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

Clearwater Capital Partners

Independent wealth managerHoffman Estates, IllinoisCRD 139886SEC 801-70905websiteIAPD
Legal name Clearwater Capital Advisors, LLC
Latest filing May 11, 2026
First filing on the tape Mar 28, 2012 · 48 filings
SEC status approved since Jan 4, 2010
RAUM
$1.7B
reported, Item 5.F
Discretionary
85%
of RAUM
Private clients
77%
$1.3B individuals and HNW
Advisors
15
registered through the firm on IAPD
RAUM per advisor
$112M
derived; firm RAUM over IAPD count
Employees
23
15 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$1.7B as of May 11, 2026
Mar 28, 2012$101M then
HNW client RAUM$1.1B as of May 11, 2026
Mar 26, 2018$319M then
State-registered IARs (5.B.3)14 as of May 11, 2026
Mar 28, 20120 then
Employees (5.A)23 as of May 11, 2026
Mar 22, 201313 then
Private funds: no history
RAUM +13% over the last fiscal year+17% a year over threeIARs 14 to 14
Practice profile
derived from the filing of May 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Planning-led practice · financial planning activity (5.G.1), at least 100 financial planning clients (5.H), and hourly, fixed or subscription compensation (5.E)
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
  • Wrap program sponsor · sponsors a wrap fee program (5.I) with at least $100M of wrap assets
RAUM per advisor
$112MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
59derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$601,970derivedRAUM over accounts (5.F.2.f)
Discretionary
85%derivedof RAUM
Institutional
20%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
15.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.9%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars, otherreportedItem 5.G
Financial planning clients
1,000reportedItem 5.H
Wrap fee program
$2.8BreportedItem 5.I
Custody
$583M, 407 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)
  • an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$1.1B65%
  • Pension and profit-sharing plans$287M17%
  • Individuals$193M11%
  • Corporations and businesses$57.7M3.4%
  • Charitable organizations$50.0M3.0%
Individual clients
579reported
HNW clients
310reported
Pension plan clients
96reported
Charitable clients
27reported
Accounts
2,793reported
Financial planning clients
1,000reported
Wrap fee programs
$1.4B sponsored, $1.4B managedreported
Custody of client assets
$583M for 407 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.77 fund_share=0.0 institutional_share=0.2 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
15 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John Edward ChapmanHoffman Estates, IlJun 1, 200642 y3
Alan Rodney KrauseHoffman Estates, IlMar 27, 200837 y0
John William SleetingHoffman Estates, IlMar 10, 200917 y0
Jeffrey Paul DehaanCertified Financial PlannerHoffman Estates, IlJan 11, 201016 y0
Tyler James BeachlerChartered Financial AnalystHoffman Estates, IlAug 17, 201214 y0
James Foster ChapmanHoffman Estates, IlJun 26, 201412 y0
Kevin G CaraniHoffman Estates, IlJan 16, 201511 y0
Gregory W DavisCertified Financial PlannerHoffman Estates, IlAug 31, 201511 y0
Hunter J SimsHoffman Estates, IlMar 12, 202111 y0
Melissa Jean DaileyHoffman Estates, IlOct 9, 202126 y1
Jacob Matthew ClarkHoffman Estates, IlNov 16, 202310 y0
Valerie Neff HoganHoffman Estates, IlMar 27, 202416 y0
Carter KingHoffman Estates, IlSep 25, 202513 y0
Kevin Joseph RochfordHoffman Estates, IlJan 16, 202625 y1
Randolph T YuHoffman Estates, IlAug 31, 202611 y0
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount2 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Edward John Chapman · Chief Executive Officercontrol
      since 03/2006 · owns less than 5%
    • Paul Jeffrey Dehaan · Chief Compliance Officercontrol
      since 03/2013 · owns less than 5%
    • Rodney Alan Krause · Chief Financial Officercontrol
      since 03/2006 · owns less than 5%
    • William John Sleeting · Chief Operating Officercontrol
      since 07/2018 · owns 5% to 10%
    • Edward John Chapman · Managing Membercontrol
      since 05/2017 · owns 25% to 50% of Clearwater Capital Partners, LLC
    • Paul Jeffrey Dehaan · Membercontrol
      since 05/2021 · owns F of Clearwater Capital Partners, LLC
    • Rodney Alan Krause · Membercontrol
      since 05/2017 · owns F of Clearwater Capital Partners, LLC
    • William John Sleeting · Membercontrol
      since 05/2021 · owns F of Clearwater Capital Partners, LLC
    • J Heather Larson · Elected Manager
      since 01/2023 · owns F of Clearwater Capital Partners, LLC
    Entity owners
    • Clearwater Capital Partners, LLC · Holding Company
      direct · owns 75% or more
    Related persons
    Schedule D 7.A
    • Clearwater Capital Accounting Services, LLC
