Blue Water Asset Management

RIASEC Registered
Total AUM
$428M
Discretionary
$428M
100% of AUM
Avg account
$231K
Accounts
1,855
Employees
10
Advisory reps
8

Firm details

Headquarters
Grand Rapids, Michigan
CRD number
175362
Registered since
March 18, 2015
Custodians
CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI57.51%
  • Individuals38.8%
  • Corporations / Businesses1.94%
  • Charitable Organizations1.16%
  • Other0.53%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Blue Water Asset Management is an independent, privately owned registered investment adviser organized as an LLC. The firm is SEC-registered (initial registration 2015) and positions itself as a capital allocator serving both individual & family clients and institutional accounts. Core advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting, and selection of other advisers. Compensation is flexible across percentage-of-AUM, hourly, and fixed-fee models. Blue Water reports an industry affiliation with an insurance company and does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 68%, Public Funds/Mutual Funds 26%, Other 4%, Cash & Cash Equivalents 2%68%
  • Exchange Traded Equities68%
  • Public Funds/Mutual Funds26%
  • Other4%
  • Cash & Cash Equivalents2%

Owners & executives

FINTRX

Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 85

Active vs passive

$320M in ETFs

Passive

33%

$104M

Active

43%

$216M

ETFProviderStyleCategoryValueShares% of portfolio
PGIM ULTRA SHORT BOND ETF (PULS)PGIMActiveUltrashort Bond$33.1M668,86610.33%

Location

Primary office

Grand Rapids, MI

Kent

Location

Grand Rapids, MI

Headquartered in Grand Rapids, MI, anchoring the Grand Rapids-Kentwood-Muskegon, MI metro in the Midwest.

Metro area
Grand Rapids-Kentwood-Muskegon, MI
Region
Midwest
County
Kent
Address
4120 E Beltline Ave Ne
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth