# Breakwall Investment Advisor LLC

> Breakwall Investment Advisor LLC is an SEC-registered investment advisory firm in Port Washington, NY, registered since 2023, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.

- CRD: 328990
- Filed as: BREAKWALL INVESTMENT ADVISOR LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Port Washington, NY
- Filing period: October 2026
- Form ADV filing dated: May 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/328990
- AdvisorCensus page: https://advisorcensus.com/firm/breakwall-investment-advisor-llc-port-washington-ny-328990

## Quick answers

**How is Breakwall Investment Advisor LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Breakwall Investment Advisor LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**How much does Breakwall Investment Advisor LLC charge?**
Its Form ADV Part 2A brochure dated May 1, 2026 states: Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Breakwall Investment Advisor LLC located?**
Breakwall Investment Advisor LLC's principal office is in Port Washington, NY, according to its Form ADV; the June 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Breakwall Investment Advisor LLC registered with the SEC or a state?**
Breakwall Investment Advisor LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 328990.

**How much does Breakwall Investment Advisor LLC manage?**
Breakwall Investment Advisor LLC reports $3,520,731,351 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (4% discretionary).

**How have Breakwall Investment Advisor LLC's assets and staff changed since 2024?**
In the Form ADV data for Breakwall Investment Advisor LLC: Regulatory assets under management: $1,763,681,961 in the October 2024 data and $3,520,731,351 in the October 2026 data, up 100%. Total employees: 8 in October 2024 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Breakwall Investment Advisor LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (11).

**Does Breakwall Investment Advisor LLC 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/328990

**What changed in Breakwall Investment Advisor LLC's recent Form ADV filings?**
In the June 2026 filing data: Employees performing advisory functions went from 8 to 6. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated May 1, 2026)

- Asset-based fee: 1% to 1.5% a year (a range, as the brochure states it)

> The fees will range between 1% to 1.5% of the capital commitments or, depending on the current stage in the term of the applicable fund, the cost basis of investments or total deal commitments with respect to each of our Funds

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

### Regulatory assets under management (Item 5.F)
- Total: $3,520,731,351
- Discretionary: $125,113,088
- Non-discretionary: $3,395,618,263

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 11 | $3,520,731,351 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2023 (2 years)
- Employees: 9 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the June 2026 filing
- Houston, TX
- Newport, RI

### Websites listed on Form ADV (Item 1.I)
- [breakwallcap.com](https://breakwallcap.com)
- LinkedIn @breakwallcap

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $1,763,681,961 | 8 | August 8, 2024 |
| October 2025 | $1,768,812,417 | 9 | March 31, 2025 |
| October 2026 | $3,520,731,351 | 9 | May 1, 2026 |

Regulatory assets under management: $1,763,681,961 in the October 2024 data and $3,520,731,351 in the October 2026 data, up 100%.
Total employees: 8 in October 2024 and 9 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Employees performing advisory functions went from 8 to 6.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Regulatory assets under management went from $1,768,812,417 to $3,520,731,351 (+99%).
- Employees performing advisory functions went from 7 to 8.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Breakwall Investment Advisor LLC (CRD 328990): Form ADV filing data as of October 2026.