{
  "crd_number": 133009,
  "slug": "headwater-investment-consulting-inc-mcminnville-or-133009",
  "primary_business_name": "HEADWATER INVESTMENT CONSULTING,INC.",
  "legal_name": "HEADWATER INVESTMENT CONSULTING,INC.",
  "dbas": [],
  "city": "McMinnville",
  "state": "OR",
  "country": "United States",
  "cbsa_code": "38900",
  "metro": {
    "cbsa_code": "38900",
    "common_name": "Portland",
    "msa_name": "Portland-Vancouver-Hillsboro, OR-WA",
    "path": "/advisors/or/portland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-11-29",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-03-18",
  "carried_forward": false,
  "raum_total": 542975000.0,
  "raum_discretionary": 523571000.0,
  "raum_non_discretionary": 19404000.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 7,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 36074000.0,
      "count": 42
    },
    "individuals": {
      "raum": 207318000.0,
      "count": 403
    },
    "pension_profit_sharing": {
      "raum": 477000.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 285976000.0,
      "count": 185
    },
    "corporations_other_businesses": {
      "raum": 13130000.0,
      "count": 19
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "ID",
    "NH",
    "NV",
    "OR",
    "TX",
    "WA"
  ],
  "websites": [
    "https://facebook.com/HEADWATERINVESTMENTCONSULTING",
    "https://headwater-ic.com",
    "https://headwateric.com",
    "https://linkedin.com/COMPANY/HEADWATER-IC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133009",
  "city_as_filed": "MCMINNVILLE",
  "url": "https://advisorcensus.com/firm/headwater-investment-consulting-inc-mcminnville-or-133009",
  "display_name": "Headwater Investment Consulting,inc.",
  "summary": "Headwater Investment Consulting,inc. is an SEC-registered investment advisory firm in McMinnville, OR, registered since 2005, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 18, 2026.",
  "citation": "AdvisorCensus. Headwater Investment Consulting,inc. (CRD 133009): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Headwater Investment Consulting,inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Headwater Investment Consulting,inc. reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does Headwater Investment Consulting,inc. charge?",
      "a": "Its Form ADV Part 2A brochure dated March 18, 2026 states: Asset-based fee: 0.75% of assets a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Headwater Investment Consulting,inc. located?",
      "a": "Headwater Investment Consulting,inc.'s principal office is in McMinnville, OR, according to its Form ADV."
    },
    {
      "q": "Is Headwater Investment Consulting,inc. registered with the SEC or a state?",
      "a": "Headwater Investment Consulting,inc. is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133009."
    },
    {
      "q": "How much does Headwater Investment Consulting,inc. manage?",
      "a": "Headwater Investment Consulting,inc. reports $542,975,000 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (96% discretionary)."
    },
    {
      "q": "How have Headwater Investment Consulting,inc.'s assets and staff changed since 2021?",
      "a": "In the Form ADV data for Headwater Investment Consulting,inc.: Regulatory assets under management: $297,908,000 in the October 2021 data and $542,975,000 in the October 2026 data, up 82%. Total employees: 6 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Headwater Investment Consulting,inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (403); high net worth individuals (185); charitable organizations (42)."
    },
    {
      "q": "Which custodians does Headwater Investment Consulting,inc. use?",
      "a": "Headwater Investment Consulting,inc.'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."
    },
    {
      "q": "Does Headwater Investment Consulting,inc. report any disciplinary disclosures?",
      "a": "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/133009"
    },
    {
      "q": "What changed in Headwater Investment Consulting,inc.'s recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $466,280,000 to $542,975,000 (+16%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 297908000.0,
      "total_employees": 6,
      "filing_date": "2021-02-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 353179000.0,
      "total_employees": 6,
      "filing_date": "2022-03-03"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 319468000.0,
      "total_employees": 6,
      "filing_date": "2023-05-10"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 396748000.0,
      "total_employees": 5,
      "filing_date": "2024-05-07"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 466280000.0,
      "total_employees": 5,
      "filing_date": "2025-02-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 542975000.0,
      "total_employees": 7,
      "filing_date": "2026-03-18"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $466,280,000 to $542,975,000 (+16%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 18, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": "0.75% of assets a year",
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.75% of assets a year"
        ],
        "quotes": [
          "Headwater’s Standard Fee is 0.75% annually on all assets under management although this fee is negotiable."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": null,
          "rate_pct": 0.75
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Headwater’s Standard Fee is 0.75% annually on all assets under management although this fee is negotiable."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/headwater-investment-consulting-inc-mcminnville-or-133009.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 403,
      "fewer_than_5": false,
      "raum": 207318000.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 185,
      "fewer_than_5": false,
      "raum": 285976000.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 477000.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 42,
      "fewer_than_5": false,
      "raum": 36074000.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 19,
      "fewer_than_5": false,
      "raum": 13130000.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133009",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}