Breakwater Capital Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Breakwater Capital Group reports 370 clients. They include 239 high-net-worth individuals and 131 individual clients. Of its assets, 100.0% ($1.02B across 1,336 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 12 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 35% | 5% |
| High-net-worth individuals | 65% | 95% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 131 | $51.1M | 5.0% | $390K |
| High-net-worth individuals | 239 | $968M | 95.0% | $4.05M |
| Corporations and other businesses | Fewer than 5 | $13.2K | 0.0% | — |
| Total | 370 | $1.02B | 100% | — |
- Clients
- 131
- Regulatory AUM
- $51.1M
- AUM share
- 5.0%
- Avg. per client
- $390K
- Clients
- 239
- Regulatory AUM
- $968M
- AUM share
- 95.0%
- Avg. per client
- $4.05M
- Clients
- Fewer than 5
- Regulatory AUM
- $13.2K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 370
- Regulatory AUM
- $1.02B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 12
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Breakwater Capital Group charges 0.50%–1.50% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and has a $5,000 annual minimum. The brochure also prices 4 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 1.50% |
| $500K–$1M | 1.25% |
| $1M–$3M | 1.00% |
| $3M–$5M | 0.75% |
| $5M–$10M | 0.60% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Consulting Services
- Hourly, not to exceed $500 per hour, due in arrears on completion of the engagement.
- Financial Planning
- Fixed fee typically $5,000 to $20,000, or hourly not to exceed $500 per hour; due in arrears on presentation of the plan.
- Retirement Plan Advisory Services
- Asset-based fee on overall plan assets, or consulting at an hourly rate not to exceed $500, with a minimum consulting fee of $5,000.
- Trustee Services
- 0.15% to 0.25% in addition to the wealth management fee, or 0.50% when not serving as investment advisor.
Brewmont Capital Inc owns 75% or more of Breakwater Capital Group and is in turn owned by Jeffrey Hanson (75% or more). The leadership team of Breakwater Capital Group includes President Jeffrey Hanson and Chief Compliance Officer Thomas Mullen. It has 4 employees.
Leadership
- Jeffrey HansonPresident and Chief Investment Officer
- Thomas MullenChief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Madeline Rose Barconi
- James M. Fonzi
- Jeffrey Craig Hanson
- Samuel Lawrence Markowitz
- Thomas Jeremiah Mullen
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 1 soliciting firm
- Owns 75% or more of Breakwater Capital Group
Brewmont Capital Inc
Control person · since June 2023
- Owns 75% or more of Brewmont Capital Inc
Jeffrey Hanson
Control person · since June 2023
Breakwater Capital Group’s regulatory assets grew Infinity× from $0 (June 2022) to $1.02B (July 2026); employees rose from 1 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| July 2026 | $1.02B | 370 | 4 | 7 |
| April 2025 | $843M | 314 | 3 | 5 |
| March 2024 | $580M | 214 | 3 | 5 |
| July 2023 | $335M | 122 | 2 | 5 |
| June 2022 | $0 | 0 | 1 | 1 |
Besides its headquarters, Breakwater Capital Group has 6 offices (4 private residences, listed without an address), with 3 listed addresses in Colorado, Massachusetts and New Jersey.
Colorado · 1 listed address
- 3832 Tennyson Street, Denver
Massachusetts · 1 listed address
- 3 Allied Drive, Dedham
New Jersey · 1 listed address
- 140 E. Ridgewood Avenue, Suite 415, ParamusHQ
Other business names
Breakwater Capital Group has reported 1 other business name to the SEC.
- Breakwater Capital Partners
Contact and registration details
- Legal name
- Breakwater Capital Group
- Headquarters
- 140 E. Ridgewood Avenue, Suite 415, Paramus, NJ 07652
- Website
- breakwatercapitalgroup.com
- Phone
- 551-342-3733
- @breakwater-capital-group
- SEC file
- 801-125704
- Founded
- 2022
- Structure
- Delaware LLC
- Fiscal year end
- December
Breakwater Capital Group uses Charles Schwab ($1.02B) as custodian for its separately managed accounts. Breakwater Capital Group has custody of $105K in client assets for 1 client.
