Vera Lake Capital, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Vera Lake Capital, LLC is an SEC‑registered investment adviser that offers discretionary investment management and wealth management services, including financial planning, to a limited number of clients such as trusts, estates, foundations, charitable organizations, businesses and individuals. The firm reports $180,355,373 in discretionary assets under management as of June 9, 2026 across ten client relationships, reflecting a concentrated client base.
VLC constructs diversified portfolios that generally emphasize low‑cost mutual funds and ETFs but may include individual stocks, bonds, options, margin, REITs and alternative investments when appropriate. Its investment process draws on Modern Portfolio Theory alongside technical, charting, cyclical and behavioral‑finance analysis, with a primarily long‑term orientation while permitting shorter‑term trading for rebalancing or client needs; the firm also offers standalone and integrated financial planning engagements.
Notable features in the disclosure include an affiliation with a family‑office entity that provides lifestyle and bill‑payment services, receipt of financial support and institutional platform benefits from Fidelity at launch, and an acknowledged custody arrangement (including an independent annual surprise examination) tied to trustee and bill‑payment services. The brochure also notes the firm provides periodic reports on holdings, allocations and performance and maintains public regulatory disclosures, underscoring an operational profile and client concentration that differ from many peers.
Client services
Expertise
Fee options
Fee-only: Financial planning services offered with fixed fees up to $10,000, negotiable based on nature and complexity
Main office
4951 W. 77th St. Ste. 51
Edina MN 55435
Advisors at this office
2
Most active in
Minnesota
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
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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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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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.
Advisors at this firm
Curtis L
CFA®, Series 63
Edina, MN
Vera Lake Capital, LLC
Curtis La Chappelle is a CFA® charterholder with seven years of industry experience. He currently serves as an advisor at Vera Lake Capital, LLC and previously held roles at LoCorr Distributors, THRIVENT Financial, and Sanford C. Bernstein & Co., LLC. Vera Lake Capital, LLC is an SEC-registered investment adviser that provides discretionary investment management and wealth management services to a select group of clients, including trusts, estates, foundations, charitable organizations, businesses, and individuals. The firm employs a diversified investment approach that incorporates Modern Portfolio Theory along with technical, charting, cyclical, and behavioral-finance analysis and offers tailored financial planning engagements.
Carl P
Edina, MN
Vera Lake Capital, LLC
Carl Petterson is a financial advisor with Vera Lake Capital, LLC and has been active in the industry since 2010. His prior experience includes 16 years at Sawmill Trust Company and over a decade as a sole proprietor. Petterson is based in Edina, MN. Vera Lake Capital, LLC is an SEC-registered investment adviser serving a limited number of clients, including trusts, estates, foundations, charitable organizations, businesses, and individuals. The firm manages discretionary portfolios emphasizing low-cost mutual funds and ETFs while incorporating Modern Portfolio Theory and various analytical approaches with a primarily long-term focus.
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