Windrose Advisors Llc
- Regulatory AUM
- $2.7B
- Discretionary
- $983M
- Clients
- 153
- Avg AUM / client
- $17.4M
- Accounts
- 600
- Employees
- 23
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| High net worth individuals | 70 | $1.5B | 54.6% |
| Pooled investment vehicles (non-investment companies) | 71 | $983M | 36.8% |
| Charitable organizations | 12 | $229M | 8.59% |
Private funds (61)
View all →Reported in Form ADV Section 7.B.(1), filing of Aug 2024 · $1.1B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Wa Market Directional Hedge Fund, Llc | Hedge Fund | Delaware | $179M | 36 |
| Wa Absolute Return Hedge Fund, Llc | Hedge Fund | Delaware | $162M | 38 |
| Wa Global Equity Fund, Llc | Liquidity Fund | Delaware | $124M | 30 |
| Wa Real Assets Fund Llc | Real Estate Fund | Delaware | $77.0M | 37 |
| Wa Private Equity Fund V, Llc | Private Equity Fund | Delaware | $57.2M | 9 |
| Wa Private Equity Fund Vi, Llc | Private Equity Fund | Delaware | $51.1M | 15 |
| Wa Private Equity Fund Vii, Llc | Private Equity Fund | Delaware | $45.1M | 15 |
| Wa Private Equity Fund Ix, Llc | Private Equity Fund | Delaware | $31.6M | 19 |
| Windrose Av Llc | Private Equity Fund | Delaware | $28.6M | 11 |
| Wa Private Equity Fund X, Llc | Private Equity Fund | Delaware | $23.0M | 28 |
| Wa Private Equity Fund Viii, Llc | Private Equity Fund | Delaware | $22.1M | 15 |
| Windrose Lateral Llc | Private Equity Fund | Delaware | $20.1M | 12 |
| Windrose Ndcr South Boston Llc | Real Estate Fund | Delaware | $19.6M | 22 |
| Windrose First Boston Lending Pool Iv Llc | Real Estate Fund | Delaware | $19.0M | 33 |
| Windrose Mcp Iv Llc | Venture Capital Fund | Delaware | $16.6M | 11 |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| William A Heitin | Chief Executive Officer And President | Aug 2009 (17y) | 5% – 10% | |
| Kenneth Robert Polay | Partner | CFP | Feb 2010 (17y) | Less than 5% |
| Paul Scott Pomerantz | Controller And Chief Compliance Officer | May 2010 (16y) | Less than 5% | |
| Gildas Quinquis | Partner And Chief Investment Officer | CFA | May 2015 (11y) | Less than 5% |
| Fireman, Daniel, Max | Owner | Dec 2019 (7y) | ≈ 7.5% – 25% via Df Capital Llc | |
| Paul Kenneth Mutch | Managing Director | Chartered Financial Consultant | May 2022 (4y) | Less than 5% |
| Reilly Thomas Dahlquist | Registered representative | CFA | Feb 2025 (1y) | |
| Adam Robert Ladd | Registered representative | CFA | Jan 2026 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Phyllis Fireman Reebok Grat Fbo Daniel Fireman | Shareholder | Sep 2022 | A | 25% – 50% |
| Df Capital Ii Llc | Shareholder | Jan 2023 | A | 25% – 50% |
| Df Capital Llc | Shareholder | Dec 2019 | A | 10% – 25% |
| Phyllis Fireman Reebok Grat Fbo Lori Baldwin | Shareholder | Jan 2023 | A | Less than 5% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Fireman, Daniel, Max: 75% – 100% of Df Capital Llc × 10% – 25% direct ≈ 7.5% – 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.
