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Lake Water Advisory, LLC
Filed as LAKE WATER ADVISORY, LLC · Legal name Lake Water Capital, LLC
Lake Water Advisory, LLC is a state-registered investment advisory firm in Sarasota, FL, registered since 2024, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated July 6, 2026.
Quick answers
From the filingHow is Lake Water Advisory, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Lake Water Advisory, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
Where is Lake Water Advisory, LLC located?
Lake Water Advisory, LLC's principal office is in Sarasota, FL, according to its Form ADV.
Is Lake Water Advisory, LLC registered with the SEC or a state?
Lake Water Advisory, LLC is a state-registered investment advisory firm, registered since 2024. Status as filed: APPROVED. CRD 327854.
How much does Lake Water Advisory, LLC manage?
Lake Water Advisory, LLC reports $82,579,000 in regulatory assets under management in its Form ADV filing dated July 6, 2026 (71% discretionary).
How have Lake Water Advisory, LLC's assets and staff changed since 2024?
In the Form ADV data for Lake Water Advisory, LLC: Regulatory assets under management: $40,004,280 in the October 2024 data and $82,579,000 in the October 2026 data, up 106%. Total employees: 1 in October 2024 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Lake Water Advisory, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (81); pension and profit sharing plans (but not the plan participants or government pension plans) (19); high net worth individuals (16).
Does Lake Water Advisory, LLC report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/327854
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Regulatory assets under management
Item 5.F$82,579,000 as of October 2026, filing dated July 6, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Lake Water Capital, LLC
- Also doing business as
- LAKE WATER ADVISORY, LLC
- Registration
- State-registered investment adviser. Status as filed: APPROVED.
- Registered since
- 2024 (1 year)
- Employees
- Total: 3. Performing investment advisory functions: 2.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
2 states or jurisdictions
State-registered investment advisers are examined by their state securities regulator. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $82,579,000 | 3 | July 6, 2026 |
| October 2024 | $40,004,280 | 1 | September 26, 2024 |
Regulatory assets under management: $40,004,280 in the October 2024 data and $82,579,000 in the October 2026 data, up 106%.
Total employees: 1 in October 2024 and 3 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Lake Water Advisory, LLC (CRD 327854): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/lake-water-advisory-llc-sarasota-fl-327854