Boyd Watterson Asset Management, Llc
SEC-registered
Private Fund Manager · Large ($10B–$100B)
CRD 107808
· SEC file 801-57468
· Cleveland, OH
· WWW.BOYDWATTERSON.COM
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $18.8B
- Discretionary
- $18.0B
- Clients
- 1,102
- Avg AUM / client
- $17.1M
- Accounts
- 1,102
- Employees
- 140
AUM over time
$4.8B
$18.8B
Dec 2011
Dec 2025
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 462 | $263M | 1.4% |
| High net worth individuals | 208 | $287M | 1.53% |
| Investment companies | 4 | $667M | 3.54% |
| Pooled investment vehicles (non-investment companies) | 9 | $10.0B | 53.4% |
| Pension and profit sharing plans | 140 | $2.1B | 11.2% |
| Charitable organizations | 96 | $2.0B | 10.5% |
| State or municipal government entities | 40 | $1.6B | 8.48% |
| Insurance companies | 27 | $439M | 2.34% |
| Corporations and other businesses | 116 | $1.4B | 7.59% |
Nonprofit clients
Charities that reported this firm as a top-paid contractor (investment services) on Form 990.
| Charity | Location | Period |
|---|---|---|
| Heavy & Highway Construction Health & Welfare Fund EIN 231527636 | Philadelphia, PA | 04/30/2024 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Electricians Pension Plan, Ibew 995 Trustees Of The Electricians Pension Plan, Ibew 995 | 2024 | |
| Construction & General Laborers' Local 190 Pension Fund Construction & General Laborers' Local 190 Pension | 2024 | |
| Plumbers And Steamfitters Local No. 42 Pension Plan Board Of Trustees Of Plumbers And Steamfitters Local No. 42 Pension | 2024 | |
| Roofers Local 195 Annuity Fund Roofers Local 195 Annuity Fund | 2024 | |
| Ironworkers National Pension Plan Ironworkers National Pension Plan Board Of Trustees | 2024 | |
| Operating Eng. Local 474 Defined Contribution Operating Eng. Local 474 Defined Contribution | 2024 | |
| Laborers Local 1298 Of Nassau & Suffolk Counties Annuity Fund Board Of Trustees Local 1298 Annuity Fund | 2024 | |
| Laborers Local 1298 Of Nassau & Suffolk Counties Pension Fund Board Of Trustees Local 1298 Pension Fund | 2024 | |
| Allied Workers Local 48 Pension Plan Board Of Trustees Of Allied Workers Local 48 Pension Fund | 2024 | |
| Sheet Metal Workers Local Union No. 80 Pension Fund Trustees Of Sheet Metal Workers Local Union No. 80 Pension Fund | 2024 | |
| Plumbers' Pension Fund, Local 130, U.A. Trustees Of The Plumbers Pension Fund, Local 130, U.A. | 2024 | |
| Teamsters Negotiated Pension Plan Teamsters Negotiated Pension Plan | 2024 | |
| Ua Local 190 Pension Plan Joint Board Of Trustees Of The Ua Local 190 Pension Plan | 2024 | |
| Plasterers' Local 8 Pension Fund Trustees Of Plasterers' Local 8 Pension Fund | 2024 | |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 Sheet Metal Workers Pension Fund Of Local Union | 2024 | |
| Bricklayers' Pension Trust Fund Metropolitan Area Joint Board Of Trustees Bricklayer Pension Trust Fund | 2024 | |
| Carpenters' Pension Trust Fund Detroit And Vicinity Board Of Trustees Of Carpenters' Pension Trust Funddetroit&Vicinity | 2024 | |
| Iron Workers Local 17 Pension Fund Iron Workers Local 17 Pension Fund | Troy, MI | 2024 |
| Iron Workers' Local No. 25 Pension Fund Board Of Trustees, Iron Workers Local No. 25 | 2024 | |
| Michigan Regional Council Of Carpenters' Annuity Fund Joint Board Of Trustees Of Mi Reg Council Of Carpenters Annuity Fund | 2024 | |
| The Cleveland Glass & Glazing Industry Defined Contribution Plan Joint Board Of Trustees Of Glazier No. 181 & Employers | 2024 | |
| Pressmens Publishers Pension Fund Pressmens Publishers Pension Fund Board Of Trustees | 2024 | |
