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.

Former SEC-registered adviser

Eaton Vance Wateroak Advisors

Former SEC-registered adviserBoston, MassachusettsCRD 132047SEC 801-63334IAPD
Latest filing Mar 31, 2022
First filing on the tape Nov 30, 2011 · 41 filings
RAUM
$15B
reported, Item 5.F
Discretionary
94%
of RAUM
Private clients
91%
$13B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
67
27 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
41 filings and snapshots on the tape
RAUM$15B as of Mar 31, 2022
Jan 30, 2012$4.6B then
HNW client RAUM$11B as of Mar 31, 2022
Jan 31, 2018$4.7B then
State-registered IARs (5.B.3)14 as of Mar 31, 2022
Jan 29, 20134 then
Employees (5.A)67 as of Mar 31, 2022
Jan 29, 201344 then
Private funds: no history
RAUM +41% over the last fiscal year+35% a year over threeIARs 14 to 14offices 3 to 2
Practice profile
derived from the filing of Mar 31, 2022; every figure names its basis
RAUM per advisor
$1.0BderivedRAUM over IAPD advisors; not a book size
Clients per advisor
106derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$25.9MderivedHNW RAUM over HNW clients
Average account
$2.6MderivedRAUM over accounts (5.F.2.f)
Discretionary
94%derivedof RAUM
Institutional
6.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
4.8derivedItem 5.A over advisors
Advisors per office
4.7derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+41%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-70%derived
Compensation
percentage of assets, fixed fees, performance-basedreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, selection of other advisersreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • a related person acts as qualified custodian (9.D.2)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$11B73%
  • Individuals$2.6B18%
  • Charitable organizations$847M5.8%
  • Corporations and businesses$208M1.4%
  • Investment companies$154M1.1%
  • Pension and profit-sharing plans$95.7M0.7%
  • Insurance companies$42.5M0.3%
Individual clients
1,073reported
HNW clients
412reported
Pension plan clients
7reported
Charitable clients
62reported
Accounts
5,607reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $11.5M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, performancereported
Class basis
absent from the latest SEC rosterderived
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
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • E. Thomas Faust · Executive Vice Presidentcontrol
    since 11/2007 · owns less than 5%
  • Ryan Scott Kudlacik · Chief Compliance Officer, Vice Presidentcontrol
    since 04/2020 · owns less than 5%
  • Connor David Mccabe · Presidentcontrol
    since 11/2011 · owns less than 5%
  • Michael Daniel Puopolo · Chief Administrative Officercontrol
    since 11/2019 · owns less than 5%
Entity owners
  • Morgan Stanley Domestic Holdings, Inc. · Beneficial Owner
    direct · owns 75% or more
  • Morgan Stanley · Holds 100% Of Morgan Stanley Capital Management, LLC
    indirect · owns 75% or more of Morgan Stanley Capital Management, LLC · public reporting company
  • Morgan Stanley Capital Management, LLC · Holds 100% Of Morgan Stanley Domestic Holdings, Inc.
    indirect · owns 75% or more of Morgan Stanley Domestic Holdings, Inc.
Related persons
Schedule D 7.A
Advisers that list Eaton Vance Wateroak Advisors as a related person
Offices
Schedule D 1.F, the 25 largest
  • Winter Park, FL8 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 5,264 to 5,607
    Jul 30, 2021 to Mar 31, 2022
  • Advisory employees · 33 to 27
    Jul 30, 2021 to Mar 31, 2022
  • Charity clients · 138 to 62
    Jul 30, 2021 to Mar 31, 2022
  • Corporate clients · 27.0 to unset
    Jul 30, 2021 to Mar 31, 2022
  • HNW clients · 1,783 to 412
    Jul 30, 2021 to Mar 31, 2022
  • Individual clients · 3,215 to 1,073
    Jul 30, 2021 to Mar 31, 2022
  • Pension plan clients · 31 to 7
    Jul 30, 2021 to Mar 31, 2022
  • Assets in custody · 7193121719.0 to unset
    Jul 30, 2021 to Mar 31, 2022
  • Custody of client assets · true to false
    Jul 30, 2021 to Mar 31, 2022
  • Employees · 68 to 67
    Jul 30, 2021 to Mar 31, 2022
  • Other offices · 3 to 2
    Jul 30, 2021 to Mar 31, 2022
  • Discretionary RAUM · $9.5B to $14B
    Jul 30, 2021 to Mar 31, 2022
  • HNW RAUM · $7.7B to $11B
    Jul 30, 2021 to Mar 31, 2022
  • Individual RAUM · $1.0B to $2.6B
    Jul 30, 2021 to Mar 31, 2022
  • Non-discretionary RAUM · $823M to $869M
    Jul 30, 2021 to Mar 31, 2022
  • Pension RAUM · $184M to $95.7M
    Jul 30, 2021 to Mar 31, 2022
  • RAUM · $10B to $15B
    Jul 30, 2021 to Mar 31, 2022
  • Wrap assets (manager) · $9.4M to $11.5M
    Jul 30, 2021 to Mar 31, 2022
  • BD registered reps · 18 to 0
    Jan 29, 2021 to Mar 30, 2021
  • Employees · 58 to 68
    Jan 29, 2021 to Mar 30, 2021
  • Accounts · 2,907 to 5,264
    Nov 9, 2020 to Jan 29, 2021
  • Advisory employees · 25 to 33
    Nov 9, 2020 to Jan 29, 2021
  • Advisory activities · 4 to 5
    Nov 9, 2020 to Jan 29, 2021
  • Charity clients · 98 to 138
    Nov 9, 2020 to Jan 29, 2021
  • Corporate clients · unset to 27.0
    Nov 9, 2020 to Jan 29, 2021
