Blue Water Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars. Financial planning was provided to 26–50 clients last fiscal year.
Blue Water Capital Management reports 106 clients. They include 58 high-net-worth individuals and 48 individual clients. Of its assets, 100.0% ($160M across 385 accounts) are managed with discretion. It advised 9 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 14% |
| High-net-worth individuals | 55% | 85% |
| Charitable organizations | 0% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 48 | $22.1M | 13.8% | $460K |
| High-net-worth individuals | 58 | $136M | 85.2% | $2.35M |
| Charitable organizations | Fewer than 5 | $1.54M | 1.0% | — |
| Total | 106 | $160M | 100% | — |
- Clients
- 48
- Regulatory AUM
- $22.1M
- AUM share
- 13.8%
- Avg. per client
- $460K
- Clients
- 58
- Regulatory AUM
- $136M
- AUM share
- 85.2%
- Avg. per client
- $2.35M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.54M
- AUM share
- 1.0%
- Avg. per client
- —
Total
- Clients
- 106
- Regulatory AUM
- $160M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 9
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 26–50
Blue Water Capital Management charges 0.20%–0.80% a year for its Portfolio Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears and has a $10,000 annual minimum. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 0.80% |
| $2M–$4M | 0.60% |
| $4M–$8M | 0.40% |
| $8M and above | 0.20% |
Fee details and sources
Other fees
- Financial planning, fixed fee
- The negotiated fixed fee for creating a client financial plan is between $2,500 and $3,500.
- Financial planning, hourly
- The negotiated hourly fee for financial planning services is $350.
Terrance Green owns 75% or more of Blue Water Capital Management. It has 2 employees.
Leadership
Terrance GreenManaging Director and CCO
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Blue Water Capital Management, LLC
Terrance Green
Control person · since June 2003
Blue Water Capital Management’s regulatory assets grew from $128M (June 2024) to $160M (February 2026); clients were 106 in both filings and employees fell from 3 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $160M | 106 | 2 | 1 |
| May 2025 | $141M | 112 | 3 | 1 |
| June 2024 | $128M | 109 | 3 | 1 |
Besides its headquarters, Blue Water Capital Management has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 315 S. Salem Street, #422, ApexHQ
Other business names
Blue Water Capital Management has reported 1 other business name to the SEC.
- Blue Water Capital Management, LLC
Contact and registration details
- Legal name
- Blue Water Capital Management, LLC
- Headquarters
- 315 S. Salem Street, #422, Apex, NC 27502
- Website
- bluewaterportfolios.com
- Phone
- 919-589-2528
- SEC file
- 801-130294
- Structure
- California LLC
- Fiscal year end
- December
Blue Water Capital Management uses Charles Schwab ($146M) as custodian for its separately managed accounts. Blue Water Capital Management has custody of $244K in client assets for 1 client.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $146M100%
At year end, Blue Water Capital Management’s separately managed accounts were mostly in stocks (72%) and funds (17%).
What the accounts hold
- Stocks72%
- Funds17%
- Registered funds15%
- Pooled vehicles2%
- Cash8%
- Other3%
- Fixed income and non-u.s. bonds3%
How many clients does Blue Water Capital Management have?
Blue Water Capital Management has 106 clients and manages $160 million for them, as of February 2026. They include 58 high-net-worth individuals and 48 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 February 2026
What services does Blue Water Capital Management offer?
Blue Water Capital Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Blue Water Capital Management charge?
Blue Water Capital Management charges 0.20%–0.80% a year for its Portfolio Management Fees. Each asset band is charged at its own rate. The fee is billed in arrears and has a $10,000 annual minimum.
Source: FORM ADV PART 2A - BLUE WATER CAPITAL MANAGEMENT, filed 27 February 2026
Which custodians does Blue Water Capital Management use?
Blue Water Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $146M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 February 2026
How many financial advisors does Blue Water Capital Management have?
Blue Water Capital Management has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Blue Water Capital Management invest in?
At the end of its last fiscal year, Blue Water Capital Management’s separately managed accounts held 72% exchange-traded equities, 15% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents, 3% other and 2% pooled vehicles (private funds and similar). The 3% other category is described as: Fixed Income and Non-U.S. Bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Blue Water Capital Management?
Blue Water Capital Management’s direct owner is Terrance Green (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 February 2026
How does Blue Water Capital Management get paid?
Blue Water Capital Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Blue Water Capital Management?
Blue Water Capital Management’s main office is at 315 S. Salem Street, #422, Apex, NC 27502. Its phone number is 919-589-2528. Its website is bluewaterportfolios.com.