| Heavy And General Laborers' Local Unions 472 And 172 Of New Jersey Pension Fund Board Of Trustees H&Gl Local Unions 472 & 172 Of Nj Pension Fund | 2024 | |
| Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Baltimore Chapter Pension Fund Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Balt Chapter Pen | 2024 | |
| Plumbers Local Union No. 17 Pension Plan Joint Board Of Trustees Plumbers Local Union No. 17 Pension Plan | 2024 | |
| Ibew 648 Pension Plan Ibew 648 Pension Plan | 2024 | |
| Refrigeration, A/C & Service Div. (Ua Nj) Pension Plan Refrigeration, A/C & Service Div. (Ua Nj) Pension Fund | 2024 | |
| Road Carriers Local 707 Pension Fund Board Of Trustees Of The Road Carriers Local 707 Pension Fund | 2024 | |
| I.B.E.W. Local No. 728 Pension Fund Trustees Of I.B.E.W. Local No. 728 Pension Fund | 2024 | |
| United Union Of Roofers Local 8 Annuity Fund United Union Of Roofers Local 8 Annuity Fund | 2024 | |
| Motion Picture Industry Pension Plan Board Of Directors, Motion Picture Industry Pension | 2024 | |
| Motion Picture Industry Individual Account Plan Board Of Directors, Motion Picture Industry Pension | 2024 | |
| Teamsters Local Union No. 115 Pension Plan Teamsters Local Union No.115 Pension Plan | 2024 | |
| Apartment Employees' Pension Trust Apartment Employees' Pension Trust | 2024 | |
| Beer Industry Local Union No. 703 Pension Fund Beer Industry Local Union No. 703 Pension Fund Trustees | 2024 | |
| Teamsters Local Union 331 Severance Trust Fund Teamsters Local Union 331 Severance Trust Fund | 2024 | |
| Operative Plasterers & Cement Masons Officers & Employees Pension Fund Operative Plasterers & Cement Masons Off & Emp Pension Fund Trste | 2024 | |
| Sheet Metal Workers Local Union No 25 New Jersey Annuity Fund Board Of Trustees, Smw Local Union No. 25 Nj Annuity Fund | 2024 | |
| Carolina Electrical Workers Retirement Fund Board Of Trustees Of Carolina Electrical Workers Retirement Fund | 2024 | |
| Transit Management Of Southeast Louisiana, Inc. Retirement Income Plan Transit Management Of Southeast Louisiana, Inc. | New Orleans, LA | 2024 |
| Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund Bridge, Structural & Ornamental Ironworkers Local 207 Pension Fund | 2024 | |
| Iron Workers District Council Of Tn Valley & Vicinity Pension Plan Iron Workers District Council Of Tn Valley & Vicinity Pension Plan | 2024 | |
| Retirement Plan For Employees Of Matson Matson, Inc. | 2024 | |
| I B E W Local 673 Pension Plan Trustees Of Plan I B E W Local 673 Pension Plan | 2024 | |
| Excavators Union Local 731 Annuity Fund Excavators Union Local 731 Annuity Board Of Trustees | 2024 | |
| Usw District 10, Local 286, Pension Plan Board Of Trustees Usw District 10,Local 286, | 2024 | |
| Brotherhood Of Locomotive Engineers And Trainmen Long Island Pension Fund Board Of Trustees | 2024 | |
| Northeast District Council Of The Opcmia Annuity Fund Northeast District Council Of The Opcmia Annuity Fund | 2024 | |
| South Florida Electrical Workers Pension Plan Trustees Of South Florida Electrical Workers Pension Plan | 2024 | |
| Laborers Local Union No. 158 Pension Plan Laborers Local Union No. 158 Pension Fund | 2024 | |
| Construction Workers Local 147 Annuity Fund Board Of Trustees Of Construction Workers Local 147 Annuity Fund | 2024 | |
| International Association Of Heat & Frost Insulators & Allied Workers Local 78 Pension Plan International Association Of Heat & Frost Insulators & Allied | 2024 | |
| Pension Fund For Hospital And Health Care Employees, Philadelphia And Vicinity Pension Fund For Hospital And Health Care Employees | 2024 | |
| Cement Masons Local 780 Pension Fund Cement Masons Local 780 Pension Fund | 2024 | |
