# Edgewater Services, LLC

> Edgewater Services, LLC is an SEC-registered investment advisory firm in Chicago, IL, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated April 9, 2026.

- CRD: 159926
- Filed as: EDGEWATER SERVICES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chicago, IL
- Filing period: October 2026
- Form ADV filing dated: April 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/159926
- AdvisorCensus page: https://advisorcensus.com/firm/edgewater-services-llc-chicago-il-159926

## Quick answers

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

**Where is Edgewater Services, LLC located?**
Edgewater Services, LLC's principal office is in Chicago, IL, according to its Form ADV.

**Is Edgewater Services, LLC registered with the SEC or a state?**
Edgewater Services, LLC is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 159926.

**How much does Edgewater Services, LLC manage?**
Edgewater Services, LLC reports $2,836,777,181 in regulatory assets under management in its Form ADV filing dated April 9, 2026 (100% discretionary).

**How have Edgewater Services, LLC's assets and staff changed since 2021?**
In the Form ADV data for Edgewater Services, LLC: Regulatory assets under management: $1,841,140,569 in the October 2021 data and $2,836,777,181 in the October 2026 data, up 54%. Total employees: 20 in October 2021 and 25 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Edgewater Services, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (34).

**Does Edgewater Services, 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/159926

**What changed in Edgewater Services, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 22 to 25. 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

### Regulatory assets under management (Item 5.F)
- Total: $2,836,777,181
- Discretionary: $2,836,777,181
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 34 | $2,836,777,181 |

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

### Firm details
- Registered since: 2012 (14 years)
- Employees: 25 total, 25 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- edgewaterfunds.com
- LinkedIn @THE-EDGEWATER-FUNDS

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $1,841,140,569 | 20 | March 31, 2021 |
| October 2022 | $1,927,823,190 | 21 | March 31, 2022 |
| October 2023 | $1,601,623,374 | 21 | March 31, 2023 |
| October 2024 | $2,940,861,618 | 20 | March 29, 2024 |
| October 2025 | $3,049,480,175 | 22 | March 28, 2025 |
| October 2026 | $2,836,777,181 | 25 | April 9, 2026 |

Regulatory assets under management: $1,841,140,569 in the October 2021 data and $2,836,777,181 in the October 2026 data, up 54%.
Total employees: 20 in October 2021 and 25 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 22 to 25.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Edgewater Services, LLC (CRD 159926): Form ADV filing data as of October 2026.