BRIGHTWATER ADVISORY, LLC
Adviser information for BRIGHTWATER ADVISORY, LLC last updated from Form ADV on March 22nd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Florida, United States |
Employees
| Total Number of Employees | 6 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 654 | $233.0M |
| Non-Discretionary | 27 | $7.2M |
| Total | 681 | $240.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 159 | $35.7M |
| HNW Individuals | 111 | $197.0M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $1.7M |
| Charitable organizations | <5 | $4.2M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 6 | $1.7M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 101-250 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 11.9M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| BRIGHTWATER ADVISORY WRAP PROGRAM | BRIGHTWATER ADVISORY , LLC |
Identifiers
| SEC RIA File Number | 801-110500 |
|---|---|
| SEC ERA File Number | 801-110500 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 169806 |
| Legal Entity Identifier | None |
Principal Office
4613 W. NORTH A ST.TAMPA
FL
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 813-251-6310, Fax: 813-336-1524
Chief Compliance Officer
DAVID MADDUX
MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, AND CHIEF INVESTMENT OFFICER
4613 W. NORTH A ST.
TAMPA
FL
United States
Tel:
813-251-6310
Fax:
813-336-1524
D***********@**********************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MADDUX, KATHLEEN, NELSON | Individual | – | MEMBER, CHIEF FINANCIAL OFFICER | 05/2014 | 50-75% |
| MADDUX, DAVID, CARLEN | Individual | – | MANAGING MEMBER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER, AND CHIEF INVESTMENT OFFICER | 05/2014 | 50-75% |