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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 100m 1b

WATERMARK ASSET MANAGEMENT, INC.

CRD 108407

SAN RAMON, CA

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:85ae662e-3318-a4c1-5edc-14eaf715ec25

Data as of Jan 14, 2019 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 1:38 PM UTC and rebuilt at most every 15 minutes.

Relationships: 15
Dated events: 0
On other graphs: 1
Observed: Jan 27, 2012 to Jan 14, 2019
14 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Allocatorsidentity

Watermark Asset Management, Inc.

Investment consultant · shared crd

Facts

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

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $408MItem 5.F on the latest filing (2019-01-14); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $408M
Private client RAUM: $364MderivedItem 5.D individuals plus high net worth individuals
Private client share: 89%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 10
Advisory employees: 7
Offices: 1Schedule D 1.F, beyond the principal office
Accounts: 1,146
Individual clients: 298
High net worth clients: 112
SEC number: 801-57796
CRD: 108407
Filings on the tape: 14
First filed: Jan 27, 2012
Latest filed: Jan 14, 2019
Organised: Corporation, California

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
COSTELLO, ROSANNE	VICE PRESIDENT	Na	yes	07/2016	Feb 16, 2017	Jan 14, 2019
MILLER, BARBARA, LOUISE	BOARD MEMBER	C	yes	06/1997	Jan 27, 2012	Jan 14, 2019
MILLER, MARK, IRWIN	PRESIDENT/CHIEF COMPLIANCE OFFICER	C	yes	06/1997	Jan 27, 2012	Jan 14, 2019

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
CAPFINANCIAL PARTNERS, LLC	n/a	Institutional manager	$1237B	N	yes	n/a
CAPFINANCIAL SECURITIES, LLC.	n/a	Former SEC adviser	$116B	N	yes	n/a
PENSIONMARK FINANCIAL GROUP, LLC	n/a	Other adviser	$72B	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Phoenix	Az	United States	2	no

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

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2017	Mar 19, 2018	$408M	$408M	10	7	1	n/a	n/a
2016	Feb 16, 2017	$346M	$346M	10	8	n/a	n/a	n/a
2015	Mar 10, 2016	$310M	$310M	10	7	n/a	n/a	n/a
2014	Apr 1, 2015	$302M	$302M	11	8	n/a	n/a	n/a
2013	Mar 31, 2014	$243M	$243M	9	5	n/a	n/a	n/a
2012	Apr 1, 2013	$217M	$217M	7	4	n/a	n/a	n/a
2011	Jan 27, 2012	$180M	$180M	n/a	n/a	n/a	n/a	n/a

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
2017	$408M	$346M	18.0%	$302M	10.6%	10	10	1	n/a

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
Captrust	3	Dec 31, 2018	Feb 5, 2019	SAN RAMON, CA	Firm absorbed	Other	75.0%

Relationships

Affiliated with (3)

→ CAPTRUST FINANCIAL ADVISORSRegistered adviserbroker-dealer, common control
factForm ADV
→ CAPTRUSTRegistered adviserother investment adviser, common control
factForm ADV
→ WORLD INVESTMENT ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV

Controls (3)

← COSTELLO, ROSANNEOwnerVICE PRESIDENT, ownership code NA, individual
Feb 16, 2017 to presentfactForm ADV
← MILLER, MARK, IRWINOwnerPRESIDENT/CHIEF COMPLIANCE OFFICER, ownership code C, individual
Jan 27, 2012 to presentfactForm ADV
← MILLER, BARBARA, LOUISEOwnerBOARD MEMBER, ownership code C, individual
Jan 27, 2012 to presentfactForm ADV

Registered with (8)

← Mark I MillerAdvisorregistration: previous registration
Aug 22, 1997 to Mar 29, 2019factForm ADV
← Rosanne CostelloAdvisorregistration: previous registration
Dec 8, 2014 to Dec 31, 2018factForm ADV
← David D FernandezAdvisorregistration: previous registration
Feb 13, 2017 to Dec 31, 2018factForm ADV
← Theodore Dau LewAdvisorregistration: previous registration
Sep 5, 2013 to Dec 31, 2018factForm ADV
← Andrew James CostelloAdvisorregistration: previous registration
Apr 13, 2018 to Aug 1, 2018factForm ADV
← DANIEL EDWARD KINGAdvisorregistration: previous registration
Dec 9, 2014 to Jun 20, 2018factForm ADV
← ERIC TINGWOEI LAIAdvisorregistration: previous registration
Nov 24, 2003 to Sep 3, 2014factForm ADV
← JOHN ROBERT WENZELAdvisorregistration: previous registration
Mar 31, 2008 to Sep 3, 2014factForm ADV

Moved with (1)

→ CAPTRUSTRegistered adviser3 advisors, firm absorbed, same day
Dec 31, 2018 to Feb 5, 2019factForm ADV

Dated events

No dated event names this entity yet.

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:85ae662e-3318-a4c1-5edc-14eaf715ec25
First observed: Jan 27, 2012
Last observed: Jan 14, 2019 93 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.

WATERMARK ASSET MANAGEMENT, INC.

CRD 108407

SAN RAMON, CA

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:85ae662e-3318-a4c1-5edc-14eaf715ec25

Data as of Jan 14, 2019 (this record's last observation) from federal regulator filings. Page built Sep 21, 2026, 1:38 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

COSTELLO, ROSANNE

VICE PRESIDENT

yes

07/2016

Feb 16, 2017

Jan 14, 2019

MILLER, BARBARA, LOUISE

BOARD MEMBER

yes

06/1997

Jan 27, 2012

Jan 14, 2019

MILLER, MARK, IRWIN

PRESIDENT/CHIEF COMPLIANCE OFFICER

yes

06/1997

Jan 27, 2012

Jan 14, 2019

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

CAPFINANCIAL PARTNERS, LLC

n/a

Institutional manager

$1237B

yes

n/a

CAPFINANCIAL SECURITIES, LLC.

n/a

Former SEC adviser

$116B

yes

n/a

PENSIONMARK FINANCIAL GROUP, LLC

n/a

Other adviser

$72B

yes

n/a

City

State

Country

Employees

Also broker-dealer

Phoenix

United States

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2017

Mar 19, 2018

$408M

n/a

2016

Feb 16, 2017

$346M

n/a

2015

Mar 10, 2016

$310M

n/a

2014

Apr 1, 2015

$302M

n/a

2013

Mar 31, 2014

$243M

n/a

2012

Apr 1, 2013

$217M

n/a

2011

Jan 27, 2012

$180M

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2017

$408M

$346M

18.0%

$302M

10.6%

n/a

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

Captrust

Dec 31, 2018

Feb 5, 2019

SAN RAMON, CA

Firm absorbed

Other

75.0%