BLUE WATER ASSET MANAGEMENT
Firm details
- Headquarters
- GRAND RAPIDS, Michigan
- CRD number
- 175362
- Registered since
- March 18, 2015
- Website
- bluewaterassetmanagement.com
- 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
FINTRXOverview
Blue Water Asset Management is an independent, privately owned RIA that registered with the SEC in 2015. The firm acts as a capital allocator for both individual and family clients and institutional investors. Its service mix includes financial planning, portfolio management for individuals and small businesses, pension consulting and the selection of outside advisers. Blue Water charges clients via asset-based fees as well as hourly and fixed-fee arrangements. The firm is not positioned as an ESG-focused manager and identifies an insurance company among its industry affiliations.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Exchange Traded Equities68%
- Public Funds/Mutual Funds26%
- Other4%
- Cash & Cash Equivalents2%
Owners & executives
1 of 1NICOLLE RUMSEY
COO and Compliance OfficerCRD 5512294
Contacts
3 of 7JAY GREER
PresidentCRD 1779326
ANDY ARMSTRONG
Financial Advisor and Registered RepresentativeCRD 4448534
MARK REDFIELD
Managing MemberCRD 1564768
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 79Active vs passive
$299M in ETFs
32%
$94.9M
46%
$204M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| PGIM ULTRA SHORT BOND ETF (PULS) | PGIM | Active | Ultrashort Bond | $33.9M | 684,685 | 11.35% |
Location
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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