{
  "crd_number": 133705,
  "slug": "waterloo-capital-austin-tx-133705",
  "primary_business_name": "WATERLOO CAPITAL",
  "legal_name": "WATERLOO CAPITAL, L.P.",
  "dbas": [
    "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"
  ],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-03-11",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-09-24",
  "carried_forward": false,
  "raum_total": 2261124371.0,
  "raum_discretionary": 2103456068.0,
  "raum_non_discretionary": 157668303.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 64,
  "advisory_employees": 44,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 384391143.0,
      "count": 1685
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 226112437.0,
      "count": 188
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1650620791.0,
      "count": 924
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MI",
    "MN",
    "MO",
    "NC",
    "NH",
    "NJ",
    "NM",
    "NY",
    "OK",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://amgwealthadvisors.com",
    "https://andrewjohnsen.com",
    "https://eberlywealth.com",
    "https://elementconsultants.com",
    "https://facebook.com/@stratCapital or Strategic Capital",
    "https://facebook.com/ElementConsultants",
    "https://facebook.com/LighthouseFinanciaIAR",
    "https://facebook.com/WATERLOOCM",
    "https://hapinvestments.com",
    "https://ihfinancial.net",
    "https://instagram.strategiccapital",
    "https://linkedin.com/@strat-cap or Strategic Capital",
    "https://linkedin.com/COMPANY/WATERLOO-CAPITAL-MANAGEMENT-",
    "https://linkedin.com/Company/amg-wealth-advisors",
    "https://linkedin.com/company/AMG -Wealth-Advisors",
    "https://linkedin.com/company/Ihfinancial",
    "https://linkedin.com/company/Johnchatmas-42420132",
    "https://linkedin.com/icompany/elementconsultants",
    "https://linkedin.com/in/ben-woodward-65262740",
    "https://linkedin.com/in/benjamin-fuller-297053a",
    "https://linkedin.com/in/chad-kennedy0",
    "https://linkedin.com/in/daxweidorffinancialadvisor",
    "https://linkedin.com/in/don-simoneaux/2438615",
    "https://linkedin.com/in/grant-smith-cfp-492493a6",
    "https://linkedin.com/in/grayson-griffin-749856174",
    "https://linkedin.com/in/jeanarias",
    "https://linkedin.com/in/kasey-cooper-510760155",
    "https://linkedin.com/in/lorigannmorris",
    "https://linkedin.com/in/pollyfmoore",
    "https://linkedin.com/in/saraseely",
    "https://linkedin.com/in/steve-schultheis-maml-78838612",
    "https://waterloocap.com",
    "https://x.com/WATERLOOCM",
    "https://x.com/loriannmorris",
    "https://x.stratcap"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133705",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/waterloo-capital-austin-tx-133705",
  "display_name": "Waterloo Capital",
  "summary": "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.",
  "citation": "AdvisorCensus. Waterloo Capital (CRD 133705): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Waterloo Capital compensated?",
      "a": "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."
    },
    {
      "q": "Where is Waterloo Capital located?",
      "a": "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)."
    },
    {
      "q": "Is Waterloo Capital registered with the SEC or a state?",
      "a": "Waterloo Capital is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 133705."
    },
    {
      "q": "How much does Waterloo Capital manage?",
      "a": "Waterloo Capital reports $2,261,124,371 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (93% discretionary)."
    },
    {
      "q": "How have Waterloo Capital's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Waterloo Capital serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Waterloo Capital use?",
      "a": "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."
    },
    {
      "q": "Does Waterloo Capital report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Waterloo Capital state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Waterloo Capital's recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 719157759.0,
      "total_employees": 22,
      "filing_date": "2021-03-22"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 798435135.0,
      "total_employees": 24,
      "filing_date": "2022-09-29"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 745508904.0,
      "total_employees": 24,
      "filing_date": "2023-09-19"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1302845545.0,
      "total_employees": 42,
      "filing_date": "2024-06-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1686618820.0,
      "total_employees": 54,
      "filing_date": "2025-07-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2261124371.0,
      "total_employees": 64,
      "filing_date": "2026-09-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "No longer lists the business name Ironclad Strategies."
      ]
    },
    {
      "period": "2026-07-01",
      "period_label": "July 2026",
      "notes": [
        "Added an office in Tucson, AZ."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "No longer lists the business name Liberty Park."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in AZ, CT, FL, ID, IL, IN, KS, KY, MI, MN, MO, NH, NJ, NM, OK, SC, TN, WA, WI."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Added the business name Liberty Park.",
        "Added an office in Austin, TX.",
        "No longer lists an office in Houston, TX."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated July 30, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Distributors Company LLC",
      "name_as_filed": "FIDELITY DISTRIBUTORS COMPANY LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/waterloo-capital-austin-tx-133705.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 1685,
      "fewer_than_5": false,
      "raum": 384391143.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 924,
      "fewer_than_5": false,
      "raum": 1650620791.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 188,
      "fewer_than_5": false,
      "raum": 226112437.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/133705",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}