DFX Intelligence

Data Factory

RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

WATERWAY WEALTH MANAGEMENT, L.L.C.

CRD 164975

THE WOODLANDS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:46b42ae2-515d-2887-61c4-d288234e9a9f

Data as of Apr 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:27 AM UTC and rebuilt at most every 15 minutes.

Relationships: 11
Dated events: 6
On other graphs: 0
Observed: Jan 10, 2013 to Apr 13, 2026
29 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: independent wealth managerderivedprivate_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0
Regulatory AUM: $676MItem 5.F on the latest filing (2026-04-13); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $652M
Private client RAUM: $675MderivedItem 5.D individuals plus high net worth individuals
Private client share: 100%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $135Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 11
Advisory employees: 4
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 1,073
Individual clients: 15
High net worth clients: 124
Custody, client assets: $286M
SEC number: 801-77571
CRD: 164975
Filings on the tape: 29
First filed: Jan 10, 2013
Latest filed: Apr 13, 2026
Organised: Limited Liability Company, TX
Website: waterwaywealth.com

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
DANIEL PAUL MICHALK	Certified Financial Planner\|Chartered Financial Consultant\|Chartered Financial Analyst	THE WOODLANDS, TX	14	31	3	no
ARIEL NICOLE JASSO	n/a	THE WOODLANDS, TX	2	12	1	no
Ross Conner King	Certified Financial Planner	THE WOODLANDS, TX	2	13	n/a	no
JESSICA LEIGH MCCAIN	Certified Financial Planner	THE WOODLANDS, TX	1	13	2	no
Daniel Robert Trgovich	Chartered Financial Analyst	THE WOODLANDS, TX	1	15	n/a	no

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MICHALK, DANIEL, PAUL	MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER	E	yes	07/2012	Jan 10, 2013	Nov 13, 2024

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line; showing 13 of 14

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Apr 13, 2026	$676M	$652M	11	4	0	n/a	n/a
2024	Feb 18, 2025	$553M	$530M	10	2	0	n/a	n/a
2023	Feb 23, 2024	$581M	$567M	13	4	1	n/a	n/a
2022	Mar 28, 2023	$501M	$501M	14	5	1	n/a	n/a
2021	Mar 30, 2022	$499M	$499M	13	5	1	n/a	n/a
2020	Mar 31, 2021	$421M	$421M	11	4	1	n/a	n/a
2019	Mar 26, 2020	$374M	$374M	12	4	1	n/a	n/a
2018	Apr 18, 2019	$296M	$296M	9	3	1	n/a	n/a
2017	Mar 28, 2018	$299M	$299M	10	3	0	n/a	n/a
2016	Mar 23, 2017	$238M	$238M	9	3	n/a	n/a	n/a
2015	Mar 18, 2016	$189M	$189M	10	3	n/a	n/a	n/a
2014	Mar 11, 2015	$188M	$188M	4	3	n/a	n/a	n/a
2013	Feb 13, 2014	$160M	$160M	4	3	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
0	0	0	0.0%	0	0	0	2	4

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$676M	$553M	22.2%	$501M	10.5%	11	10	0	0

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
OSAIC ADVISORY SERVICES, LLC	2	Apr 15, 2024	Mar 7, 2024	THE WOODLANDS, TX	Team lift out	RIA to ibd	40.0%

Relationships

Registered with (9)

← Daniel Robert TrgovichAdvisorregistration: current employment
Mar 20, 2025 to presentfactForm ADV
← JESSICA LEIGH MCCAINAdvisorregistration: current employment
Feb 11, 2025 to presentfactForm ADV
← Ross Conner KingAdvisorregistration: current employment
Apr 24, 2024 to presentfactForm ADV
← ARIEL NICOLE JASSOAdvisorregistration: current employment
Feb 14, 2024 to presentfactForm ADV
← DANIEL PAUL MICHALKAdvisorregistration: current employment
Aug 31, 2012 to presentfactForm ADV
← JACK DANIEL COWLINGAdvisorregistration: previous registration
Jun 1, 2019 to Sep 17, 2024factForm ADV
← DAVID C MICHALKAdvisorregistration: previous registration
Dec 10, 2013 to Apr 15, 2024factForm ADV
← MICHAEL THOMAS PARROTTAdvisorregistration: previous registration
Jun 8, 2021 to Apr 15, 2024factForm ADV
← ROBERT BOYD DWYERAdvisorregistration: previous registration
Jan 7, 2013 to Dec 12, 2023factForm ADV

