{"url":"https://nivawealth.com/firms/ottawa-avenue-private-capital-282516","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/282516","regulatoryAum":22946378989,"crd":"282516","secFileNumber":"801-107115","legalName":"Ottawa Avenue Private Capital, LLC","displayName":"Ottawa Avenue Private Capital","website":null,"linkedinUrl":"https://www.linkedin.com/company/oa-private-capital/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"200 Monroe Avenue NW, Suite 500","city":"Grand Rapids","state":"MI","stateName":"Michigan","country":"United States","postalCode":"49503"},"tradeNames":["Ridgelake Partners (oa)"],"registration":{"secApproved":"25 January 2016","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":91,"advisory":26,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":17103667013,"discretionaryAccounts":31,"nonDiscretionary":5842711976,"nonDiscretionaryAccounts":63,"wrapProgram":null,"nonUsClientsPct":6,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":60,"regulatoryAum":5937230944},{"label":"Pooled investment vehicles","clients":31,"regulatoryAum":16977523287},{"label":"Charitable organizations","clients":3,"regulatoryAum":31624758}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Ottawa Avenue Private Capital has custody of $12.69B for 28 clients.","otherCustodians":[],"leadership":[{"name":"Randall Damstra","title":"President, Chief Investment Officer and Chief Executive Officer","crd":"2807275"},{"name":"David Reynolds","title":"Chief Compliance Officer, Chief Financial Officer, Chief Operating Officer","crd":"5931805"}],"ownership":[{"label":"Wakestream Holdings, Inc.","detail":"Member in the 75% or more ownership band and a control person, since January 2020."},{"label":"JR. Devos","detail":"Indirect owner: a shareholder of Wakestream Holdings, Inc. in the 25% to 50% band and a control person, since January 2020.","parent":"Wakestream Holdings, Inc."},{"label":"Daniel Devos","detail":"Indirect owner: a shareholder of Wakestream Holdings, Inc. in the 25% to 50% band and a control person, since January 2020.","parent":"Wakestream Holdings, Inc."},{"label":"Douglas Devos","detail":"Indirect owner: a shareholder of Wakestream Holdings, Inc. in the 25% to 50% band and a control person, since January 2020.","parent":"Wakestream Holdings, Inc."},{"label":"Suzanne Devos","detail":"Indirect owner: a shareholder of Wakestream Holdings, Inc. in the 25% to 50% band and a control person, since January 2020.","parent":"Wakestream Holdings, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"Michigan","offices":1,"addresses":[{"street":"200 Monroe Avenue NW, Suite 500","city":"Grand Rapids","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"616-278-6000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":5},{"label":"Non-exchange-traded equity securities","percent":29},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":66}],"privateFunds":28},"sources":{"adv1FilingDate":"28 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/282516/PDF/282516.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Ottawa Avenue Private Capital have?","answer":"Ottawa Avenue Private Capital has 94 clients and manages $22.9 billion for them, as of August 2026. They include 60 high-net-worth individuals, 31 pooled investment vehicles and 3 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Ottawa Avenue Private Capital offer?","answer":"Ottawa Avenue Private Capital provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions and selecting other managers.","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 Ottawa Avenue Private Capital have?","answer":"Ottawa Avenue Private Capital has 0 investment adviser representatives registered with state securities authorities, out of 91 employees, and 26 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":"What does Ottawa Avenue Private Capital invest in?","answer":"At the end of its last fiscal year, Ottawa Avenue Private Capital’s separately managed accounts held 66% pooled vehicles (private funds and similar), 29% non-exchange-traded equities and 5% exchange-traded equities. It advises 28 private funds.","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 Ottawa Avenue Private Capital?","answer":"Ottawa Avenue Private Capital is owned through a holding company by JR. and Daniel and Douglas and Suzanne Devos. Its direct owner is Wakestream Holdings, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 28 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Ottawa Avenue Private Capital get paid?","answer":"Ottawa Avenue Private Capital is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions 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"}}],"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 Wealth 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."}