# Waterway Wealth Management, L.L.C.

> Waterway Wealth Management, L.L.C. is an SEC-registered investment advisory firm in The Woodlands, TX, registered since 2013, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 13, 2026.

- CRD: 164975
- Filed as: WATERWAY WEALTH MANAGEMENT, L.L.C.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: The Woodlands, TX
- Filing period: October 2026
- Form ADV filing dated: April 13, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164975
- AdvisorCensus page: https://advisorcensus.com/firm/waterway-wealth-management-l-l-c-the-woodlands-tx-164975

## Quick answers

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

**How much does Waterway Wealth Management, L.L.C. charge?**
Its Form ADV Part 2A brochure dated March 17, 2026 states: Flat fee: $4,000 to $10,000 (comprehensive financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Waterway Wealth Management, L.L.C. located?**
Waterway Wealth Management, L.L.C.'s principal office is in The Woodlands, TX, according to its Form ADV.

**Is Waterway Wealth Management, L.L.C. registered with the SEC or a state?**
Waterway Wealth Management, L.L.C. is an SEC-registered investment advisory firm, registered since 2013. Status as filed: Approved. CRD 164975.

**How much does Waterway Wealth Management, L.L.C. manage?**
Waterway Wealth Management, L.L.C. reports $675,772,806 in regulatory assets under management in its Form ADV filing dated April 13, 2026 (96% discretionary).

**How have Waterway Wealth Management, L.L.C.'s assets and staff changed since 2021?**
In the Form ADV data for Waterway Wealth Management, L.L.C.: Regulatory assets under management: $421,422,639 in the October 2021 data and $675,772,806 in the October 2026 data, up 60%. Total employees: 11 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Waterway Wealth Management, L.L.C. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (124); individuals (other than high net worth individuals) (15); corporations or other businesses not listed above (3).

**Which custodians does Waterway Wealth Management, L.L.C. use?**
Waterway Wealth Management, L.L.C.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Waterway Wealth Management, L.L.C. 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/164975

**What changed in Waterway Wealth Management, L.L.C.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 2 to 4. Regulatory assets under management went from $552,789,475 to $675,772,806 (+22%). Updated its list of owners and control persons (Schedule A).

## 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 March 17, 2026)

- Flat fee: $4,000 to $10,000 (comprehensive financial planning services)

> We will charge a fixed fee, which typically ranges between $ 4,000 and $10,000 for comprehensive financial planning services.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $675,772,806
- Discretionary: $651,637,680
- Non-discretionary: $24,135,126

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 15 | $32,903,037 |
| High net worth individuals | 124 | $642,040,137 |
| Corporations or other businesses not listed above | 3 | $829,632 |

### 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)

### Firm details
- Registered since: 2013 (13 years)
- Employees: 11 total, 4 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CO, LA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [waterwaywealth.com](https://waterwaywealth.com)
- Facebook @waterwaywealth
- LinkedIn @waterway-wealth-management
- X @waterwaywealth

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $421,422,639 | 11 | March 31, 2021 |
| October 2022 | $498,744,808 | 13 | March 30, 2022 |
| October 2023 | $500,740,211 | 14 | March 29, 2023 |
| October 2024 | $581,381,316 | 13 | June 24, 2024 |
| October 2025 | $552,789,475 | 10 | February 18, 2025 |
| October 2026 | $675,772,806 | 11 | April 13, 2026 |

Regulatory assets under management: $421,422,639 in the October 2021 data and $675,772,806 in the October 2026 data, up 60%.
Total employees: 11 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 2 to 4.
- Regulatory assets under management went from $552,789,475 to $675,772,806 (+22%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Waterway Wealth Management, L.L.C. (CRD 164975): Form ADV filing data as of October 2026.