Town Lake Capital Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$50,535,735
Clients
31
Advisors
2
of 2 employees
About
The firm provides investment portfolio management and retirement consulting for individuals (including high‑net‑worth clients), small businesses, and pension/ERISA plans through separately managed accounts. It also makes insurance and annuity products available to clients and runs occasional educational seminars and workshops.
Investment decisions are based on fundamental, valuation‑driven analysis with tactical allocations across equities, fixed income, mutual funds, ETFs and alternative investments, and clients can be placed in flexible, balanced, conservative, growth, or client‑driven portfolios. The firm’s strategies explicitly include the use of options and other derivatives in separately managed accounts and may include non‑traded REITs and private placements; accounts are managed on either a discretionary or non‑discretionary basis with quarterly performance reporting.
What distinguishes the firm relative to many peers is its role in sponsoring or syndicating private placement offerings (the brochure identifies an affiliated sponsor/issuer) and its related‑person relationships with an insurance affiliate and a broker‑dealer, which the firm discloses as potential conflicts of interest. The firm also utilizes soft‑dollar arrangements for research, relies on third‑party custodians that send statements directly to clients, and does not vote client proxies.
Client services
Expertise
Occupation focus
Fee options
$0 - $2,000,000: 1.50% (at Charles Schwab & Co., Inc.), 1.00% (not at Charles Schwab & Co., Inc.) $2,000,000 - $5,000,000: 1.25% (at Charles Schwab & Co., Inc.), 1.00% (not at Charles Schwab & Co., Inc.) $5,000,000 - $10,000,000: 0.75% (at Charles Schwab & Co., Inc.), 1.00% (not at Charles Schwab & Co., Inc.) $10,000,000+: 0.50% (at Charles Schwab & Co., Inc.), 1.00% (not at Charles Schwab & Co., Inc.)
Commissions on broker dealer related securities and insurance related transactions, including variable annuities and alternative investments through Landolt Securities, Inc.
Account minimum: $100,000
Main office
3503 Wild Cherry Drive, Building 1
Lakeway TX 78738
Advisors at this office
2
Most active in
Louisiana · Texas
Also doing business as
Ripley Capital Management LLC · Ripley Capital Management, LLC · Town Lake Capital Management
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:
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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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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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.
Forms ADV
Quick links
Advisors at this firm
Clayton R
Series 65
Lakeway, TX
Town Lake Capital Management
Clayton Ripley is a financial advisor at Town Lake Capital Management with 16 years of industry experience. He holds a Series 65 designation and has held management roles at Holt Wind Resources and BGCP Holdings I GP, LLC, among others. Outside of his advisory work, he serves as a manager at Holt Wind Resources and oversees family investment activities through Ripley Family Investments LLC. Town Lake Capital Management provides discretionary investment management to foundations, endowments, family offices, high-net-worth individuals, and individual clients. The firm employs a modern endowment model focused on bottom-up fundamental research and manages portfolios primarily in publicly traded equities, mutual funds, and ETFs.
Nicholas D
CFA®, Series 65
Lakeway, TX
Town Lake Capital Management
Nicholas Duggan is a CFA® charterholder and holds a Series 65 license with three years of industry experience. He has been with Town Lake Capital Management since 2020 and previously worked at Rice University for one year. Town Lake Capital Management provides discretionary investment management primarily to foundations, endowments, family offices, high-net-worth, and individual clients. The firm employs a modern endowment model focused on bottom-up fundamental research, managing portfolios mainly in publicly traded equities, mutual funds, and ETFs, and also offers unbundled 401(k) consulting including fund recommendations and participant education.
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