# Vera Lake Capital, LLC

> Vera Lake Capital, LLC is an SEC-registered investment advisory firm in Edina, MN, registered since 2026, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 6, 2026.

- CRD: 341142
- Filed as: VERA LAKE CAPITAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Edina, MN
- Filing period: October 2026
- Form ADV filing dated: July 6, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/341142
- AdvisorCensus page: https://advisorcensus.com/firm/vera-lake-capital-llc-edina-mn-341142

## Quick answers

**How is Vera Lake Capital, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Vera Lake Capital, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**What does Vera Lake Capital, LLC's brochure say about its fees?**
Its Form ADV Part 2A brochure dated June 17, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Vera Lake Capital, LLC located?**
Vera Lake Capital, LLC's principal office is in Edina, MN, according to its Form ADV.

**Is Vera Lake Capital, LLC registered with the SEC or a state?**
Vera Lake Capital, LLC is an SEC-registered investment advisory firm, registered since 2026. Status as filed: Approved. CRD 341142.

**How much does Vera Lake Capital, LLC manage?**
Vera Lake Capital, LLC reports $180,355,372 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (100% discretionary).

**What types of clients does Vera Lake Capital, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (10).

**Which custodians does Vera Lake Capital, LLC use?**
Vera Lake Capital, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Vera Lake Capital, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/341142

**Does Vera Lake Capital, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated June 17, 2026 says: "VLC generally does not impose a minimum relationship size."

**What changed in Vera Lake Capital, LLC's recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $0 to $180,355,372. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated June 17, 2026)

- Asset-based fee: up to 1% of assets a year (the maximum the brochure states)

> Wealth management fees range up to 1.00% annually based on several factors, including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall relationship with the Advisor.

> VLC offers financial planning services on a fixed engagement fee ranging up to $10,000. Fees may be negotiable based on the nature and complexity of the services to be provided and the overall relationship with the Advisor.

- Account minimum: None

> VLC generally does not impose a minimum relationship size.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $180,355,372
- Discretionary: $180,355,372
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | Fewer than 5 | $185,645 |
| High net worth individuals | 10 | $180,169,727 |
| Charitable organizations | Fewer than 5 | Not reported |
| Corporations or other businesses not listed above | Fewer than 5 | Not reported |

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $0 to $180,355,372.
- Updated its list of owners and control persons (Schedule A).

### May 2026
- Employees performing advisory functions went from 1 to 2.

### April 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Vera Lake Capital, LLC (CRD 341142): Form ADV filing data as of October 2026.