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

Blue Water Wealth

Independent wealth managerPortland, OregonCRD 164432SEC 801-112810websiteIAPD
Legal name Blue Water Wealth, Inc.
Latest filing Sep 3, 2026
First filing on the tape Jul 13, 2012 · 30 filings
SEC status approved since Apr 6, 2018
RAUM
$473M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$472M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$47.3M
derived; firm RAUM over IAPD count
Employees
15
12 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$473M as of Jul 1, 2026
Mar 27, 2019$155M then
HNW client RAUM$404M as of Jul 1, 2026
Mar 27, 2019$60.0M then
State-registered IARs (5.B.3)12 as of Jul 1, 2026
Mar 27, 20194 then
Employees (5.A)15 as of Jul 1, 2026
Mar 27, 20197 then
Private funds: no history
RAUM +23% over the last fiscal year+27% a year over threeIARs 11 to 12offices 1 to 2
Practice profile
derived from the filing of Sep 3, 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
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$47.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.9MderivedHNW RAUM over HNW clients
Average account
$392,042derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.5derivedItem 5.A over advisors
Advisors per office
3.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+23%derivedbetween the last two annual amendments
Advisor growth, one year
+9.1%derivedItem 5.B.3 between annual amendments
Client growth, one year
+6.1%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisersreportedItem 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$404M86%
  • Individuals$67.6M14%
  • Corporations and businesses$876,7350.2%
Individual clients
185reported
HNW clients
218reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,206reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Nancy Lynn CongdonCertified Financial PlannerReno, Nv Aug 7, 201233 y1
Merlin ArborPortland, OrJun 4, 201911 y0
Jadyn Custis Kerns-FunkPortland, OrSep 18, 202011 y0
Cherish Annhee SutullCertified Financial Planner, Chartered Financial AnalystSeattle, WaJun 16, 202128 y3
David Michael ReamPortland, Or Apr 23, 202227 y0
Martin Daniel LinkPortland, Or Jun 17, 202217 y0
Kristen Alana RajottePortland, OrSep 17, 202215 y0
Kristine Jean StawinskiPortland, OrJun 28, 202322 y5
Jordan Seth NeyPortland, Or Dec 17, 202412 y0
Jada Christine FouchPortland, OrOct 29, 202511 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 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
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lynn Nancy Congdon · President And Chief Compliance Officercontrol
    since 08/2012 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Portland, Or · principal910
Seattle, Wa300
Offices
Schedule D 1.F, the 25 largest
  • Seattle, WA5 employees
What changed
consecutive filings, newest first
  • Financial planning clients · 251-500 to 251-500
    Jul 1, 2026 to Sep 3, 2026
  • Related adviser · false to unset
    Jul 1, 2026 to Sep 3, 2026
  • Related bank · false to unset
    Jul 1, 2026 to Sep 3, 2026
  • Related broker-dealer · false to unset
    Jul 1, 2026 to Sep 3, 2026
  • Related insurance company · false to unset
    Jul 1, 2026 to Sep 3, 2026
  • Succession · false to unset
    Jul 1, 2026 to Sep 3, 2026
  • Other offices · 1 to 2
    Mar 2, 2026 to Jul 1, 2026
  • Accounts · 1,078 to 1,206
    Dec 8, 2025 to Mar 2, 2026
  • Advisory employees · 11 to 12
    Dec 8, 2025 to Mar 2, 2026
  • Charity clients · 1 to 0
    Dec 8, 2025 to Mar 2, 2026
  • HNW clients · 199 to 218
    Dec 8, 2025 to Mar 2, 2026
  • Individual clients · 181 to 185