Controls (1)

← MICHALK, DANIEL, PAULOwnerMANAGING MEMBER AND CHIEF COMPLIANCE OFFICER, ownership code E, individual
Jan 10, 2013 to Nov 13, 2024factForm ADV

Moved with (1)

→ OSAIC ADVISORY SERVICES, LLCRegistered adviser2 advisors, team lift out, same day
Apr 15, 2024 to Mar 7, 2024factForm ADV

Dated events

Occurred
Sep 17, 2024
Advisor changed firm
Jack Daniel Cowling left Waterway Wealth Management, L.L.C. for Austin Asset (registered 2024-11-27)
Form ADVobserved 6 days ago
Occurred
Apr 15, 2024
Team lift-out
2 advisors left Waterway Wealth Management, L.L.C. (The Woodlands, TX) for Osaic Advisory Services, LLC on the same day
Form ADVobserved 6 days ago
2 advisors
Occurred
Apr 15, 2024
Advisor changed firm
Michael Thomas Parrott left Waterway Wealth Management, L.L.C. for Osaic Advisory Services, Llc (registered 2024-03-07)
Form ADVobserved 6 days ago
Occurred
Apr 15, 2024
Advisor changed firm
David C Michalk left Waterway Wealth Management, L.L.C. for Osaic Advisory Services, Llc (registered 2024-03-07)
Form ADVobserved 6 days ago
Occurred
Dec 12, 2023
Advisor changed firm
Robert Boyd Dwyer left Waterway Wealth Management, L.L.C. for Heritage Wealth Management (registered 2023-12-08)
Form ADVobserved 6 days ago
Occurred
Jan 10, 2013
First Form ADV filing
Waterway Wealth Management, L.L.C. filed its initial SEC registration (Form ADV)
Form ADVobserved 6 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:46b42ae2-515d-2887-61c4-d288234e9a9f
First observed: Jan 10, 2013
Last observed: Apr 13, 2026 5 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

WATERWAY WEALTH MANAGEMENT, L.L.C.

CRD 164975

THE WOODLANDS, TX

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:46b42ae2-515d-2887-61c4-d288234e9a9f

Data as of Apr 13, 2026 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 11:27 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

DANIEL PAUL MICHALK

Certified Financial Planner|Chartered Financial Consultant|Chartered Financial Analyst

THE WOODLANDS, TX

ARIEL NICOLE JASSO

n/a

THE WOODLANDS, TX

Ross Conner King

Certified Financial Planner

THE WOODLANDS, TX

n/a

JESSICA LEIGH MCCAIN

Certified Financial Planner

THE WOODLANDS, TX

Daniel Robert Trgovich

Chartered Financial Analyst

THE WOODLANDS, TX

n/a

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MICHALK, DANIEL, PAUL

MANAGING MEMBER AND CHIEF COMPLIANCE OFFICER

yes

07/2012

Jan 10, 2013

Nov 13, 2024

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Apr 13, 2026

$676M

$652M

n/a

2024

Feb 18, 2025

$553M

$530M

n/a

2023

Feb 23, 2024

$581M

$567M

n/a

2022

Mar 28, 2023

$501M

n/a

2021

Mar 30, 2022

$499M

n/a

2020

Mar 31, 2021

$421M

n/a

2019

Mar 26, 2020

$374M

n/a

2018

Apr 18, 2019

$296M

n/a

2017

Mar 28, 2018

$299M

n/a

2016

Mar 23, 2017

$238M

n/a

2015

Mar 18, 2016

$189M

n/a

2014

Mar 11, 2015

$188M

n/a

2013

Feb 13, 2014

$160M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$676M

$553M

22.2%

$501M

10.5%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

OSAIC ADVISORY SERVICES, LLC

Apr 15, 2024

Mar 7, 2024

THE WOODLANDS, TX

Team lift out

RIA to ibd

40.0%