THIRD LAKE PARTNERS, LLC

RIASEC RegisteredEst. 2019

Total AUM

$6B

Discretionary

$2.9B

49% of AUM

Avg account

$113M

Accounts

Employees

Advisory reps

Firm details

Headquarters: TAMPA, Florida
CRD number: 299961
Registered since: April 11, 2019
Website: www.thirdlake.com
Custodians: THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION, UBS FINANCIAL SERVICES INC., GOLDMAN SACHS & CO. LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees
Client types: Corporations / Businesses70.44%
Pooled Investment Vehicles29.56%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Third Lake Partners, LLC is a capital allocator focused on institutional clients, with an emphasis on deploying capital into private funds and pooled investment vehicles. The firm, SEC-registered in 2019, offers a mix of advisory services including financial planning, portfolio management across individuals, pooled vehicles and institutions, and selection of sub-advisers. Its fee arrangement is flexible: percentage-of-AUM, hourly, fixed fees and performance-based fees are all in use, which aligns with structured relationships typical of institutional and high-net-worth clients. Investment activity is concentrated in private-market strategies. The firm is not an active ESG investor and operates from a single-state registration. Third Lake also performs sponsor, general partner and managing-member roles for pooled investment vehicles, indicating it both advises and directly participates in forming alternative investment structures.