Watershed Private Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Watershed Private Wealth reports 144 clients. They include 78 high-net-worth individuals, 65 individual clients and 1 corporate or other business client. Of its assets, 100.0% ($414M across 555 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 8% |
| High-net-worth individuals | 54% | 92% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 65 | $34.2M | 8.3% | $526K |
| High-net-worth individuals | 78 | $379M | 91.7% | $4.86M |
| Corporations and other businesses | 1 | $121K | 0.0% | $121K |
| Total | 144 | $414M | 100% | $2.87M |
- Clients
- 65
- Regulatory AUM
- $34.2M
- AUM share
- 8.3%
- Avg. per client
- $526K
- Clients
- 78
- Regulatory AUM
- $379M
- AUM share
- 91.7%
- Avg. per client
- $4.86M
- Clients
- 1
- Regulatory AUM
- $121K
- AUM share
- 0.0%
- Avg. per client
- $121K
Total
- Clients
- 144
- Regulatory AUM
- $414M
- AUM share
- 100%
- Avg. per client
- $2.87M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Watershed Private Wealth charges 0.50%–1.20% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.20% |
| $1M–$2M | 1.00% |
| $2M–$5M | 0.85% |
| $5M–$10M | 0.75% |
| $10M and above | 0.50% |
Fee details and sources
Other fees
- Financial Planning Fees
- Financial planning fees range from $1,000 to $10,000, are negotiable and paid in advance, and are waived for portfolio management clients.
Brendan Moody owns 50% to 75% of Watershed Private Wealth. The leadership team of Watershed Private Wealth includes Chief Compliance Officer Brendan Moody. It has 3 employees.
Leadership
Brendan MoodyManaging Member & Chief Compliance Officer- Joshi KoneruWealth Advisor
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 50% to 75% of Watershed Private Wealth LLC
Brendan Moody
Control person · since August 2021
- Owns 25% to 50% of Watershed Private Wealth LLC
Joshi Koneru
Control person · since January 2025
Watershed Private Wealth’s regulatory assets grew 4.0× from $102M (July 2022) to $414M (August 2026); clients rose from 36 to 144 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $414M | 144 | 3 | 1 |
| July 2025 | $302M | 127 | 3 | 1 |
| April 2024 | $263M | 117 | 3 | 1 |
| May 2023 | $186M | 87 | 2 | 1 |
| July 2022 | $102M | 36 | 2 | 1 |
Besides its headquarters, Watershed Private Wealth has 0 offices, with 1 listed address in Illinois.
Illinois · 1 listed address
- 1415 West. 22nd Street, Suite 550, Oak BrookHQ
Contact and registration details
- Legal name
- Watershed Private Wealth LLC
- Headquarters
- 1415 West. 22nd Street, Suite 550, Oak Brook, IL 60523
- Website
- watershedprivatewealth.com
- Phone
- 630-478-0195
- @watershed-private-wealth
- SEC file
- 801-122309
- Founded
- 2021
- Structure
- Illinois LLC
- Fiscal year end
- December
Watershed Private Wealth uses Fidelity ($309M, 76%) and Charles Schwab ($97.8M, 24%) as custodians for its separately managed accounts. Watershed Private Wealth has custody of $63.3M in client assets for 34 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $309M76%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $97.8M24%
At year end, Watershed Private Wealth’s separately managed accounts were mostly in funds (72%) and stocks (25%). Its reported 13F holdings for the quarter ended 30 June 2026 total $355M across 120 positions; the largest are iShares TR (19.1%), Nvidia Corporation (5.7%) and iShares TR (5.7%).
What the accounts hold
- Stocks25%
- Funds72%
- Bonds1%
- Cash2%
Reported 13F holdings
- $355M
- Reported 13F value
- 120
- Positions
- 55.2%
- In the 10 largest
- +10.7%
- Value vs. prior quarter
- iShares TR · Core S&P500 ETF19.1%
- Nvidia Corporation5.7%
- iShares TR · Core US Aggbd ET5.7%
- Vanguard Index Fds · Growth ETF4.4%
- Blackrock ETF Trust · iShares US Equit4.3%
- Vanguard Index Fds · Value ETF3.5%
- Invesco Qqq TR · Unit Ser 13.3%
- iShares TR · Eafe Grwth ETF3.3%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF3.0%
- iShares TR · Eafe Value ETF2.8%
Together, the ten largest are 55.2% of reported value.
How many clients does Watershed Private Wealth have?
Watershed Private Wealth has 144 clients and manages $414 million for them, as of August 2026. They include 78 high-net-worth individuals, 65 individual clients and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026
What services does Watershed Private Wealth offer?
Watershed Private Wealth provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, education planning, estate planning, insurance, tax planning, and tax preparation.
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 Watershed Private Wealth charge?
Watershed Private Wealth charges 0.50%–1.20% a year for its Portfolio Management Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: ADV PART 2A- WATERSHED PRIVATE WEALTH LLC, filed 31 August 2026
Which custodians does Watershed Private Wealth use?
Watershed Private Wealth’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $309M and Charles Schwab & Co., Inc. (Westlake, TX), with $97.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 August 2026
How many financial advisors does Watershed Private Wealth have?
Watershed Private Wealth has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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 Watershed Private Wealth invest in?
At the end of its last fiscal year, Watershed Private Wealth’s separately managed accounts held 72% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities, 2% cash and equivalents and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Watershed Private Wealth?
Watershed Private Wealth’s direct owners are Brendan Moody (50% to 75%) and Joshi Koneru (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 August 2026
How does Watershed Private Wealth get paid?
Watershed Private Wealth is paid through a percentage of assets under management 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 Watershed Private Wealth?
Watershed Private Wealth’s main office is at 1415 West. 22nd Street, Suite 550, Oak Brook, IL 60523. Its phone number is 630-478-0195. Its website is watershedprivatewealth.com.