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DEEPWATER ASSET MANAGEMENT, LLC

MINNEAPOLIS, MN · CRD 316507 · IAPD ↗ · 612-424-1393

$566.5MRegulatory AUM
5Advisory reps
9Employees
0Clients
n/aPlanning clients
10Private funds
4States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

38
September 2026 — DEEPWATER ASSET MANAGEMENT, LLC shrank from 8 to 5 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation
55
April 2026 — DEEPWATER ASSET MANAGEMENT, LLC crossed $500M in regulatory AUM ($457.7M -> $626.7M).
Regulatory AUM crossed $500M.
Portfolio / reporting / TAMPCRMIntegration & migration consulting
55
April 2026 — DEEPWATER ASSET MANAGEMENT, LLC grew from 6 to 8 advisory reps.
Advisory representative count grew materially (>=20% or >=5 reps).
CRMRecruiting & transitionsComplianceFinancial planning software
30
December 2025 — DEEPWATER ASSET MANAGEMENT, LLC notice-filed in DE.
Notice-filed in new state(s): the firm is taking clients somewhere new.
ComplianceMarketing & brand
38
April 2025 — DEEPWATER ASSET MANAGEMENT, LLC added office(s): 1 -> 2 additional locations.
Count of additional offices increased.
Office IT & facilitiesCRMRecruiting & transitions
50
April 2025 — DEEPWATER ASSET MANAGEMENT, LLC reported RAUM up 37% ($333.0M -> $457.7M).
Regulatory AUM up >=25% since last filing.
Portfolio / reporting / TAMPCRMFinancial planning software
30
October 2024 — DEEPWATER ASSET MANAGEMENT, LLC notice-filed in PA.
Notice-filed in new state(s): the firm is taking clients somewhere new.
ComplianceMarketing & brand
48
April 2024 — DEEPWATER ASSET MANAGEMENT, LLC reported RAUM up 26% ($265.0M -> $333.0M).
Regulatory AUM up >=25% since last filing.
Portfolio / reporting / TAMPCRMFinancial planning software
53
April 2024 — DEEPWATER ASSET MANAGEMENT, LLC now reports custody of client assets ($266.0M).
Firm now reports custody of client assets — surprise exams and controls follow.
ComplianceCustodian

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.