# Swiftwater Capital

> Swiftwater Capital is an SEC-registered investment advisory firm in Lake Oswego, OR, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated February 9, 2026.

- CRD: 329458
- Filed as: SWIFTWATER CAPITAL
- Legal name: Payne Capital LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lake Oswego, OR
- Filing period: October 2026
- Form ADV filing dated: February 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/329458
- AdvisorCensus page: https://advisorcensus.com/firm/swiftwater-capital-lake-oswego-or-329458

## Quick answers

**How is Swiftwater Capital compensated?**
On its Form ADV (Item 5.E, October 2026), Swiftwater Capital reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Swiftwater Capital located?**
Swiftwater Capital's principal office is in Lake Oswego, OR, according to its Form ADV.

**Is Swiftwater Capital registered with the SEC or a state?**
Swiftwater Capital is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 329458.

**How much does Swiftwater Capital manage?**
Swiftwater Capital reports $170,887,842 in regulatory assets under management in its Form ADV filing dated February 9, 2026 (100% discretionary).

**What types of clients does Swiftwater Capital serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (23); individuals (other than high net worth individuals) (22); corporations or other businesses not listed above (4).

**Which custodians does Swiftwater Capital use?**
Swiftwater Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Swiftwater Capital 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/329458

**Does Swiftwater Capital state an account minimum?**
Its Form ADV Part 2A brochure dated February 9, 2026 says: "We do not have a minimum account size requirement."

**What changed in Swiftwater Capital's recent Form ADV filings?**
In the March 2026 filing data: Registered or notice-filed in WA.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated February 9, 2026)

- Account minimum: None

> We do not have a minimum account size requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $170,887,842
- Discretionary: $170,887,842
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 22 | $7,779,693 |
| High net worth individuals | 23 | $159,597,421 |
| Corporations or other businesses not listed above | 4 | $3,510,728 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2025 (0 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: OR, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Changes in the filing (last 12 months)

### March 2026
- Registered or notice-filed in WA.

### January 2026
- Newly registered with the SEC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Swiftwater Capital (CRD 329458): Form ADV filing data as of October 2026.