Bridgewater Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, and tax planning.
Bridgewater Asset Management reports 401 clients. They include 231 individual clients, 165 high-net-worth individuals and 5 charitable organizations. Of its assets, 99.9% ($350M across 1,088 accounts) are managed with discretion; $278K across 4 accounts are not. A wrap fee program the firm both sponsors and manages holds $990M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 58% | 14% |
| High-net-worth individuals | 41% | 84% |
| Pension and profit-sharing plans | Fewer than 5 | <1% |
| Charitable organizations | 1% | 1% |
| 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) | 231 | $48M | 13.7% | $208K |
| High-net-worth individuals | 165 | $294M | 83.8% | $1.78M |
| Pension and profit-sharing plans | Fewer than 5 | $2.24M | 0.6% | — |
| Charitable organizations | 5 | $3.8M | 1.1% | $759K |
| Corporations and other businesses | Fewer than 5 | $2.68M | 0.8% | — |
| Total | 401 | $351M | 100% | — |
- Clients
- 231
- Regulatory AUM
- $48M
- AUM share
- 13.7%
- Avg. per client
- $208K
- Clients
- 165
- Regulatory AUM
- $294M
- AUM share
- 83.8%
- Avg. per client
- $1.78M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.24M
- AUM share
- 0.6%
- Avg. per client
- —
- Clients
- 5
- Regulatory AUM
- $3.8M
- AUM share
- 1.1%
- Avg. per client
- $759K
- Clients
- Fewer than 5
- Regulatory AUM
- $2.68M
- AUM share
- 0.8%
- Avg. per client
- —
Total
- Clients
- 401
- Regulatory AUM
- $351M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Bridgewater Asset Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting is billed hourly at no more than $500 an hour, or as a fixed fee of no more than $10,000, both negotiable.
Bridgewater Holdco, LLC owns 75% or more of Bridgewater Asset Management and is in turn owned by Bridgewater Legacy Partners, LLC (75% or more). The leadership team of Bridgewater Asset Management includes Chief Compliance Officer Robert Balice. It has 6 employees, 5 of them in advisory roles.
Leadership
- Robert BaliceManaging Member and Chief Compliance Officer
- Thomas RossManaging Member
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Andrew Robert Balice
- Robert Francis Balice
- Joseph Patrick Griffard
- Thomas Lake Ross
- Molly Ann Vielweber
- Christopher Louis Winkelmann
Staff
- 6 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 broker-dealer reps
- 5 insurance agents
- Owns 75% or more of Bridgewater Asset Management LLC
Bridgewater Holdco, LLC
Control person · since July 2022
- Owns 75% or more of Bridgewater Holdco, LLC
Bridgewater Legacy Partners, LLC
Control person · since July 2022
- Owns 50% to 75% of Bridgewater Legacy Partners, LLC
Robert Balice
Control person · since July 2022
- Owns 50% to 75% of Bridgewater Legacy Partners, LLC
Thomas Ross
Control person · since July 2022
Bridgewater Asset Management’s regulatory assets grew 1.5× from $228M (January 2021) to $351M (March 2026); clients were 401 in both filings and employees fell from 7 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $351M | 401 | 6 | 2 |
| March 2025 | $298M | 403 | 6 | 2 |
| February 2024 | $267M | 399 | 6 | 2 |
| March 2023 | $243M | 421 | 7 | 2 |
| July 2022 | $236M | 395 | 7 | 2 |
| January 2021 | $228M | 390 | 7 | 2 |
Besides its headquarters, Bridgewater Asset Management has 1 office (1 private residence, listed without an address), with 1 listed address in Missouri.
Missouri · 1 listed address
- 16150 Main Circle Drive, Suite 210, ChesterfieldHQ
Contact and registration details
- Legal name
- Bridgewater Asset Management LLC
- Headquarters
- 16150 Main Circle Drive, Suite 210, Chesterfield, MO 63017
- Website
- bwam.net
- Phone
- 636-536-9936
- SEC file
- 801-108560
- Founded
- 2014
- Structure
- Missouri LLC
- Fiscal year end
- December
Bridgewater Asset Management uses LPL Financial ($345M, 98%) and Charles Schwab ($5.95M, 2%) as custodians for its separately managed accounts. Bridgewater Asset Management does not have custody of client assets.
- LPL FinancialLPL Financial LLC · San Diego, CA · $345M98%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $5.95M2%
At year end, Bridgewater Asset Management’s separately managed accounts were mostly in funds (69%) and stocks (30%).
What the accounts hold
- Stocks30%
- Funds69%
- Cash1%
How many clients does Bridgewater Asset Management have?
Bridgewater Asset Management has 401 clients and manages $351 million for them, as of March 2026. They include 231 individual clients, 165 high-net-worth individuals and 5 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026
What services does Bridgewater Asset Management offer?
Bridgewater Asset Management provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, business succession planning, education planning, estate planning, insurance, 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
Which custodians does Bridgewater Asset Management use?
Bridgewater Asset Management’s separately managed account assets are held at LPL Financial LLC (San Diego, CA), with $345M and Charles Schwab & Co., Inc. (Westlake, TX), with $5.95M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 20 March 2026
How many financial advisors does Bridgewater Asset Management have?
Bridgewater Asset Management has 5 investment adviser representatives registered with state securities authorities, out of 6 employees, and 5 perform investment advisory functions. 5 employees are registered representatives of a broker-dealer and 5 employees are 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 Bridgewater Asset Management invest in?
At the end of its last fiscal year, Bridgewater Asset Management’s separately managed accounts held 69% registered funds (mutual funds, ETFs, BDCs), 30% exchange-traded equities and 1% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Bridgewater Asset Management?
Bridgewater Asset Management is owned through a chain of holding companies by Robert Balice and Thomas Ross. Its direct owner is Bridgewater Holdco, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026
How does Bridgewater Asset Management get paid?
Bridgewater Asset 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 Bridgewater Asset Management?
Bridgewater Asset Management’s main office is at 16150 Main Circle Drive, Suite 210, Chesterfield, MO 63017. Its phone number is 636-536-9936. Its website is bwam.net.