# Town Lake Capital Management

> Town Lake Capital Management is a state-registered investment advisory firm in Lakeway, TX, registered since 2014, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 173919
- Filed as: TOWN LAKE CAPITAL MANAGEMENT
- Legal name: Ripley Capital Management, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Lakeway, TX
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/173919
- AdvisorCensus page: https://advisorcensus.com/firm/town-lake-capital-management-lakeway-tx-173919

## Quick answers

**How is Town Lake Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), Town Lake Capital Management reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Town Lake Capital Management located?**
Town Lake Capital Management's principal office is in Lakeway, TX, according to its Form ADV.

**Is Town Lake Capital Management registered with the SEC or a state?**
Town Lake Capital Management is a state-registered investment advisory firm, registered since 2014. Status as filed: APPROVED. CRD 173919.

**How much does Town Lake Capital Management manage?**
Town Lake Capital Management reports $59,768,290 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (100% discretionary).

**What types of clients does Town Lake Capital Management serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (21); individuals (other than high net worth individuals) (10); corporations or other businesses not listed above (4).

**Does Town Lake Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/173919

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Regulatory assets under management (Item 5.F)
- Total: $59,768,290
- Discretionary: $59,768,290
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 10 | $2,485,650 |
| High net worth individuals | 21 | $48,050,085 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 3 | $3,443,292 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 4 | $5,789,263 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2014 (11 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: LA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [townlakecapital.com](https://townlakecapital.com)
- LinkedIn @town-lake-capital

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Town Lake Capital Management (CRD 173919): Form ADV filing data as of October 2026.