| Pension Fund For Nursing And Health Care Employees Pension Fund For Nursing And Health Care Employees | 2024 | |
| United Union Of Roofers Local 8 Pension Fund United Union Of Roofers Local 8 Pension Fund Board Of Trustees | 2024 | |
| Nurses And Local 813 Ibt Retirement Plan Board Of Trustees Of Nurses And Local 813 Ibt Retirement Plan | Long Island City, NY | 2024 |
| Marble Industry Annuity Trust Fund Board Of Trustees Of Marble | 2024 | |
| Park Ohio Industries And Subsidiaries Pension Plan Park Ohio Industries Inc | 2024 | |
| Midwest Pension Plan Board Of Trustees Midwest Pension Plan | Hillside, IL | 2024 |
| United Teamster Pension Fund A Board Of Trustees Of United Teamster Pension Fund A | Brooklyn, NY | 2024 |
| Marble Industry Pension Trust Fund Board Of Trustees Of Marble | 2024 | |
| Iron Workers Pension Plan Of Western Pennsylvania Board Of Trustees Iron Workers Pension Plan Of Western Pa | 2024 | |
| Electricians Local Union No. 606 Pension Annuity Fund Trustees Of Electricians Local Union No. 606 Pension Annuity Fund | 2024 | |
| Insulators Local No. 2 Pension Plan Board Of Trustees Insulators Local No. 2 Pension Plan | 2024 | |
| Laborers District Council Pension And Disability Trust Fund No. 2 Laborers District Council Pension And Disability Trust Fund No. 2 | Columbia, MD | 2024 |
| United Union Of Roofers, Waterproofers & Allied Workers, Local 154 Pension Fund Board Of Trustees Local 154 Pension Fund | Hauppauge, NY | 2024 |
| Pension Fund Of Heat And Frost Insulators Local 12 Board Of Trustees Pension Fund Of Heat And Frost Insulators Local 12 | 2024 |
People (26)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brian Lee Gevry | Ceo / Co Chief Investment Officer | CFA | Jun 2000 (26y) | Less than 5% |
| Michael Edward Bee | Executive Vice President | Jun 2000 (26y) | Less than 5% | |
| Timothy Michael Hyland | President, National Director Of Sales And Marketing | Jun 2000 (26y) | Less than 5% | |
| Waler, James, Allan | Executive Vice President/Chief Technology Officer | Jan 2006 (21y) | Less than 5% | |
| Brian A Convery | Executive Vice President/ Co Chief Investment Officer | CFA | Mar 2012 (14y) | Less than 5% |
| Everson, Sarah, Hunt | Trustee | Nov 2013 (13y) | GP / trustee / elected manager of Wgh Dynasty Trust (indirect) | |
| Hunt, Jason, Michael | Trustee | Nov 2013 (13y) | GP / trustee / elected manager of Wgh Dynasty Trust (indirect) | |
| Hunt, Joshua, William | Trustee | Nov 2013 (13y) | GP / trustee / elected manager of Wgh Dynasty Trust (indirect) | |
| Hunt, Matthew, Daniel | Trustee | Nov 2013 (13y) | GP / trustee / elected manager of Wgh Dynasty Trust (indirect) | |
| Perry, Stephen, Alexander | Executive Vice President, Strategic Advisor | Jan 2015 (12y) | Less than 5% | |
| Jamieson, Patricia, Jane | Executive Vice President, Chief Financial Officer | Mar 2016 (10y) | Less than 5% | |
| Tarantino, Thomas, Joseph | Executive Vice President, Chief Operating Officer, Chief Legal Officer, Chief Compliance Officer | Mar 2016 (10y) | Less than 5% | |
| David Michael Dirk | Registered representative | CFA | Jul 2000 (26y) | |
| Deborah Jean Leet | Registered representative | Jul 2000 (26y) | ||
| Theodore Noel Hellmuth | Registered representative | Jun 2002 (24y) | ||
| Justin Charles Waggoner | Registered representative | Jan 2008 (19y) | ||
| Michael Richard Vandenbossche | Registered representative | CFA | Nov 2014 (12y) | |
| Patrick Joseph Prato | Registered representative | Nov 2017 (9y) | ||
| Rank Orion Dawson | Registered representative | CFA | Mar 2018 (8y) | |
| Bobby John Frady | Registered representative | Mar 2018 (8y) | ||
