# 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.

- CRD: 333696
- Filed as: RAINWATER EQUITY LLC
- Also doing business as: RAINWATER EQUITY LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Los Angeles, CA
- Filing period: October 2026
- Form ADV filing dated: June 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/333696
- AdvisorCensus page: https://advisorcensus.com/firm/rainwater-equity-llc-los-angeles-ca-333696

## Quick answers

**How 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

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

### Regulatory assets under management (Item 5.F)
- Total: $19,142,012
- Discretionary: $19,142,012
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Investment companies | 1 | $19,142,012 |

### 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

### Firm details
- Registered since: 2025 (1 year)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- LinkedIn @rainwater-equity1

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | Not reported | 1 | May 7, 2025 |
| October 2026 | $19,142,012 | 1 | June 23, 2026 |

Total employees: 1 in October 2025 and 1 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Added the business name Rainwater Equity LLC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Rainwater Equity LLC (CRD 333696): Form ADV filing data as of October 2026.