{"url":"https://nivawealth.com/firms/webster-equity-partners-156729","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/156729","regulatoryAum":10313544856,"crd":"156729","secFileNumber":"801-74188","legalName":"Webster Equity Partners, L.P.","displayName":"Webster Equity Partners","website":"https://websterequitypartners.com","linkedinUrl":"https://www.linkedin.com/company/webster-equity-partners","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"950 Winter Street, North Entrance, 4th Floor","city":"Waltham","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02451"},"tradeNames":[],"registration":{"secApproved":"29 March 2012","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":36,"advisory":22,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":10313544856,"discretionaryAccounts":25,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":25,"regulatoryAum":10313544856}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Webster Equity Partners has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Doug Williams","title":"Managing Partner & Chief Operating Officer","crd":"7358556"},{"name":"Harry Brown","title":"General Counsel & Chief Compliance Officer","crd":"8178988"},{"name":"Joseph Farina","title":"CFO - Funds","crd":"7818462"},{"name":"David Malm","title":"Managing Partner","crd":"2069304"},{"name":"Kenneth Ragland","title":"CFO - Management Company","crd":"8157325"}],"ownership":[{"label":"David Malm","detail":"Managing partner in the 75% or more ownership band and a control person, since February 2018. Also a managing member of Wasque Partners LLC in the 50% to 75% band and a control person, since March 2021. Also trustee of David P. Malm Trust Dated 3/4/2003, As Amended and a control person, since March 2003."},{"label":"Wasque Partners Spe L.P.","detail":"Member in the 25% to 50% ownership band and a control person, since April 2021."},{"label":"Wilma Strategic Spe LP","detail":"Member in the 10% to 25% ownership band, since January 2025."},{"label":"Wasque Partners GP LLC","detail":"Indirect owner: general partner of Wasque Partners Spe L.P. and a control person, since March 2021.","parent":"Wasque Partners Spe L.P."},{"label":"Wasque Partners LLC","detail":"Indirect owner: a managing member of Wasque Partners GP LLC in the 75% or more band and a control person, since March 2021.","parent":"Wasque Partners GP LLC"},{"label":"Doug Williams","detail":"Indirect owner: a managing member of Wasque Partners LLC in the 25% to 50% band and a control person, since March 2021. Also trustee of Douglas L Williams Declaration of Trust Dated January 8, 2015, As Amended and a control person, since January 2015.","parent":"Wasque Partners LLC"},{"label":"Douglas L Williams Declaration of Trust Dated January 8, 2015, As Amended","detail":"Indirect owner: a member of DLW Wep Investments, LLC in the 75% or more band and a control person, since November 2024.","parent":"DLW Wep Investments, LLC"},{"label":"Landmark Acquisition Fund 26 Mend, L.P.","detail":"Indirect owner: a limited partner of Wasque Partners Spe L.P. in the 75% or more band and a control person, since March 2021.","parent":"Wasque Partners Spe L.P."},{"label":"Landmark Equity Partners Xvi-GP, L.P.","detail":"Indirect owner: general partner of Landmark Acquisition Fund 26 Mend, L.P. and a control person, since March 2021.","parent":"Landmark Acquisition Fund 26 Mend, L.P."},{"label":"Landmark Equity Partners Xvi, L.P.","detail":"Indirect owner: a limited partner of Landmark Acquisition Fund 26 Mend, L.P. in the 75% or more band and a control person, since March 2021.","parent":"Landmark Acquisition Fund 26 Mend, L.P."},{"label":"Landmark Equity Advisors LLC","detail":"Indirect owner: general partner of Landmark Equity Partners Xvi-GP, L.P. and a control person, since April 1998.","parent":"Landmark Equity Partners Xvi-GP, L.P."