment advisers, and family offices. The firm employs equity and option strategies aimed at risk-adjusted returns and downside protection, managing approximately $421 million in assets across about 21 client relationships as of December 2024.
Jacob J
Series 65
Houston, TX
Lavaca Capital, LLC
Jacob Johnson is a financial advisor at Lavaca Capital, LLC with seven years of industry experience. He holds a Series 65 designation and has worked previously at MUFG Union Bank and Petroboard. Lavaca Capital, LLC provides discretionary investment advisory and sub-advisory services primarily to institutional and high-net-worth clients, including asset managers, registered investment advisers, and family offices. The firm employs equity and option strategies aimed at risk-adjusted returns and downside protection, and it also sponsors private pooled funds with performance-based fee arrangements.
Scott P
Series 65
Houston, TX
Lavaca Capital, LLC
Scott Phillips is a financial advisor at Lavaca Capital, LLC in Houston, TX, holding a Series 65 designation with 11 years of industry experience. He has been with Lavaca Capital since 2013. Lavaca Capital provides discretionary investment advisory and sub-advisory services to institutional and high-net-worth clients, including asset managers, registered investment advisers, and family offices. The firm’s investment approach includes equity and option strategies designed for risk-adjusted returns and downside protection, and it manages both separately managed accounts and private pooled funds with performance-based fee structures.
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