# CW Investment Advisers, LLC

> CW Investment Advisers, LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 305926
- Filed as: CW INVESTMENT ADVISERS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/305926
- AdvisorCensus page: https://advisorcensus.com/firm/cw-investment-advisers-llc-los-angeles-ca-305926

## Quick answers

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

**How much does CW Investment Advisers, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is CW Investment Advisers, LLC located?**
CW Investment Advisers, LLC's principal office is in Los Angeles, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is CW Investment Advisers, LLC registered with the SEC or a state?**
CW Investment Advisers, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 305926.

**How much does CW Investment Advisers, LLC manage?**
CW Investment Advisers, LLC reports $1,084,343,648 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have CW Investment Advisers, LLC's assets and staff changed since 2021?**
In the Form ADV data for CW Investment Advisers, LLC: Regulatory assets under management: $150,000,000 in the October 2021 data and $1,084,343,648 in the October 2026 data, up 623%. Total employees: 27 in October 2021 and 36 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does CW Investment Advisers, LLC serve?**
By number of clients on Form ADV Item 5.D: corporations or other businesses not listed above (20); pooled investment vehicles (other than investment companies and business development companies) (4).

**Which custodians does CW Investment Advisers, LLC use?**
CW Investment Advisers, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Delaware Trust Company as a custodian holding 10% or more of its separately managed account assets.

**Does CW Investment Advisers, 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/305926

**What changed in CW Investment Advisers, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 25 to 28. Regulatory assets under management went from $884,039,892 to $1,084,343,648 (+23%).

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Asset-based fee: up to 2% of assets a year (the maximum the brochure states)

> The Adviser charges each Client an investment management fee at a rate of up to two percent (2.0%) per annum of the Client’s net asset value of the Client’s Portfolio

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

### Custodians (Schedule D, Section 5.K(3))
- Delaware Trust Company

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: $1,084,343,648
- Discretionary: $1,084,343,648
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | Fewer than 5 | $1,800,720 |
| Pooled investment vehicles (other than investment companies and business development companies) | 4 | $940,401,971 |
| Corporations or other businesses not listed above | 20 | $142,140,957 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 36 total, 28 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Boston, MA

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $150,000,000 | 27 | June 15, 2021 |
| October 2022 | $172,450,000 | 28 | May 11, 2022 |
| October 2023 | $237,502,520 | 30 | March 31, 2023 |
| October 2024 | $685,529,031 | 32 | June 26, 2024 |
| October 2025 | $884,039,892 | 34 | March 28, 2025 |
| October 2026 | $1,084,343,648 | 36 | March 30, 2026 |

Regulatory assets under management: $150,000,000 in the October 2021 data and $1,084,343,648 in the October 2026 data, up 623%.
Total employees: 27 in October 2021 and 36 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 25 to 28.
- Regulatory assets under management went from $884,039,892 to $1,084,343,648 (+23%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. CW Investment Advisers, LLC (CRD 305926): Form ADV filing data as of October 2026.