Breakwater Capital provides financial planning and portfolio management for individuals and small businesses.
Breakwater Capital reports 143 clients. They include 90 individual clients, 47 high-net-worth individuals and 6 charitable organizations. Of its assets, 100.0% ($157M across 466 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 18% |
| High-net-worth individuals | 33% | 76% |
| Charitable organizations | 4% | 6% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 90 | $28.7M | 18.3% | $319K |
| High-net-worth individuals | 47 | $119M | 75.8% | $2.53M |
| Charitable organizations | 6 | $9.18M | 5.9% | $1.53M |
| Total | 143 | $157M | 100% | $1.1M |
- Clients
- 90
- Regulatory AUM
- $28.7M
- AUM share
- 18.3%
- Avg. per client
- $319K
- Clients
- 47
- Regulatory AUM
- $119M
- AUM share
- 75.8%
- Avg. per client
- $2.53M
- Clients
- 6
- Regulatory AUM
- $9.18M
- AUM share
- 5.9%
- Avg. per client
- $1.53M
Total
- Clients
- 143
- Regulatory AUM
- $157M
- AUM share
- 100%
- Avg. per client
- $1.1M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Breakwater Capital charges 0.60%–1.00% a year for its Investment Management Fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning is included in the management fee where that fee exceeds $5,000 a year; otherwise it is billed hourly, generally $100 to $250, negotiable.
Ross Pollard owns 75% or more of Breakwater Capital. The leadership team of Breakwater Capital includes President Ross Pollard. It has 2 employees.
Leadership
Ross PollardPresident & 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 Breakwater Capital, LLC
Ross Pollard
Control person · since July 2014
Breakwater Capital’s regulatory assets grew from $126M (March 2021) to $157M (March 2026); clients rose from 100 to 143 and employees from 1 to 2.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $157M | 143 | 2 | 1 |
| March 2025 | $143M | 134 | 2 | 1 |
| March 2024 | $128M | 130 | 2 | 1 |
| April 2023 | $115M | 111 | 2 | 1 |
| March 2022 | $131M | 129 | 1 | 1 |
| March 2021 | $126M | 100 | 1 | 1 |
Besides its headquarters, Breakwater Capital has 0 offices, with 1 listed address in Michigan.
Michigan · 1 listed address
- 251 N Rose Street Suite 200, KalamazooHQ
Other business names
Breakwater Capital has reported 1 other business name to the SEC.
- Integrated Financial Planning
Contact and registration details
- Legal name
- Breakwater Capital, LLC
- Headquarters
- 251 N Rose Street Suite 200, Kalamazoo, MI 49007
- Website
- breakwater.capital
- Phone
- 269-903-2360
- SEC file
- 801-118620
- Structure
- Michigan LLC
- Fiscal year end
- December
Breakwater Capital uses Fidelity ($87.4M, 62%), Charles Schwab ($35.9M, 25%) and Tiaa-Cref Investment Management ($18.8M, 13%) as custodians for its separately managed accounts. Breakwater Capital does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $35.9M25%
- FidelityNational Financial Services LLC · Boston, MA · $87.4M62%
- Tiaa-Cref Investment ManagementTiaa-Cref Investment Management LLC · New York, NY · $18.8M13%
At year end, Breakwater Capital’s separately managed accounts were mostly in funds (84%).
What the accounts hold
- Stocks8%
- Exchange-traded equities7%
- Non-exchange-traded equities1%
- Funds84%
- Bonds2%
- U.S. government and agency bonds1%
- Investment grade corporate bonds1%
- Cash4%
- Other5%
- Bitcoin etp and managed futures etf4%
- Derivatives1%
How many clients does Breakwater Capital have?
Breakwater Capital has 143 clients and manages $157 million for them, as of March 2026. They include 90 individual clients, 47 high-net-worth individuals and 6 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Breakwater Capital offer?
Breakwater Capital provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Breakwater Capital charge?
Breakwater Capital charges 0.60%–1.00% a year for its Investment Management Fees. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
Which custodians does Breakwater Capital use?
Breakwater Capital’s separately managed account assets are held at National Financial Services LLC (Boston, MA), with $87.4M, Charles Schwab & Co., Inc. (Westlake, TX), with $35.9M and Tiaa-Cref Investment Management LLC (New York, NY), with $18.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Breakwater Capital have?
Breakwater Capital 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 Breakwater Capital invest in?
At the end of its last fiscal year, Breakwater Capital’s separately managed accounts held 84% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 4% cash and equivalents, 4% other, 1% non-exchange-traded equities, 1% U.S. government and agency bonds, 1% investment grade corporate bonds and 1% derivatives. The 4% other category is described as: Bitcoin Etp and Managed Futures ETF.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Breakwater Capital have a minimum investment?
Yes, Breakwater Capital’s minimum account size for its Investment Management Fees is $250K.
Who owns Breakwater Capital?
Breakwater Capital’s direct owner is Ross Pollard (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Breakwater Capital get paid?
Breakwater Capital is paid through a percentage of assets under management and hourly charges. 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 Breakwater Capital?
Breakwater Capital’s main office is at 251 N Rose Street Suite 200, Kalamazoo, MI 49007. Its phone number is 269-903-2360. Its website is breakwater.capital.