AdvisorCensus / Financial advisors / California / Los Angeles / Rainwater Equity LLC
Rainwater Equity LLC
Filed as RAINWATER EQUITY LLC
Rainwater Equity LLC is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2025, reporting under $25 million in regulatory assets under management in its Form ADV filing dated June 23, 2026.
Quick answers
From the filingHow is Rainwater Equity LLC compensated?
On its Form ADV (Item 5.E, October 2026), Rainwater Equity LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.
Where is Rainwater Equity LLC located?
Rainwater Equity LLC's principal office is in Los Angeles, CA, according to its Form ADV.
Is Rainwater Equity LLC registered with the SEC or a state?
Rainwater Equity LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 333696.
How much does Rainwater Equity LLC manage?
Rainwater Equity LLC reports $19,142,012 in regulatory assets under management in its Form ADV filing dated June 23, 2026 (100% discretionary).
How have Rainwater Equity LLC's assets and staff changed since 2025?
In the Form ADV data for Rainwater Equity LLC: Total employees: 1 in October 2025 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Rainwater Equity LLC serve?
By number of clients on Form ADV Item 5.D: investment companies (1).
Does Rainwater Equity 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/333696
What changed in Rainwater Equity LLC's recent Form ADV filings?
In the April 2026 filing data: Added the business name Rainwater Equity LLC.
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
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
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies. See the firm's brochure (dated June 23, 2026) for its fees and any account minimum, on the SEC's IAPD site.
Regulatory assets under management
Item 5.F$19,142,012 as of October 2026, filing dated June 23, 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- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Also doing business as
- RAINWATER EQUITY LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2025 (1 year)
- Employees
- Total: 1. Performing investment advisory functions: 1.
- Wrap fee program participation
- No.
- States registered or notice-filed
-
1 state or jurisdiction
SEC-registered investment advisers are examined by the SEC. 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 | $19,142,012 | 1 | June 23, 2026 |
| October 2025 | Not reported | 1 | May 7, 2025 |
Total employees: 1 in October 2025 and 1 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 months- April 2026
- Added the business name Rainwater Equity LLC.
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. Rainwater Equity LLC (CRD 333696): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/rainwater-equity-llc-los-angeles-ca-333696