},{"label":"Landmark Partners LLC","detail":"Indirect owner: a member of Landmark Equity Advisors LLC in the 75% or more band and a control person, since April 2011.","parent":"Landmark Equity Advisors LLC"},{"label":"Ares Management LLC","detail":"Indirect owner: a member of Landmark Partners LLC in the 75% or more band and a control person, since August 2021.","parent":"Landmark Partners LLC"},{"label":"Ares Management Holdings L.P.","detail":"Indirect owner: a member of Ares Management LLC in the 75% or more band and a control person, since December 2010.","parent":"Ares Management LLC"},{"label":"Ares Holdco LLC","detail":"Indirect owner: general partner of Ares Management Holdings L.P. and a control person, since July 2016.","parent":"Ares Management Holdings L.P."},{"label":"Ares Management Corporation","detail":"Indirect owner: a member of Ares Holdco LLC in the 75% or more band and a control person, since March 2021.","parent":"Ares Holdco LLC"},{"label":"Ares Holdings LP","detail":"Indirect owner: a limited partner of Ares Management Holdings L.P. in the 75% or more band and a control person, since December 2010.","parent":"Ares Management Holdings L.P."},{"label":"Ares Owners Holdings L.P.","detail":"Indirect owner: a limited partner of Ares Holdings LP in the 50% to 75% band and a control person, since May 2007.","parent":"Ares Holdings LP"},{"label":"Ares Partners Holdco LLC","detail":"Indirect owner: general partner of Ares Owners Holdings L.P. and a control person, since May 2014.","parent":"Ares Owners Holdings L.P."},{"label":"DLW Wep Investments, LLC","detail":"Indirect owner: a member of Wasque Partners LLC in the 25% to 50% band and a control person, since November 2024.","parent":"Wasque Partners LLC"},{"label":"Wilma Strategic Partners GP, LLC","detail":"Indirect owner: general partner of Wilma Strategic Spe LP and a control person, since January 2025.","parent":"Wilma Strategic Spe LP"},{"label":"Wilma Strategic Partners, LLC","detail":"Indirect owner: a managing member of Wilma Strategic Partners GP, LLC in the 50% to 75% band and a control person, since January 2025.","parent":"Wilma Strategic Partners GP, LLC"},{"label":"David P. Malm Trust Dated 3/4/2003, As Amended","detail":"Indirect owner: a member of Moonraker, LLC in the 75% or more band and a control person, since December 2025.","parent":"Moonraker, LLC"},{"label":"Moonraker, LLC","detail":"Indirect owner: a member of Wasque Partners LLC in the 50% to 75% band and a control person, since December 2025.","parent":"Wasque Partners LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Florida","offices":2,"addresses":[{"street":"305 Royal Palm Way","city":"Palm Beach"},{"street":"515 N Flagler Drive","city":"West Palm Beach"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"950 Winter Street, North Entrance, 4th Floor","city":"Waltham","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"781-419-1515","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":27},"sources":{"adv1FilingDate":"1 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/156729/PDF/156729.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Webster Equity Partners have?","answer":"Webster Equity Partners has 25 clients and manages $10.3 billion for them, as of May 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 1 May 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Webster Equity Partners offer?","answer":"Webster Equity Partners 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 Webster Equity Partners have?","answer":"Webster Equity Partners has 0 investment adviser representatives registered with state securities authorities, out of 36 employees, and 22 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 Webster Equity Partners?","answer":"Webster Equity Partners is owned through a chain of holding companies by Doug Williams, Douglas L Williams Declaration of Trust Dated January 8, 2015, As Amended, Landmark Equity Partners Xvi, L.P., Ares Management Corporation, Wilma Strategic Partners, LLC and David P. Malm Trust Dated 3/4/2003, As Amended. Its direct owners are David Malm (75% or more), Wasque Partners Spe L.P. (25% to 50%) and Wilma Strategic Spe LP (10% to 25%).","source":"Form ADV Part 1A, Schedules A and B, filed 1 May 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Webster Equity Partners get paid?","answer":"Webster Equity Partners 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."}