      insurancen
    • Clearwater Capital Consulting, LLC
      insurancen
    • Clearwater Capital Insurance Services, LLC
      real estaten
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Hoffman Estates, Il · principal1530
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    ADV anomalies
    1 against comparable advisers; where to look, not conclusions
    • control person changedChange between filings · filing May 11, 2026
      KRAUSE, ALAN, RODNEY (CHIEF FINANCIAL OFFICER) left Schedule A between the filings of 2024-03-27 and 2026-05-11
      peers: independent wealth managers, $1B to $5B (1,360)
    What changed
    consecutive filings, newest first
    • Accounts · 2,653 to 2,793
      Dec 3, 2025 to Mar 30, 2026
    • Advisory employees · 14 to 15
      Dec 3, 2025 to Mar 30, 2026
    • Charity clients · 23 to 27
      Dec 3, 2025 to Mar 30, 2026
    • Corporate clients · 23 to 29
      Dec 3, 2025 to Mar 30, 2026
    • HNW clients · 267 to 310
      Dec 3, 2025 to Mar 30, 2026
    • Individual clients · 589 to 579
      Dec 3, 2025 to Mar 30, 2026
    • Pension plan clients · 105 to 96
      Dec 3, 2025 to Mar 30, 2026
    • Assets in custody · $458M to $583M
      Dec 3, 2025 to Mar 30, 2026
    • Employees · 22 to 23
      Dec 3, 2025 to Mar 30, 2026
    • Discretionary RAUM · $1.2B to $1.4B
      Dec 3, 2025 to Mar 30, 2026
    • HNW RAUM · $911M to $1.1B
      Dec 3, 2025 to Mar 30, 2026
    • Individual RAUM · $198M to $193M
      Dec 3, 2025 to Mar 30, 2026
    • Non-discretionary RAUM · $265M to $260M
      Dec 3, 2025 to Mar 30, 2026
    • Pension RAUM · $290M to $287M
      Dec 3, 2025 to Mar 30, 2026
    • RAUM · $1.5B to $1.7B
      Dec 3, 2025 to Mar 30, 2026
    • Wrap assets (manager) · $1.2B to $1.4B
      Dec 3, 2025 to Mar 30, 2026
    • Wrap assets (sponsor) · $1.2B to $1.4B
      Dec 3, 2025 to Mar 30, 2026
    • Accounts · 2,482 to 2,653
      Nov 27, 2024 to Mar 28, 2025
    • Advisory employees · 12 to 14
      Nov 27, 2024 to Mar 28, 2025
    • Charity clients · 17 to 23
      Nov 27, 2024 to Mar 28, 2025
    • Corporate clients · 29 to 23
      Nov 27, 2024 to Mar 28, 2025
    • HNW clients · 218 to 267
      Nov 27, 2024 to Mar 28, 2025
    • Individual clients · 603 to 589
      Nov 27, 2024 to Mar 28, 2025
    • Pension plan clients · 75 to 105
      Nov 27, 2024 to Mar 28, 2025
    • Assets in custody · $335M to $458M
      Nov 27, 2024 to Mar 28, 2025
    • Employees · 18 to 22
      Nov 27, 2024 to Mar 28, 2025
    • Financial planning clients · More than 500 to More than 500
      Nov 27, 2024 to Mar 28, 2025
    • State-registered IARs · 13 to 14
      Nov 27, 2024 to Mar 28, 2025
    • Discretionary RAUM · $1.0B to $1.2B
      Nov 27, 2024 to Mar 28, 2025
    • HNW RAUM · $726M to $911M
      Nov 27, 2024 to Mar 28, 2025
    • Individual RAUM · $205M to $198M
      Nov 27, 2024 to Mar 28, 2025
    • Non-discretionary RAUM · $204M to $265M
      Nov 27, 2024 to Mar 28, 2025
    • Pension RAUM · $228M to $290M
      Nov 27, 2024 to Mar 28, 2025
    • RAUM · $1.2B to $1.5B
      Nov 27, 2024 to Mar 28, 2025
    • Wrap assets (manager) · $1.0B to $1.2B
      Nov 27, 2024 to Mar 28, 2025
    • Wrap assets (sponsor) · $1.0B to $1.2B
      Nov 27, 2024 to Mar 28, 2025
    • Accounts · 2,348 to 2,482
      Jan 5, 2024 to Mar 27, 2024
    • Charity clients · 15 to 17
      Jan 5, 2024 to Mar 27, 2024
    • Corporate clients · 25 to 29
      Jan 5, 2024 to Mar 27, 2024
    • HNW clients · 228 to 218
      Jan 5, 2024 to Mar 27, 2024
    Signals
    5 dated events
    • Joshua Marc Beachler left Clearwater Capital Partners for Goldstone Financial Group, Llc (registered 2025-10-02)
      Jun 27, 2025 · Advisor changed firm · fact
    • Kathleen Marie Oconnor left Clearwater Capital Partners for Rmr Wealth Builders, Inc. (registered 2025-06-11)
      Jun 10, 2025 · Advisor changed firm · fact
    • George Leonard Borhart (Director) no longer on Schedule A of Clearwater Capital Partners (listed 2022-11-01, absent 2023-03-30)
      Mar 30, 2023 · Control person left · inference
    • William John Sleeting (Chief Operating Officer) appeared on Schedule A of Clearwater Capital Partners
      Mar 29, 2019 · Control person joined · fact
    • Clearwater Capital Partners reported RAUM $605.3M, up 25% from $482.4M (2017-11-17 to 2018-03-26)
      Mar 26, 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
    Firm profile
    LINKEDIN.COM/COMPANY/CCPWEALTHreportedpublic record, Form ADV, Sep 17, 2026
    Website
    lifeintegrated.blogreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    847-841-8650reportedpublic record, Form ADV, May 11, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $112Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026