AUMdb

Blue Water Asset Management, Llc

SEC-registered Wealth Manager · Small ($100M–$1B) CRD 175362 · SEC file 801-81153 · Grand Rapids, MI · BLUEWATERASSETMANAGEMENT.COM
☆ Save with Pro ADV data as of Jun 03, 2026
Regulatory AUM
$428M
Discretionary
$428M
Clients
940
Avg AUM / client
$456K
Accounts
1,855
Employees
10

AUM over time

$0 $428M
Mar 11, 2015 Jun 3, 2026

Reported AUM from Form ADV filings, plotted by filing date · as of Jun 03, 2026

Who they serve

Client typeClientsAUM% of AUM
Individuals (non-high net worth) 794 $166M 38.8%
High net worth individuals 122 $246M 57.5%
Charitable organizations 6 $5.0M 1.16%
Insurance companies 2 $219K 0.05%
Corporations and other businesses 15 $8.3M 1.94%
Other 1 $2.3M 0.53%

Retirement plan clients

Plans that reported this firm as an investment service provider on Form 5500 Schedule C.

Plan Location Plan year
Polaris 401(k) Plan Polaris Home Funding Corporation 2024

People (7)

roster as of Jul 20, 2026
NameRole / titleCredentialsWith firm sinceOwnership
Mark Sid Redfield Managing Member Chartered Financial Consultant Feb 2015 (12y) 75% or more
Nicolle M. Rumsey Chief Operating Officer And Compliance Officer Mar 2015 (11y) Less than 5%
Jay William Greer Chief Compliance Officer May 2015 (11y) Less than 5%
David Michael Teroller Registered representative Mar 2015 (11y)
Theodore Michael Terzian Registered representative Jun 2015 (11y)
Beau S Redfield Registered representative CFP Jan 2019 (8y)
Benjamin H Redfield Registered representative May 2025 (1y)

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

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 (1)

PlanSponsorParticipantsPlan assetsAs of
Polaris 401(k) Plan Polaris Home Funding Corporation 131 $11.0M 01/01/2024

From Form 5500 service-provider disclosures.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 06/03/2026 1.11 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
  • Hourly charges
  • Fixed fees

Services

  • Financial planning services
  • Portfolio management for individuals/small businesses
  • Pension consulting services
  • Selection of other advisers

Custody

Reported custodians

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: Jun 03, 2026.

View current Form ADV (SEC/IAPD) ↗