    Dec 8, 2025 to Mar 2, 2026
  • Employees · 14 to 15
    Dec 8, 2025 to Mar 2, 2026
  • State-registered IARs · 11 to 12
    Dec 8, 2025 to Mar 2, 2026
  • Discretionary RAUM · $384M to $473M
    Dec 8, 2025 to Mar 2, 2026
  • HNW RAUM · $321M to $404M
    Dec 8, 2025 to Mar 2, 2026
  • Individual RAUM · $61.3M to $67.6M
    Dec 8, 2025 to Mar 2, 2026
  • RAUM · $384M to $473M
    Dec 8, 2025 to Mar 2, 2026
  • Accounts · 1,021 to 1,078
    Mar 27, 2024 to Feb 27, 2025
  • Advisory employees · 12 to 11
    Mar 27, 2024 to Feb 27, 2025
  • Charity clients · unset to 1.0
    Mar 27, 2024 to Feb 27, 2025
  • Corporate clients · unset to 1.0
    Mar 27, 2024 to Feb 27, 2025
  • HNW clients · 110 to 199
    Mar 27, 2024 to Feb 27, 2025
  • Individual clients · 250 to 181
    Mar 27, 2024 to Feb 27, 2025
  • Employees · 17 to 14
    Mar 27, 2024 to Feb 27, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 27, 2024 to Feb 27, 2025
  • Discretionary RAUM · $317M to $384M
    Mar 27, 2024 to Feb 27, 2025
  • HNW RAUM · $196M to $321M
    Mar 27, 2024 to Feb 27, 2025
  • Individual RAUM · $120M to $61.3M
    Mar 27, 2024 to Feb 27, 2025
  • RAUM · $317M to $384M
    Mar 27, 2024 to Feb 27, 2025
  • Accounts · 939 to 1,021
    Aug 2, 2023 to Mar 27, 2024
  • Advisory employees · 11 to 12
    Aug 2, 2023 to Mar 27, 2024
  • Charity clients · 1.0 to unset
    Aug 2, 2023 to Mar 27, 2024
  • Corporate clients · 1.0 to unset
    Aug 2, 2023 to Mar 27, 2024
  • HNW clients · 135 to 110
    Aug 2, 2023 to Mar 27, 2024
  • Individual clients · 202 to 250
    Aug 2, 2023 to Mar 27, 2024
  • Discretionary RAUM · $233M to $317M
    Aug 2, 2023 to Mar 27, 2024
  • HNW RAUM · $168M to $196M
    Aug 2, 2023 to Mar 27, 2024
  • Individual RAUM · $64.2M to $120M
    Aug 2, 2023 to Mar 27, 2024
  • RAUM · $233M to $317M
    Aug 2, 2023 to Mar 27, 2024
Signals
8 dated events
  • Ayden Justin Al-Shimary left Blue Water Wealth for Apella Wealth (registered 2025-01-14)
    Dec 31, 2024 · Advisor changed firm · fact
  • Pierson Bennett Zahn left Blue Water Wealth for Coldstream Wealth Management (registered 2024-12-04)
    Nov 26, 2024 · Advisor changed firm · fact
  • Melissa Louise Leonard left Blue Water Wealth for Cairn Financial Planning (registered 2024-01-02)
    May 9, 2023 · Advisor changed firm · fact
  • Leslie Brooks Rosenberg left Blue Water Wealth for Humanize Wealth (registered 2023-07-14)
    Jan 27, 2023 · Advisor changed firm · fact
  • Christopher Lee-Haas Sittner left Blue Water Wealth for Cs Wealth Management (registered 2022-09-21)
    Mar 10, 2022 · Advisor changed firm · fact
  • Hayley Pamela Haslett left Blue Water Wealth for Lake Road Advisors, Llc (registered 2022-03-30)
    Mar 8, 2022 · Advisor changed firm · fact
  • Alana Gabriella Richard (Chief Compliance Officer) no longer on Schedule A of Blue Water Wealth (listed 2019-06-03, absent 2019-06-21)
    Jun 21, 2019 · Control person left · inference
  • Blue Water Wealth filed its initial SEC registration (Form ADV)
    Jul 13, 2012 · First SEC registration · fact
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
Business phone
206-292-2103reportedpublished by the firm, firm site, Sep 17, 2026
Business phone
503-296-8700reportedpublished by the firm, firm site, Sep 17, 2026
Website
BLUEWATERWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
503-296-8700reportedpublic record, Form ADV, Sep 3, 2026
Contact form
bluewaterwealth.com/contactreportedpublished by the firm, firm site, Sep 17, 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
$47.3Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026