# Northwater Capital

> Northwater Capital is a state-registered investment advisory firm in Portland, ME, registered since 2026, reporting under $25 million in regulatory assets under management in its Form ADV filing dated January 23, 2026.

- CRD: 338732
- Filed as: NORTHWATER CAPITAL
- Legal name: Northwater Capital LLC
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Portland, ME
- Filing period: October 2026
- Form ADV filing dated: January 23, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/338732
- AdvisorCensus page: https://advisorcensus.com/firm/northwater-capital-portland-me-338732

## Quick answers

**How is Northwater Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Northwater Capital reports these compensation arrangements: a percentage of assets under its management; hourly charges. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Northwater Capital located?**
Northwater Capital's principal office is in Portland, ME, according to its Form ADV.

**Is Northwater Capital registered with the SEC or a state?**
Northwater Capital is a state-registered investment advisory firm, registered since 2026. Status as filed: APPROVED. CRD 338732.

**How much does Northwater Capital manage?**
Northwater Capital reports $0 in regulatory assets under management in its Form ADV filing dated January 23, 2026.

**Does Northwater Capital 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/338732

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Regulatory assets under management (Item 5.F)
- Total: $0
- Discretionary: $0
- Non-discretionary: $0

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

### Firm details
- Registered since: 2026 (0 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: ME
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- northwater.capital

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Northwater Capital (CRD 338732): Form ADV filing data as of October 2026.