- Charles SchwabCharles Schwab · San Francisco, CA · $1.02B100%
At year end, Breakwater Capital Group’s separately managed accounts were mostly in funds (73%) and stocks (21%). Its reported 13F holdings for the quarter ended 30 June 2026 total $833M across 377 positions; the largest are J P Morgan Exchange Traded F (3.9%), Vanguard World FD (3.1%) and Invesco Exchange Traded FD T (2.9%).
What the accounts hold
- Stocks21%
- Exchange-traded equities20%
- Non-exchange-traded equities1%
- Funds73%
- Registered funds72%
- Pooled vehicles1%
- Bonds5%
- U.S. government and agency bonds2%
- Investment grade corporate bonds2%
- State and local bonds1%
- Cash1%
- Other3%
- Annuities2%
- Derivatives1%
Reported 13F holdings
- $833M
- Reported 13F value
- 377
- Positions
- 26.3%
- In the 10 largest
- +11.6%
- Value vs. prior quarter
- J P Morgan Exchange Traded F · US Qualty Fctr3.9%
- Vanguard World FD · Mega Cap Val ETF3.1%
- Invesco Exchange Traded FD T · Rafi US 1000 ETF2.9%
- Apple Inc.2.9%
- iShares TR · Rus 1000 Grw ETF2.8%
- Invesco Exchange Traded FD T · S&P500 Eql Wgt2.5%
- iShares TR · Core S&P500 ETF2.3%
- Blackrock ETF Trust II · Isha Flex IN ETF2.1%
- Vanguard Index Fds · Value ETF2.0%
- iShares TR · MSCI Intl Qualty1.8%
Together, the ten largest are 26.3% of reported value.
How many clients does Breakwater Capital Group have?
Breakwater Capital Group has 370 clients and manages $1.02 billion for them, as of July 2026. They include 239 high-net-worth individuals and 131 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 July 2026
What services does Breakwater Capital Group offer?
Breakwater Capital Group provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, educational seminars, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Breakwater Capital Group charge?
Breakwater Capital Group charges 0.50%–1.50% a year for its Wealth Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and has a $5,000 annual minimum.
Source: 10 12 2026 BCG FORM ADV PART 2A AND 2B FINAL, filed 12 October 2026
Which custodians does Breakwater Capital Group use?
Breakwater Capital Group’s separately managed account assets are held at Charles Schwab (San Francisco, CA), with $1.02B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 July 2026
How many financial advisors does Breakwater Capital Group have?
Breakwater Capital Group has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 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 Group invest in?
At the end of its last fiscal year, Breakwater Capital Group’s separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 2% U.S. government and agency bonds, 2% investment grade corporate bonds, 2% other, 1% non-exchange-traded equities, 1% state and local bonds, 1% derivatives, 1% pooled vehicles (private funds and similar) and 1% cash and equivalents. The 2% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Breakwater Capital Group?
Breakwater Capital Group is owned through a holding company by Jeffrey Hanson. Its direct owner is Brewmont Capital Inc (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 July 2026
How does Breakwater Capital Group get paid?
Breakwater Capital Group 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
Is Breakwater Capital Group registered with the SEC?
Yes, Breakwater Capital Group has been registered with the SEC as an investment adviser since 19 May 2022. Its CRD number is 321097 and its SEC file number is 801-125704.
Source: Form ADV Part 1A, Item 1, filed 24 July 2026; IAPD firm record
How do I contact Breakwater Capital Group?
Breakwater Capital Group’s main office is at 140 E. Ridgewood Avenue, Suite 415, Paramus, NJ 07652. Its phone number is 551-342-3733. Its website is breakwatercapitalgroup.com.