# 191 Godwin Associates, Inc. D/B/A Godwin Capital Management

> 191 Godwin Associates, Inc. D/B/A Godwin Capital Management is an SEC-registered investment advisory firm in Wyckoff, NJ, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 10, 2026.

- CRD: 124288
- Filed as: 191 GODWIN ASSOCIATES, INC. D/B/A GODWIN CAPITAL MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Wyckoff, NJ
- Filing period: October 2026
- Form ADV filing dated: February 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/124288
- AdvisorCensus page: https://advisorcensus.com/firm/191-godwin-associates-inc-d-b-a-godwin-capital-management-wyckoff-nj-124288

## Quick answers

**How is 191 Godwin Associates, Inc. D/B/A Godwin Capital Management compensated?**
On its Form ADV (Item 5.E, October 2026), 191 Godwin Associates, Inc. D/B/A Godwin Capital Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management charge?**
Its Form ADV Part 2A brochure dated February 10, 2026 states: Up to $200,000: 1% a year; $200,001 to $500,000: 0.75% a year; $500,001 to $750,000: 0.7% a year; Above $750,001: 0.65% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is 191 Godwin Associates, Inc. D/B/A Godwin Capital Management located?**
191 Godwin Associates, Inc. D/B/A Godwin Capital Management's principal office is in Wyckoff, NJ, according to its Form ADV.

**Is 191 Godwin Associates, Inc. D/B/A Godwin Capital Management registered with the SEC or a state?**
191 Godwin Associates, Inc. D/B/A Godwin Capital Management is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 124288.

**How much does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management manage?**
191 Godwin Associates, Inc. D/B/A Godwin Capital Management reports $150,085,275 in regulatory assets under management in its Form ADV filing dated February 10, 2026 (100% discretionary).

**How have 191 Godwin Associates, Inc. D/B/A Godwin Capital Management's assets and staff changed since 2022?**
In the Form ADV data for 191 Godwin Associates, Inc. D/B/A Godwin Capital Management: Regulatory assets under management: $126,827,000 in the October 2022 data and $150,085,275 in the October 2026 data, up 18%. Total employees: 2 in October 2022 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (275); corporations or other businesses not listed above (29); pension and profit sharing plans (but not the plan participants or government pension plans) (11).

**Which custodians does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management use?**
191 Godwin Associates, Inc. D/B/A Godwin Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/124288

**Does 191 Godwin Associates, Inc. D/B/A Godwin Capital Management state an account minimum?**
Its Form ADV Part 2A brochure dated February 10, 2026 says: "There is no account minimum for any of GWC ’s services."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 10, 2026)

- Up to $200,000: 1% a year
- $200,001 to $500,000: 0.75% a year
- $500,001 to $750,000: 0.7% a year
- Above $750,001: 0.65% a year

> Total Assets Under Management Annual Fees $0 - $200,000 1.00% $200,001 - $500,000 0.75% $500,001 - $750,000 0.70%

> Total Assets Under Management Annual Fees $750,001 - AND UP 0.65%

> These fees are generally negotiable and the final fee schedule will be memorialized in the client’s advisory agreement.

- Account minimum: None

> There is no account minimum for any of GWC ’s services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $150,085,275
- Discretionary: $150,085,275
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 275 | $45,792,730 |
| High net worth individuals | 3 | $59,251,949 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 11 | $5,348,236 |
| Charitable organizations | 1 | $7,651,989 |
| Corporations or other businesses not listed above | 29 | $32,040,371 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2022 (4 years)
- Employees: 2 total, 1 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: NJ, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $126,827,000 | 2 | August 25, 2022 |
| October 2023 | $136,098,293 | 2 | April 28, 2023 |
| October 2024 | $145,990,533 | 2 | January 26, 2024 |
| October 2025 | $155,902,242 | 2 | February 11, 2025 |
| October 2026 | $150,085,275 | 2 | February 10, 2026 |

Regulatory assets under management: $126,827,000 in the October 2022 data and $150,085,275 in the October 2026 data, up 18%.
Total employees: 2 in October 2022 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. 191 Godwin Associates, Inc. D/B/A Godwin Capital Management (CRD 124288): Form ADV filing data as of October 2026.
