{"url":"https://nivawealth.com/firms/bridgewater-asset-management-169832","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/169832","regulatoryAum":350522704,"crd":"169832","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7926318","suffix":null,"lastName":"Balice","firstName":"Andrew","middleName":"Robert"},{"crd":"2466576","suffix":null,"lastName":"BALICE","firstName":"ROBERT","middleName":"FRANCIS"},{"crd":"2195324","suffix":null,"lastName":"GRIFFARD","firstName":"JOSEPH","middleName":"PATRICK"},{"crd":"2384765","suffix":null,"lastName":"ROSS","firstName":"THOMAS","middleName":"LAKE"},{"crd":"2438291","suffix":null,"lastName":"VIELWEBER","firstName":"MOLLY","middleName":"ANN"},{"crd":"3044407","suffix":null,"lastName":"WINKELMANN","firstName":"CHRISTOPHER","middleName":"LOUIS"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-01-29","regulatoryAum":227958000,"clients":390,"employees":7,"offices":2},{"filedOn":"2022-07-27","regulatoryAum":236343226,"clients":395,"employees":7,"offices":2},{"filedOn":"2023-03-08","regulatoryAum":242616745,"clients":421,"employees":7,"offices":2},{"filedOn":"2024-02-20","regulatoryAum":266711287,"clients":399,"employees":6,"offices":2},{"filedOn":"2025-03-11","regulatoryAum":298451193,"clients":403,"employees":6,"offices":2},{"filedOn":"2026-03-20","regulatoryAum":350522704,"clients":401,"employees":6,"offices":2}],"secFileNumber":"801-108560","legalName":"Bridgewater Asset Management LLC","displayName":"Bridgewater Asset Management","slug":"bridgewater-asset-management-169832","website":"https://bwam.net/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2014","organization":"Missouri limited liability company","fiscalYearEnd":"December","headquarters":{"street":"16150 Main Circle Drive, Suite 210","city":"Chesterfield","state":"MO","stateName":"Missouri","country":"United States","postalCode":"63017"},"tradeNames":[],"registration":{"secApproved":"9 November 2016","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":863148.2020202021,"staff":{"employees":6,"advisory":5,"brokerDealerReps":5,"insuranceAgents":5,"promoters":0},"aum":{"regulatory":350522704,"discretionary":350244496,"discretionaryAccounts":1088,"nonDiscretionary":278208,"nonDiscretionaryAccounts":4,"wrapProgram":990211956,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":231,"regulatoryAum":47980536},{"label":"High-net-worth individuals","clients":165,"regulatoryAum":293826152},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":2240697},{"label":"Charitable organizations","clients":5,"regulatoryAum":3796815},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":2678504}],"feePrograms":[{"role":"other","program":"Financial Planning and Consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022531","versionId":1022531,"submittedOn":"2026-03-20","documentName":"FORM ADV PART 2A - FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T09:55:28.632758+00:00","documents":[{"name":"FORM ADV PART 2A - FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022531","versionId":1022531,"submittedOn":"2026-03-20"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022530","versionId":1022530,"submittedOn":null}]},"custodians":[{"name":"LPL Financial LLC","shortName":"LPL Financial","location":"San Diego, CA","smaAssets":344572422},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":5950282}],"custodyNote":"Bridgewater Asset Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Robert Balice","title":"Managing Member and Chief Compliance Officer","crd":"2466576"},{"name":"Thomas Ross","title":"Managing Member","crd":"2384765"}],"ownership":[{"label":"Bridgewater Holdco, LLC","detail":"Member in the 75% or more ownership band and a control person, since July 2022."},{"label":"Bridgewater Legacy Partners, LLC","detail":"Indirect owner: a member of Bridgewater Holdco, LLC in the 75% or more band and a control person, since July 2022.","parent":"Bridgewater Holdco, LLC"},{"label":"Robert Balice","detail":"Indirect owner: a member of Bridgewater Legacy Partners, LLC in the 50% to 75% band and a control person, since July 2022.","parent":"Bridgewater Legacy Partners, LLC"},{"label":"Thomas Ross","detail":"Indirect owner: a member of Bridgewater Legacy Partners, LLC in the 50% to 75% band and a control person, since July 2022.","parent":"Bridgewater Legacy Partners, LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Missouri","offices":1,"addresses":[{"street":"16150 Main Circle Drive, Suite 210","city":"Chesterfield","headquarters":true}]}],"brochureServices":["business succession planning","education planning","estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"636-536-9936","stateRegisteredReps":5,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":30},{"label":"Securities issued by registered investment companies or business development companies","percent":69},{"label":"Cash and cash equivalents","percent":1}],"privateFunds":0},"sources":{"adv1FilingDate":"20 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/169832/PDF/169832.pdf","brochureDate":"20 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1022531","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Bridgewater Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Bridgewater Asset Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Bridgewater Asset Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Bridgewater Asset Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Bridgewater Asset Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Bridgewater Asset Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Bridgewater Asset Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Bridgewater Asset Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 20 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}