  • HNW clients · 1,445 to 1,783
    Nov 9, 2020 to Jan 29, 2021
  • Individual clients · 1,263 to 3,215
    Nov 9, 2020 to Jan 29, 2021
  • Pension plan clients · 35 to 31
    Nov 9, 2020 to Jan 29, 2021
  • Assets in custody · $6.4B to $7.2B
    Nov 9, 2020 to Jan 29, 2021
  • Discretionary RAUM · $7.0B to $9.5B
    Nov 9, 2020 to Jan 29, 2021
  • HNW RAUM · $6.0B to $7.7B
    Nov 9, 2020 to Jan 29, 2021
  • Individual RAUM · $544M to $1.0B
    Nov 9, 2020 to Jan 29, 2021
  • Non-discretionary RAUM · $786M to $823M
    Nov 9, 2020 to Jan 29, 2021
  • Pension RAUM · $187M to $184M
    Nov 9, 2020 to Jan 29, 2021
  • RAUM · $7.7B to $10B
    Nov 9, 2020 to Jan 29, 2021
  • Wrap assets (manager) · $10.6M to $9.4M
    Nov 9, 2020 to Jan 29, 2021
  • Business name · EATON VANCE INVESTMENT COUNSEL to EATON VANCE WATEROAK ADVISORS
    Nov 4, 2020 to Nov 9, 2020
  • Legal name · EATON VANCE INVESTMENT COUNSEL to EATON VANCE WATEROAK ADVISORS
    Nov 2, 2020 to Nov 4, 2020
  • Other offices · 2 to 3
    Jun 30, 2020 to Nov 2, 2020
  • Accounts · 2,656 to 2,907
    May 28, 2019 to Jan 29, 2020
Signals
54 dated events
  • James A Gilloran left Eaton Vance Wateroak Advisors for Corient (registered 2022-10-12)
    Oct 11, 2022 · Advisor changed firm · fact
  • David C. Mccabe left Eaton Vance Wateroak Advisors for Corient (registered 2023-12-14)
    Oct 11, 2022 · Advisor changed firm · fact
  • George W Saltonstall left Eaton Vance Wateroak Advisors for Corient (registered 2022-12-13)
    Oct 11, 2022 · Advisor changed firm · fact
  • Jennifer A Eustance left Eaton Vance Wateroak Advisors for Corient (registered 2022-10-12)
    Oct 11, 2022 · Advisor changed firm · fact
  • Robert H. Bortnick left Eaton Vance Wateroak Advisors for Corient (registered 2022-10-04)
    Oct 5, 2022 · Advisor changed firm · fact
  • Eaton Vance Wateroak Advisors's advisors moved to Corient (Boston, MA): 5 of 5 registered, within 6 days
    Oct 5, 2022 · Firm absorbed (people side) · derived
  • Vivien Johnson left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-06-15)
    May 24, 2022 · Advisor changed firm · fact
  • Scott J Macaione left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-06-15)
    May 24, 2022 · Advisor changed firm · fact
  • Jeffrey L Scanga left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-06-14)
    May 24, 2022 · Advisor changed firm · fact
  • Bradley R Lacore left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-06-20)
    May 24, 2022 · Advisor changed firm · fact
  • Robert E Overall left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-07-19)
    May 24, 2022 · Advisor changed firm · fact
  • Gregory J Mendoza left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-07-01)
    May 24, 2022 · Advisor changed firm · fact
  • 4 advisors left Eaton Vance Wateroak Advisors (Boston, MA) for Pathstone on the same day
    May 24, 2022 · Team lift-out · derived
  • Ron W Henson left Eaton Vance Wateroak Advisors for Pathstone (registered 2022-06-20)
    May 17, 2022 · Advisor changed firm · fact
  • 3 advisors left Eaton Vance Wateroak Advisors (Winter Park, FL) for Pathstone within 7 days
    May 17, 2022 · Team lift-out · derived
  • Eaton Vance Wateroak Advisors reported RAUM $14.6B, up 41% from $10.4B (2021-07-30 to 2022-03-31)
    Mar 31, 2022 · RAUM change · derived
  • E Deidre Walsh (Head Of Eaton Vance Legal) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-07-30, absent 2022-03-31)
    Mar 31, 2022 · Control person left · inference
  • Ann Maureen Gemma (Head Of Eaton Vance Legal) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-05-17, absent 2021-07-30)
    Jul 30, 2021 · Control person left · inference
  • E Deidre Walsh (Head Of Eaton Vance Legal) appeared on Schedule A of Eaton Vance Wateroak Advisors
    Jul 30, 2021 · Control person joined · fact
  • Ann Maureen Gemma (Head Of Eaton Vance Legal) appeared on Schedule A of Eaton Vance Wateroak Advisors
    May 17, 2021 · Control person joined · fact
  • Stewart Frederick Marius (Head Of Eaton Vance Legal) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-03-30, absent 2021-05-17)
    May 17, 2021 · Control person left · inference
  • Lawrence John Shea (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Greenwald Laurie Hylton (Cfo, Vice President) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • J. Cynthia Clemson (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Joseph Matthew Witkos (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Dean Brian Langstraat (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Carl Daniel Cataldo (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Hamilton James Evans (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Bass Charles Reed (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
  • Kelly Ray Williams (Trustee) no longer on Schedule A of Eaton Vance Wateroak Advisors (listed 2021-01-29, absent 2021-03-30)
    Mar 30, 2021 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
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
Former SEC-registered adviserderiveda 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