# Lake Water Advisory, 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.

- CRD: 327854
- Filed as: LAKE WATER ADVISORY, LLC
- Legal name: Lake Water Capital, LLC
- Also doing business as: LAKE WATER ADVISORY, LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Sarasota, FL
- Filing period: October 2026
- Form ADV filing dated: July 6, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/327854
- AdvisorCensus page: https://advisorcensus.com/firm/lake-water-advisory-llc-sarasota-fl-327854

## Quick answers

**How 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). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**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

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $82,579,000
- Discretionary: $58,969,000
- Non-discretionary: $23,610,000

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 81 | $29,843,748 |
| High net worth individuals | 16 | $29,125,252 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 19 | $23,610,000 |

### 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)

### Firm details
- Registered since: 2024 (1 year)
- Employees: 3 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, NY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $40,004,280 | 1 | September 26, 2024 |
| October 2026 | $82,579,000 | 3 | July 6, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Lake Water Advisory, LLC (CRD 327854): Form ADV filing data as of October 2026.