WATER ASSET MANAGEMENT, LLC

RIASEC RegisteredEst. 2009

Total AUM

$781M

Discretionary

$781M

100% of AUM

Avg account

$1.9M

Accounts

405

Employees

Advisory reps

Firm details

Headquarters: New York, New York
CRD number: 151508
Registered since: October 1, 2009
Website: www.waterinv.com
Fee structure: Percentage of AUM, Performance Based Fees
Client types: HNWI32.87%
Pooled Investment Vehicles30.49%
State / Municipal Government25%
Other5.89%
Corporations / Businesses3.11%
Services: Portfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

Water Asset Management, LLC is a privately held investment manager formed as an LLC and registered with the SEC in 2009. The firm operates as a hybrid manager—running hedge fund and private equity strategies while also functioning as a multifaceted fund manager that advises pooled investment vehicles. Its client base mixes individual and family clients with institutional investors. Compensation is via a traditional asset-based fee schedule combined with performance-based fees for certain strategies. Water Asset Management does not describe itself as a capital allocator, and it does not market itself as an ESG-focused or multistate adviser. The firm lists advisory activity that includes portfolio management for pooled vehicles and for businesses or institutions, and it notes an industry affiliation with accounting professionals.