Third Lake Capital
Third Lake Capital, LLC is a Tampa, Florida-based single-family office providing investment advisory and administrative services exclusively to a Forbes 400 U.S. family, managing a globally diversified portfolio for multigenerational wealth preservation and growth.
- Company typePrivate
- Founded2013
- HeadquartersTampa, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Third Lake Capital does
Third Lake Capital, LLC is a privately-held single-family office headquartered in Tampa, Florida, providing investment advisory and administrative services exclusively to a Forbes 400 U.S. family. The firm's stated mandate is to grow and manage multigenerational wealth for its client family by pursuing a globally diversified investment portfolio and best-in-class external investment partnerships. Third Lake is governed as a Florida LLC and operates with a lean senior team spanning the four core functions of an in-house family office: executive leadership (CEO Robert Forsythe, CPA, CGMA), finance (EVP/CFO Daniel Baron, CPA, CFA), investments (President/CIO Dhvani Shah, CFA), and legal/trust (President/Chief Legal/Trust Officer Beth Horner, JD).
The firm has no external customer base, no public marketing or distribution channels, and no publicly disclosed pricing; services are bespoke and rendered to a single client family on a non-market basis. The client family has been publicly identified as the Wanek family of Ashley Furniture via Deutsche Bank's Epstein Files disclosure, materially reducing the historical discretion around the firm's identity. The technology footprint is minimal — the public website uses standard cookies and basic privacy infrastructure — with no proprietary platforms, products, or applications offered externally.
From a business-model perspective, Third Lake is an internalized wealth-management vehicle rather than a market-revenue company. There is no GTM motion, no acquisition function, and no external pricing schedule; revenue (if defined as operating throughput) is a function of AUM, family consumption, and operating cost, none of which is publicly disclosed. The firm's strategic posture is therefore governance-, fiduciary-, and partnership-led rather than product- or scale-led.
Third Lake Capital firmographics
Firmographics- Name
- Third Lake Capital
- Legal name
- Third Lake Capital, LLC
- Website
- https://tlcapital.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Third Lake Capital, LLC is a Tampa, Florida-based single-family office providing investment advisory and administrative services exclusively to a Forbes 400 U.S. family, managing a globally diversified portfolio for multigenerational wealth preservation and growth.
- Ownership category
- akta.pro rank
Where Third Lake Capital is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Third Lake Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Third Lake Capital product offering
Product offeringCore offering
Third Lake Capital, LLC is a single-family office providing investment advisory and administrative services exclusively to a Forbes 400 family based in the United States. The firm focuses on growing and managing multigenerational wealth for its client family, seeking a global diversified investment portfolio and best-in-class investment partnerships.
Product overview
Third Lake Capital, LLC is a single-family office providing investment advisory and administrative services to a Forbes 400 family. The company focuses on growing and managing multigenerational wealth for its clients through a global diversified investment portfolio, seeking best-in-class partnership. The services are offered as a unified single-family office offering rather than a modular product platform.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Advisory Services
Companies that use Third Lake Capital
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Third Lake Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Third Lake Capital partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights2 records
Third Lake Capital competitors and assessment
Company assessmentBroad incumbents
- Tiedemann Advisors: Independent multi-family office and RIA providing investment advisory and trust services to UHNW families. Comparable service offering (investment + trust) but multi-client model.
- Bessemer Trust: Multi-family office serving multiple UHNW families with investment advisory and trust services. Comparable as a scaled wealth-management and trust provider overlapping Third Lake's service set, but serving many families.
- Stonehage Fleming: International multi-family office providing investment advisory, trust, and fiduciary services to UHNW families across jurisdictions. Comparable scope of services to Third Lake, with a multi-client model.
- Northern Trust Wealth Management: Large-scale private bank and trust company serving UHNW families. Comparable trust, fiduciary, and investment advisory capabilities, but as part of a much broader institutional platform.
- Pictet Group: Swiss private banking and wealth management group serving HNW/UHNW clients globally. Overlaps with Third Lake's investment advisory and wealth management mandate, but operates at far greater scale across many families.
Direct peers
- Bezos Expeditions: Jeff Bezos's personal investment vehicle. Comparable as a single-family office pursuing direct, diversified investments on behalf of one ultra-wealthy principal.
- Cascade Investment: Single-family office for Bill Gates; comparable as a U.S.-based single-family office managing a globally diversified, multi-generational portfolio for a Forbes-tier principal.
- Emerson Collective: Laurene Powell Jobs' family office, pursuing diversified, mission-aligned investing. Comparable as a U.S. single-family office deploying capital across asset classes for one principal family.
- Walton Family Foundation / Walton Enterprises: Family office and enterprise of the Walmart Walton family. Comparable as a multigenerational single-family office managing diversified wealth for a founding Forbes 400 dynasty.
Regional players
- Whittle Estate (Whittle Family Office): Single-family office structures for UHNW families in the U.S. Compares as a structural peer providing bespoke investment and trust services to a single principal family, though with a different family principal.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Third Lake Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Third Lake Capital leadership team
Management profileNumber of profiles
Profiles4 records
Third Lake Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Third Lake Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Third Lake Capital
What does Third Lake Capital do?
Third Lake Capital, LLC is a single-family office providing investment advisory and administrative services exclusively to a Forbes 400 family based in the United States. The firm focuses on growing and managing multigenerational wealth for its client family, seeking a global diversified investment portfolio and best-in-class investment partnerships.
Is Third Lake Capital a public or private company?
Third Lake Capital is a private company. It is classified as family owned and is currently operating.
When was Third Lake Capital founded?
Third Lake Capital was founded in 2013. It employs 11 to 50 people.
Where is Third Lake Capital based?
Third Lake Capital is headquartered in Tampa, United States, in the North America region.
Who are Third Lake Capital's main competitors?
Broad incumbents on record are Tiedemann Advisors, Bessemer Trust, Stonehage Fleming, Northern Trust Wealth Management and Pictet Group. Direct peers are Bezos Expeditions, Cascade Investment, Emerson Collective and Walton Family Foundation / Walton Enterprises. Whittle Estate (Whittle Family Office) is listed as a regional player.
Does Third Lake Capital have an API?
No public API is recorded for Third Lake Capital.