AdvisorCensus / Financial advisors / Texas / Austin / Waterloo Capital
Waterloo Capital is an SEC-registered investment advisory firm in Austin, TX, registered since 2005, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 24, 2026.
Quick answers
From the filingHow is Waterloo Capital compensated?
On its Form ADV (Item 5.E, October 2026), Waterloo Capital reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions.
Where is Waterloo Capital located?
Waterloo Capital's principal office is in Austin, TX, according to its Form ADV; the October 2026 filing also lists 9 other offices (Schedule D, Section 1.F).
Is Waterloo Capital registered with the SEC or a state?
Waterloo Capital is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133705.
How much does Waterloo Capital manage?
Waterloo Capital reports $2,261,124,371 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (93% discretionary).
How have Waterloo Capital's assets and staff changed since 2021?
In the Form ADV data for Waterloo Capital: Regulatory assets under management: $719,157,759 in the October 2021 data and $2,261,124,371 in the October 2026 data, up 214%. Total employees: 22 in October 2021 and 64 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Waterloo Capital serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,685); high net worth individuals (924); pension and profit sharing plans (but not the plan participants or government pension plans) (188).
Which custodians does Waterloo Capital use?
Waterloo Capital's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Distributors Company LLC as custodians holding 10% or more of its separately managed account assets.
Does Waterloo 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/133705
Does Waterloo Capital state an account minimum?
Its Form ADV Part 2A brochure dated July 30, 2026 says: "As a condition for starting and maintaining an advisory relationship, the firm generally require a minimum portfolio size of $1,000,000." "The firm, at its sole discretion, may accept clients with smaller portfolios based upon certain factors including anticipated future earning capacity, anticipated future additional assets, account composition, related accounts, and pre-existing client relationships."
What changed in Waterloo Capital's recent Form ADV filings?
In the October 2026 filing data: Added the business name Bay Rivers Group Wealth Partners. Changed its office addresses in Atlanta, GA. Added an office in Williamsburg, VA. Registered or notice-filed in VA.
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
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
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 2AAccount minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
As a condition for starting and maintaining an advisory relationship, the firm generally require a minimum portfolio size of $1,000,000.
The firm, at its sole discretion, may accept clients with smaller portfolios based upon certain factors including anticipated future earning capacity, anticipated future additional assets, account composition, related accounts, and pre-existing client relationships.
As stated in the firm's Form ADV Part 2A brochure dated July 30, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$2,261,124,371 as of October 2026, filing dated September 24, 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- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Waterloo Capital, L.P.
- Also doing business as
- AMG WEALTH ADVISORS, AVELLIE WEALTH MANAGEMENT LLC, BAY RIVERS GROUP WEALTH PARTNERS, EBERLY WEALTH MANAGEMENT, ELEMENT RETIREMENT & INVESTMENT CONSULTANTS, LLC, HAP NIELSEN INVESTMENTS, LIGHTHOUSE FINANCIAL ADVISORS LLC, MARKET STREET CAPITAL, STRATEGIC CAPITAL, WATERLOO CAPITAL
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2005 (21 years)
- Employees
- Total: 64. Performing investment advisory functions: 44.
- Wrap fee program participation
- Yes.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
9 other offices, as of the October 2026 filing
- States registered or notice-filed
-
28 states or jurisdictions
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 | $2,261,124,371 | 64 | September 24, 2026 |
| October 2025 | $1,686,618,820 | 54 | July 29, 2025 |
| October 2024 | $1,302,845,545 | 42 | June 26, 2024 |
| October 2023 | $745,508,904 | 24 | September 19, 2023 |
| October 2022 | $798,435,135 | 24 | September 29, 2022 |
| October 2021 | $719,157,759 | 22 | March 22, 2021 |
Regulatory assets under management: $719,157,759 in the October 2021 data and $2,261,124,371 in the October 2026 data, up 214%.
Total employees: 22 in October 2021 and 64 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- October 2026
- Added the business name Bay Rivers Group Wealth Partners.
- Changed its office addresses in Atlanta, GA.
- Added an office in Williamsburg, VA.
- Registered or notice-filed in VA.
- August 2026
- No longer lists the business name Ironclad Strategies.
- July 2026
- Added an office in Tucson, AZ.
- April 2026
- Added the business name Avellie Wealth Management LLC.
- Employees performing advisory functions went from 37 to 44.
- Regulatory assets under management went from $1,686,618,820 to $2,261,124,371 (+34%).
- Added an office in Houston, TX.
- Added an office in Scottsdale, AZ.
- March 2026
- No longer lists the business name Liberty Park.
- February 2026
- Registered or notice-filed in AZ, CT, FL, ID, IL, IN, KS, KY, MI, MN, MO, NH, NJ, NM, OK, SC, TN, WA, WI.
- December 2025
- Added the business name Liberty Park.
- Added an office in Austin, TX.
- No longer lists an office in Houston, TX.
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. Waterloo Capital (CRD 133705): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/waterloo-capital-austin-tx-133705