DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Watermark Group, Inc.

Asset manager (funds and pooled vehicles)Princeton, New JerseyCRD 108272SEC 801-37258websiteIAPD
Latest filing Apr 1, 2026
First filing on the tape Mar 29, 2012 · 24 filings
SEC status approved since Aug 8, 1990
RAUM
$3.8B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
22
8 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
2
reported on Schedule D
History
24 filings and snapshots on the tape
RAUM$3.8B as of Apr 1, 2026
Mar 29, 2012$784M then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Apr 1, 2026
Mar 29, 20120 then
Employees (5.A)22 as of Apr 1, 2026
Mar 28, 20134 then
Private funds2 as of Apr 1, 2026
Mar 29, 20121 then
RAUM -6.9% over the last fiscal year+14% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Apr 1, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$637MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-6.9%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$3.8B, 6 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$3.8B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
6reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$3.8B for 6 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Every departureEvery arrival
      Private funds
      2 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Parsec Trading Corp.Hedge Fund$1.5B48Mar 29, 2012
      Parsec Plus Master Fund, Ltd.Hedge Fund$1.1B28Jun 14, 2024
      Owners and control persons
      Schedule A and B, latest filing
      • Evan Jesse Lasky · Chief Financial Officercontrol
        since 05/2001 · owns less than 5%
      • Gormley William Nicolls · Vice Presidentcontrol
        since 12/2021 · owns 10% to 25%
      • John Niforatos · Vice Presidentcontrol
        since 12/2021 · owns 10% to 25%
      • Marc Andrew Okun · Presidentcontrol
        since 12/2021 · owns 25% to 50%
      • Cedric David Rowntree · Vice Presidentcontrol
        since 12/2021 · owns 10% to 25%
      • Algase Dougin Walker · Vice President & Trustee Of Dougin Walker Family Trustcontrol
        since 12/2021 · owns 5% to 10%
      • Terence Woolf · Chief Compliance Officercontrol
        since 03/2018 · owns less than 5%
      Entity owners
      • Dougin Walker Family Trust · Non-Voting Shareholder
        direct · owns 5% to 10%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Assets in custody · $4.1B to $3.8B
        Apr 2, 2025 to Mar 31, 2026
      • Employees · 21 to 22
        Apr 2, 2025 to Mar 31, 2026
      • Discretionary RAUM · $4.1B to $3.8B
        Apr 2, 2025 to Mar 31, 2026
      • Pooled vehicle RAUM · $4.1B to $3.8B
        Apr 2, 2025 to Mar 31, 2026
      • RAUM · $4.1B to $3.8B
        Apr 2, 2025 to Mar 31, 2026
      • Assets in custody · $2.6B to $4.1B
        Jun 14, 2024 to Apr 2, 2025
      • Financial planning clients · unset to
        Jun 14, 2024 to Apr 2, 2025
      • Discretionary RAUM · $2.6B to $4.1B
        Jun 14, 2024 to Apr 2, 2025
      • Pooled vehicle RAUM · $2.6B to $4.1B
        Jun 14, 2024 to Apr 2, 2025
      • RAUM · $2.6B to $4.1B
        Jun 14, 2024 to Apr 2, 2025
      • Accounts · 3 to 6
        Mar 20, 2024 to Jun 14, 2024
      • Pooled vehicle clients · 3 to 6
        Mar 20, 2024 to Jun 14, 2024
      • Assets in custody · $2.8B to $2.6B
        Mar 20, 2024 to Jun 14, 2024
      • Private funds · 1 to 2
        Mar 20, 2024 to Jun 14, 2024
      • Discretionary RAUM · $2.8B to $2.6B
        Mar 20, 2024 to Jun 14, 2024
      • Pooled vehicle RAUM · $2.8B to $2.6B
        Mar 20, 2024 to Jun 14, 2024
      • RAUM · $2.8B to $2.6B
        Mar 20, 2024 to Jun 14, 2024
      • Assets in custody · $2.6B to $2.8B
        May 30, 2023 to Mar 20, 2024
      • Employees · 20 to 21
        May 30, 2023 to Mar 20, 2024
      • Discretionary RAUM · $2.6B to $2.8B
        May 30, 2023 to Mar 20, 2024
      • Pooled vehicle RAUM · $2.6B to $2.8B
        May 30, 2023 to Mar 20, 2024
      • RAUM · $2.6B to $2.8B
        May 30, 2023 to Mar 20, 2024
      • Accounts · 4 to 3
        Mar 25, 2022 to Mar 24, 2023
      • Advisory employees · 6 to 8
        Mar 25, 2022 to Mar 24, 2023
      • Pooled vehicle clients · 4 to 3
        Mar 25, 2022 to Mar 24, 2023
      • Assets in custody · $2.6B to $2.6B
        Mar 25, 2022 to Mar 24, 2023
      • Employees · 17 to 20
        Mar 25, 2022 to Mar 24, 2023
      • Discretionary RAUM · $2.6B to $2.6B
        Mar 25, 2022 to Mar 24, 2023
      • Pooled vehicle RAUM · $2.6B to $2.6B
        Mar 25, 2022 to Mar 24, 2023
      • RAUM · $2.6B to $2.6B
        Mar 25, 2022 to Mar 24, 2023
      • Advisory employees · 7 to 6
        Jan 4, 2022 to Mar 25, 2022
      • Business name · WATERMARK GROUP to WATERMARK GROUP, INC.
        Jan 4, 2022 to Mar 25, 2022
      • Assets in custody · $2.3B to $2.6B
        Jan 4, 2022 to Mar 25, 2022
      • Employees · 18 to 17
        Jan 4, 2022 to Mar 25, 2022
      • Legal name · TACHYON PARTNERS, L.P. to WATERMARK GROUP, INC.
        Jan 4, 2022 to Mar 25, 2022
      • Discretionary RAUM · $2.3B to $2.6B
        Jan 4, 2022 to Mar 25, 2022
      • Pooled vehicle RAUM · $2.3B to $2.6B
        Jan 4, 2022 to Mar 25, 2022
      • RAUM · $2.3B to $2.6B
        Jan 4, 2022 to Mar 25, 2022
      • Succession · true to false
        Jan 4, 2022 to Mar 25, 2022
      • Advisory employees · 5 to 7
        Mar 25, 2021 to Jan 4, 2022
      Signals
      5 dated events
      • Watermark Group, Inc. reported RAUM $4.1B, up 60% from $2.6B (2024-06-14 to 2025-04-02)
        Apr 2, 2025 · RAUM change · derived
      • Evan Jesse Lasky (Chief Financial Officer) appeared on Schedule A of Watermark Group, Inc.
        Mar 25, 2021 · Control person joined · fact
      • Watermark Group reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Jan 4, 2021 · Succession (Item 4) · fact
      • Watermark Group, Inc. reported RAUM $2.5B, up 32% from $1.9B (2020-01-08 to 2020-03-23)
        Mar 23, 2020 · RAUM change · derived
      • Watermark Group, Inc. reported RAUM $1.6B, up 25% from $1.3B (2017-06-16 to 2018-03-28)
        Mar 28, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Website
      PARSECPLUS.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (609) 683-8200reportedpublic record, Form ADV, Apr 1, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026