Private funds (61, $1.1B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Wa Market Directional Hedge Fund, Llc | Hedge Fund | $179M | $25.0K | 36 |
| Wa Absolute Return Hedge Fund, Llc | Hedge Fund | $162M | $25.0K | 38 |
| Wa Global Equity Fund, Llc | Liquidity Fund | $124M | $25.0K | 30 |
| Wa Real Assets Fund Llc | Real Estate Fund | $77.0M | $25.0K | 37 |
| Wa Private Equity Fund V, Llc | Private Equity Fund | $57.2M | $25.0K | 9 |
| Wa Private Equity Fund Vi, Llc | Private Equity Fund | $51.1M | $25.0K | 15 |
| Wa Private Equity Fund Vii, Llc | Private Equity Fund | $45.1M | $25.0K | 15 |
| Wa Private Equity Fund Ix, Llc | Private Equity Fund | $31.6M | $0 | 19 |
| Windrose Av Llc | Private Equity Fund | $28.6M | $0 | 11 |
| Wa Private Equity Fund X, Llc | Private Equity Fund | $23.0M | $25.0K | 28 |
| Wa Private Equity Fund Viii, Llc | Private Equity Fund | $22.1M | $0 | 15 |
| Windrose Lateral Llc | Private Equity Fund | $20.1M | $0 | 12 |
| Windrose Ndcr South Boston Llc | Real Estate Fund | $19.6M | $0 | 22 |
| Windrose First Boston Lending Pool Iv Llc | Real Estate Fund | $19.0M | $0 | 33 |
| Windrose Mcp Iv Llc | Venture Capital Fund | $16.6M | $0 | 11 |
| Windrose Nd Midtown Llc | Real Estate Fund | $14.9M | $0 | 21 |
| Windrose Eaf Vii Llc | Private Equity Fund | $14.0M | $0 | 12 |
| Windrose Opportunities Fund Llc | Private Equity Fund | $12.6M | $0 | 23 |
| Windrose Kennedy Lewis Ii Llc | Private Equity Fund | $12.6M | $0 | 16 |
| Windrose Nd Unicorn Llc | Real Estate Fund | $12.2M | $0 | 24 |
| Windrose Ivp Xv Llc | Private Equity Fund | $11.8M | $0 | 11 |
| Windrose Wrpv Xiii Llc | Real Estate Fund | $11.7M | $0 | 13 |
| Windrose Cbref Llc | Real Estate Fund | $9.8M | $0 | 11 |
| Windrose First Boston Lending Pool V Llc | Real Estate Fund | $9.2M | $0 | 24 |
| Wa Private Equity Fund Xi, Llc | Private Equity Fund | $9.2M | $25.0K | 32 |
Top 25 of 61 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 12.8 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: ON MARCH 30, 2021, FORMER SHAREHOLDERS AND OPTION HOLDERS FILED A CLASS ACTION COMPLAINT (THE"COMPLAINT"), CASE NO. 2021-0268, IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE RELATED TO A MERGERTRANSACTION. THE LAWSUIT NAMED FCP, ITS AFFILIATES, AS WELL AS CERTAIN ADVISORY AFFILIATES, AS CO-DEFENDANTS.THE COMPLAINT ALLEGES, INTER ALIA, COUNTS OF BREACH OF FIDUCIARY DUTIES AND TORTIOUS INTERFERENCE BY THEDEFENDANTS. Status: Pending Summary: ON MARCH 30, 2021, FORMER SHAREHOLDERS AND OPTION HOLDERS FILED A CLASS ACTION COMPLAINT (THE "COMPLAINT"), CASE NO. 2021-0268, IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE RELATED TO A MERGER TRANSACTION. THE LAWSUIT NAMED FCP, ITS AFFILIATES, AS WELL AS CERTAIN ADVISORY AFFILIATES, AS CO-DEFENDANTS. THE COMPLAINT ALLEGES, INTER ALIA, COUNTS OF BREACH OF FIDUCIARY DUTIES AND TORTIOUS INTERFERENCE BY THE DEFENDANTS.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
Custody
Reported custodians
- BNY Mellon $398M (15% of AUM) Mar 2026
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) ↗