{"url":"https://nivawealth.com/firms/new-wave-loans-residential-326888","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/326888","regulatoryAum":787443325,"crd":"326888","history":[{"filedOn":"2025-06-18","regulatoryAum":680448820,"clients":1,"employees":13,"offices":1},{"filedOn":"2026-03-30","regulatoryAum":787443325,"clients":4,"employees":16,"offices":1}],"secFileNumber":"801-133717","legalName":"New Wave Loans Residential, LLC","displayName":"New Wave Loans Residential","slug":"new-wave-loans-residential-326888","website":"https://newwaveloans.com/","classification":{"segment":"private_funds","segmentLabel":"Private funds","type":"private_fund_manager","typeLabel":null,"feeDisclosure":"payment_only"},"founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"3323 Ne 163st, Suite PH-704","city":"North Miami Beach","state":"FL","stateName":"Florida","country":"United States","postalCode":"33160"},"tradeNames":[],"registration":{"secApproved":"20 June 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":16,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":787443325,"discretionary":787443325,"discretionaryAccounts":4,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":50,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":4,"regulatoryAum":787443325}],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"New Wave Loans Residential has custody of $787M in client assets for 4 clients.","otherCustodians":[],"leadership":[{"name":"Joel Eidelstein","title":"President & CCO","crd":"1532470"},{"name":"Mark Feldman","title":"Member","crd":"6035616"},{"name":"Alexandra Nussenbaum Blaha","title":"Owner","crd":"7737312"},{"name":"Ryan Powers","title":"Owner","crd":"7737314"}],"ownership":[{"label":"Joel Eidelstein","detail":"President & cco in the 25% to 50% ownership band and a control person, since April 2025."},{"label":"Mark Feldman","detail":"Member in the 25% to 50% ownership band and a control person, since April 2025."},{"label":"Alexandra Nussenbaum Blaha","detail":"Owner in the 10% to 25% ownership band, since August 2024."},{"label":"Ryan Powers","detail":"Owner in the 10% to 25% ownership band, since August 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"3323 Ne 163st, Suite PH-704","city":"North Miami Beach","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"305-512-1124","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Other"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":1},"sources":{"adv1FilingDate":"30 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/326888/PDF/326888.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-21","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does New Wave Loans Residential have?","answer":"New Wave Loans Residential has 4 clients and manages $787 million for them, as of March 2026. They include 4 pooled investment vehicles.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does New Wave Loans Residential offer?","answer":"New Wave Loans Residential provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does New Wave Loans Residential have?","answer":"New Wave Loans Residential has 0 investment adviser representatives registered with state securities authorities, out of 16 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns New Wave Loans Residential?","answer":"New Wave Loans Residential’s direct owners are Joel Eidelstein, Mark Feldman, Alexandra Nussenbaum Blaha and Ryan Powers, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 30 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does New Wave Loans Residential get paid?","answer":"New Wave Loans Residential is paid through other compensation. 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 New Wave Loans Residential?","answer":"New Wave Loans Residential’s main office is at 3323 Ne 163st, Suite PH-704, North Miami Beach, FL 33160. Its phone number is 305-512-1124. Its website is newwaveloans.com.","source":"Form ADV Part 1A, Item 1.F, filed 30 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."}