SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Water Asset Management, LLC
New York, NY
CRD 151508
Firm filing updated May 4, 2026 ·
- $780.9MAssets
- 5Advisory staff
- 405Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Performance-based feesYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals289
- Pooled vehicles66
- Individuals19
- Corporations or other businesses5
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 19 | $4.4 million |
| High net worth individuals | 289 | $256.7 million |
| Pooled investment vehicles (other than investment companies and business development companies) | 66 | $238.1 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 clients | $15.0 million |
| Charitable organizations | Fewer than 5 clients | $1.3 million |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $195.2 million |
| Corporations or other businesses not listed above | 5 | $24.3 million |
| Other: "FOUNDATION" | 17 | $46.0 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$780.9 million
- Accounts405
- DiscretionaryAll accounts
People
- Employees16
- Advisory staff5
- Broker-dealer reps0
- Licensed insurance agents0
- Planning clients0
Registration details
- SEC-registered investment advisor. CRD 151508, SEC file 801-70607.
- Registered with the SEC as an investment advisor (status date on record: October 1, 2009).
Is Water Asset Management, LLC a fiduciary?
Short answer: Water Asset Management, LLC is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.