# Water Asset Management, LLC

> Water Asset Management, LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2009, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated May 4, 2026.

- CRD: 151508
- Filed as: WATER ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/151508
- AdvisorCensus page: https://advisorcensus.com/firm/water-asset-management-llc-new-york-ny-151508

## Quick answers

**How is Water Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Water Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Water Asset Management, LLC located?**
Water Asset Management, LLC's principal office is in New York, NY, according to its Form ADV.

**Is Water Asset Management, LLC registered with the SEC or a state?**
Water Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 151508.

**How much does Water Asset Management, LLC manage?**
Water Asset Management, LLC reports $780,927,310 in regulatory assets under management in its Form ADV filing dated May 4, 2026 (100% discretionary).

**How have Water Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Water Asset Management, LLC: Regulatory assets under management: $339,463,450 in the October 2021 data and $780,927,310 in the October 2026 data, up 130%. Total employees: 10 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Water Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (289); pooled investment vehicles (other than investment companies and business development companies) (66); individuals (other than high net worth individuals) (19).

**Does Water Asset Management, 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/151508

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $780,927,310
- Discretionary: $780,927,310
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 19 | $4,353,463 |
| High net worth individuals | 289 | $256,686,772 |
| Pooled investment vehicles (other than investment companies and business development companies) | 66 | $238,098,063 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $14,970,664 |
| Charitable organizations | 1 | $1,276,023 |
| State or municipal government entities (including government pension plans) | 4 | $195,214,131 |
| Corporations or other businesses not listed above | 5 | $24,324,749 |
| Other | 17 | $46,003,445 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2009 (17 years)
- Employees: 16 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, NV, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

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

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $339,463,450 | 10 | June 1, 2021 |
| October 2022 | $450,178,687 | 12 | September 1, 2022 |
| October 2023 | $541,079,703 | 16 | April 28, 2023 |
| October 2024 | $665,285,098 | 16 | April 26, 2024 |
| October 2025 | $746,132,475 | 16 | May 6, 2025 |
| October 2026 | $780,927,310 | 16 | May 4, 2026 |

Regulatory assets under management: $339,463,450 in the October 2021 data and $780,927,310 in the October 2026 data, up 130%.
Total employees: 10 in October 2021 and 16 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Water Asset Management, LLC (CRD 151508): Form ADV filing data as of October 2026.