| Ashish Kumar Mishra | Registered representative | Apr 2019 (7y) | ||
| Gregory David Oviatt | Registered representative | CFA | Nov 2019 (7y) | |
| Stephen Bradley Fush | Registered representative | CFA | Nov 2019 (7y) | |
| Adam Carter Thayer | Registered representative | CFA | Jan 2024 (3y) | |
| Alec L Gevry | Registered representative | Aug 2024 (2y) | ||
| Michael Joseph Krushena | Registered representative | CFA | Jan 2025 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Boyd Watterson Llc | Shareholder | Dec 2008 | A | 75% or more |
| Boyd Tamco Holdings, Llc | Shareholder | Dec 2021 | B | ≈ 56.25% – 100% via Boyd Watterson Llc |
| Hunt Amber Ownership, Llc | Member | Jun 2018 | B | ≈ 7.03% – 37.5% via Hunt Amber Holdings Us, Llc |
| Hunt Fs Holdings Llc | Member | Apr 2018 | B | ≈ 5.27% – 37.5% via Hunt Amber Ownership, Llc |
| Hunt Company, Llc | Member | Feb 2016 | B | ≈ 3.96% – 37.5% via Hunt Fs Holdings Llc |
| Hunt Companies, Inc. | Member | Oct 2005 | B | ≈ 2.97% – 37.5% via Hunt Company, Llc |
| Bw Newco Holdco, Inc | Member | Aug 2024 | B | ≈ 37.5% – 75% via Boyd Watterson Llc |
| Hunt Amber Holdings Us, Llc | Shareholder | Feb 2015 | B | ≈ 9.38% – 37.5% via Hunt Amber London 1 Limited |
| Wgh Dynasty Trust | Shareholder | Mar 2013 | B | ≈ 1.48% – 28.13% via Hunt Companies, Inc. |
| Hunt Amber London 1 Limited | Member | Aug 2024 | B | ≈ 18.75% – 50% via Boyd Watterson Llc |
| Hunt Amber Development Us, Llc | Shareholder | Feb 2015 | B | ≈ 4.69% – 25% via Hunt Amber London 1 Limited |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Boyd Tamco Holdings, Llc: 75% – 100% of Boyd Watterson Llc × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Hunt Amber Ownership, Llc: 75% – 100% of Hunt Amber Holdings Us, Llc × 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 7.03% – 37.5% of the firm
- Hunt Fs Holdings Llc: 75% – 100% of Hunt Amber Ownership, Llc × 75% – 100% of Hunt Amber Holdings Us, Llc × 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 5.27% – 37.5% of the firm
- Hunt Company, Llc: 75% – 100% of Hunt Fs Holdings Llc × 75% – 100% of Hunt Amber Ownership, Llc × 75% – 100% of Hunt Amber Holdings Us, Llc × 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 3.96% – 37.5% of the firm
- Hunt Companies, Inc.: 75% – 100% of Hunt Company, Llc × 75% – 100% of Hunt Fs Holdings Llc × 75% – 100% of Hunt Amber Ownership, Llc × 75% – 100% of Hunt Amber Holdings Us, Llc × 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 2.97% – 37.5% of the firm
- Bw Newco Holdco, Inc: 50% – 75% of Boyd Watterson Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
- Hunt Amber Holdings Us, Llc: 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 9.38% – 37.5% of the firm
- Wgh Dynasty Trust: 50% – 75% of Hunt Companies, Inc. × 75% – 100% of Hunt Company, Llc × 75% – 100% of Hunt Fs Holdings Llc × 75% – 100% of Hunt Amber Ownership, Llc × 75% – 100% of Hunt Amber Holdings Us, Llc × 50% – 75% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 1.48% – 28.13% of the firm
- Hunt Amber London 1 Limited: 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Hunt Amber Development Us, Llc: 25% – 50% of Hunt Amber London 1 Limited × 25% – 50% of Boyd Watterson Llc × 75% – 100% direct ≈ 4.69% – 25% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (68)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Electricians Pension Plan, Ibew 995 | Trustees Of The Electricians Pension Plan, Ibew 995 | 469 | $77.7M | 10/01/2024 |
| Construction & General Laborers' Local 190 Pension Fund | Construction & General Laborers' Local 190 Pension | 741 | $166M | 08/01/2024 |
