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
Blue Water Capital Management, LLC
Latest filing Nov 13, 2023
First filing on the tape Mar 26, 2012 · 23 filings
RAUM
$150M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
60%
$90.0M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
4
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$150M as of Mar 8, 2023
Mar 26, 2012$114M then
HNW client RAUM$28.0M as of Mar 8, 2023
Mar 29, 2018$17.6M then
State-registered IARs (5.B.3)3 as of Mar 8, 2023
Apr 1, 20130 then
Employees (5.A)4 as of Mar 8, 2023
Apr 1, 20137 then
Private funds: no history
RAUM -17% over the last fiscal year+9.7% a year over threeIARs 3 to 3offices 1 to 0
Practice profile
derived from the filing of Nov 13, 2023; every figure names its basis
- RAUM per advisor
- $50.1MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 106derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.4MderivedHNW RAUM over HNW clients
- Average account
- $233,954derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 38%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- -17%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +8.9%derived
- Compensation
- percentage of assets, hourlyreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminarsreportedItem 5.G
- 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Individuals$62.0M41%
- Pension and profit-sharing plans$55.8M37%
- High-net-worth individuals$28.0M19%
- Corporations and businesses$3.5M2.3%
- State and municipal entities$930,7360.6%
- Individual clients
- 299reported
- HNW clients
- 20reported
- Pension plan clients
- 12reported
- Charitable clients
- n/areported
- Accounts
- 642reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, hourlyreported
- 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
- John Andrew Paganelli to Perigon Wealth Management, LLCMar 29, 2024 · RIA to RIA
- Thomas William Brown to Perigon Wealth Management, LLCMar 29, 2024 · RIA to RIA
- Stephen Dean Swift to Perigon Wealth Management, LLCMar 29, 2024 · RIA to RIA
Joined, latest
- Thomas William Brown from Equitable Advisors, LLCMay 25, 2021 · Affiliated broker-dealer or bank to independent RIA
- Stephen Dean Swift from Portfolio Consulting Group IncFeb 3, 2009 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 left for Perigon Wealth Management, LLCMar 29, 2024 · Syracuse, Ny · Firm absorbed
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Thomas Brown · Partner-Wealth Management, Retirement Plan Servicescontrolsince 09/2016 · owns 10% to 25%
- Andrew John Paganelli · President, Chief Operating Officer, Chief Financial Officer, Secretarycontrolsince 06/2011 · owns 25% to 50%
- Dean Stephen Swift · Chief Compliance Officer, Chief Executive Officer, Chief Marketing Officercontrolsince 06/2011 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Syracuse, Ny · principal | 0 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 612 to 642Nov 17, 2022 to Mar 8, 2023
- Corporate clients · 3 to 2Nov 17, 2022 to Mar 8, 2023
- HNW clients · 21 to 20Nov 17, 2022 to Mar 8, 2023
- Individual clients · 272 to 299Nov 17, 2022 to Mar 8, 2023
- Pension plan clients · 11 to 12Nov 17, 2022 to Mar 8, 2023
- Discretionary RAUM · $182M to $150MNov 17, 2022 to Mar 8, 2023
- HNW RAUM · $43.5M to $28.0MNov 17, 2022 to Mar 8, 2023
- Individual RAUM · $64.5M to $62.0MNov 17, 2022 to Mar 8, 2023
- Pension RAUM · $68.2M to $55.8MNov 17, 2022 to Mar 8, 2023
- RAUM · $182M to $150MNov 17, 2022 to Mar 8, 2023
- Advisory employees · 4 to 3Feb 25, 2022 to Nov 15, 2022
- Other offices · 1 to 0Feb 25, 2022 to Nov 15, 2022
- Accounts · 577 to 612Aug 5, 2021 to Feb 25, 2022
- HNW clients · 20 to 21Aug 5, 2021 to Feb 25, 2022
- Individual clients · 263 to 272Aug 5, 2021 to Feb 25, 2022
- Pension plan clients · 12 to 11Aug 5, 2021 to Feb 25, 2022
- Discretionary RAUM · $158M to $182MAug 5, 2021 to Feb 25, 2022
- HNW RAUM · $41.3M to $43.5MAug 5, 2021 to Feb 25, 2022
- Individual RAUM · $58.0M to $64.5MAug 5, 2021 to Feb 25, 2022
- Pension RAUM · $53.0M to $68.2MAug 5, 2021 to Feb 25, 2022
- RAUM · $158M to $182MAug 5, 2021 to Feb 25, 2022
- Accounts · 533 to 577Mar 11, 2021 to Aug 5, 2021
- Corporate clients · 2 to 3Mar 11, 2021 to Aug 5, 2021
- HNW clients · 17 to 20Mar 11, 2021 to Aug 5, 2021
- Individual clients · 241 to 263Mar 11, 2021 to Aug 5, 2021
- Pension plan clients · 11 to 12Mar 11, 2021 to Aug 5, 2021
- Discretionary RAUM · $133M to $158MMar 11, 2021 to Aug 5, 2021
- HNW RAUM · $33.5M to $41.3MMar 11, 2021 to Aug 5, 2021
- Individual RAUM · $51.1M to $58.0MMar 11, 2021 to Aug 5, 2021
- Pension RAUM · $46.6M to $53.0MMar 11, 2021 to Aug 5, 2021
- RAUM · $133M to $158MMar 11, 2021 to Aug 5, 2021
- Accounts · 504 to 533Jun 11, 2020 to Mar 11, 2021
- Corporate clients · 1 to 2Jun 11, 2020 to Mar 11, 2021
- HNW clients · 24 to 17Jun 11, 2020 to Mar 11, 2021
- Individual clients · 221 to 241Jun 11, 2020 to Mar 11, 2021
- Financial planning clients · 51-100 to 1-10Jun 11, 2020 to Mar 11, 2021
- Discretionary RAUM · $114M to $133MJun 11, 2020 to Mar 11, 2021
- HNW RAUM · $34.5M to $33.5MJun 11, 2020 to Mar 11, 2021
- Individual RAUM · $40.1M to $51.1MJun 11, 2020 to Mar 11, 2021
- Pension RAUM · $37.5M to $46.6MJun 11, 2020 to Mar 11, 2021
Signals
5 dated events
- John Andrew Paganelli left Blue Water Capital Management, Llc for Perigon Wealth Management, Llc (registered 2024-01-03)Mar 29, 2024 · Advisor changed firm · fact
- Thomas William Brown left Blue Water Capital Management, Llc for Perigon Wealth Management, Llc (registered 2024-01-03)Mar 29, 2024 · Advisor changed firm · fact
- Stephen Dean Swift left Blue Water Capital Management, Llc for Perigon Wealth Management, Llc (registered 2024-01-03)Mar 29, 2024 · Advisor changed firm · fact
- Blue Water Capital Management, LLC's advisors moved to Perigon Wealth Management, LLC (Syracuse, NY): 3 of 3 registered, on the same dayMar 29, 2024 · Firm absorbed (people side) · derived
- Bruce Robert Bachman (Owner) no longer on Schedule A of Blue Water Capital Management, Llc (listed 2018-12-20, absent 2019-03-26)Mar 26, 2019 · 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