| Plumbers And Steamfitters Local No. 42 Pension Plan | Board Of Trustees Of Plumbers And Steamfitters Local No. 42 Pension | 251 | $72.0M | 07/01/2024 |
| Roofers Local 195 Annuity Fund | Roofers Local 195 Annuity Fund | 191 | $10.9M | 07/01/2024 |
| Ironworkers National Pension Plan | Ironworkers National Pension Plan Board Of Trustees | 2,852 | $503M | 07/01/2024 |
| Operating Eng. Local 474 Defined Contribution | Operating Eng. Local 474 Defined Contribution | 254 | $61.3M | 07/01/2024 |
| Laborers Local 1298 Of Nassau & Suffolk Counties Annuity Fund | Board Of Trustees Local 1298 Annuity Fund | 1,533 | $282M | 07/01/2024 |
| Laborers Local 1298 Of Nassau & Suffolk Counties Pension Fund | Board Of Trustees Local 1298 Pension Fund | 1,224 | $479M | 07/01/2024 |
| Allied Workers Local 48 Pension Plan | Board Of Trustees Of Allied Workers Local 48 Pension Fund | 542 | $34.3M | 07/01/2024 |
| Sheet Metal Workers Local Union No. 80 Pension Fund | Trustees Of Sheet Metal Workers Local Union No. 80 Pension Fund | 1,348 | $422M | 06/01/2024 |
| Plumbers' Pension Fund, Local 130, U.A. | Trustees Of The Plumbers Pension Fund, Local 130, U.A. | 3,098 | $1.7B | 06/01/2024 |
| Teamsters Negotiated Pension Plan | Teamsters Negotiated Pension Plan | 2,158 | $713M | 06/01/2024 |
| Ua Local 190 Pension Plan | Joint Board Of Trustees Of The Ua Local 190 Pension Plan | 1,283 | $286M | 06/01/2024 |
| Plasterers' Local 8 Pension Fund | Trustees Of Plasterers' Local 8 Pension Fund | 87 | $29.8M | 05/01/2024 |
| Sheet Metal Workers Pension Fund Of Local Union No. 19 | Sheet Metal Workers Pension Fund Of Local Union | 1,833 | $519M | 05/01/2024 |
| Bricklayers' Pension Trust Fund Metropolitan Area | Joint Board Of Trustees Bricklayer Pension Trust Fund | 503 | $190M | 05/01/2024 |
| Carpenters' Pension Trust Fund Detroit And Vicinity | Board Of Trustees Of Carpenters' Pension Trust Funddetroit&Vicinity | 4,904 | $1.4B | 05/01/2024 |
| Iron Workers Local 17 Pension Fund | Iron Workers Local 17 Pension Fund | 666 | $163M | 05/01/2024 |
| Iron Workers' Local No. 25 Pension Fund | Board Of Trustees, Iron Workers Local No. 25 | 1,795 | $565M | 05/01/2024 |
| Michigan Regional Council Of Carpenters' Annuity Fund | Joint Board Of Trustees Of Mi Reg Council Of Carpenters Annuity Fund | 17,503 | $531M | 05/01/2024 |
| The Cleveland Glass & Glazing Industry Defined Contribution Plan | Joint Board Of Trustees Of Glazier No. 181 & Employers | 721 | $64.8M | 04/01/2024 |
| Pressmens Publishers Pension Fund | Pressmens Publishers Pension Fund Board Of Trustees | 0 | $97.1M | 04/01/2024 |
| Heavy And General Laborers' Local Unions 472 And 172 Of New Jersey Pension Fund | Board Of Trustees H&Gl Local Unions 472 & 172 Of Nj Pension Fund | 7,670 | $1.8B | 04/01/2024 |
| Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Baltimore Chapter Pension Fund | Bricklayers & Allied Craftsmen Local 1 Of Md, Va & Dc Balt Chapter Pen | 138 | $46.7M | 04/01/2024 |
| Plumbers Local Union No. 17 Pension Plan | Joint Board Of Trustees Plumbers Local Union No. 17 Pension Plan | 292 | $45.0M | 04/01/2024 |
Top 25 of 68 plans by assets.
From Form 5500 service-provider disclosures.
Foundations & charities (1)
| Organization | Type | Assets | As of |
|---|---|---|---|
| Heavy & Highway Construction Health & Welfare Fund | Public charity | $205M | 04/30/2024 |
From IRS Form 990 investment-management-fee disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 2.15 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Pnc Bank $2.0B (10% of AUM) Mar 2026
- Morgan Stanley $701M (10% of AUM) Mar 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