Brightwater Advisory, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$293,362,390
Clients
273
Advisors
2
of 5 employees
About
Brightwater serves individual and high‑net‑worth clients, as well as charitable organizations, pension/profit‑sharing plans and business entities, managing about $303.8 million for roughly 273 client relationships with a two‑advisor team. The firm offers discretionary and non‑discretionary investment management, wealth management, financial planning and consulting.
Brightwater’s investment process is primarily fundamental, supplemented by limited technical analysis, using top‑down allocation informed by third‑party research and bottom‑up quantitative value metrics for security selection; model portfolios blend passive sleeves and active sleeves with a risk‑management overlay. Portfolios are largely long‑term but may be tactically adjusted for market and interest‑rate trends, and the firm also provides advice and allocation direction for held‑away products such as variable life/annuity contracts and employer‑sponsored retirement plans where assets remain with the product provider.
A notable and uncommon feature is that Brightwater sponsors and manages its own wrap fee program, a bundled arrangement that can result in higher aggregate fees than buying investment management and brokerage separately. The firm also routinely includes cash and certain held‑away assets in its fee calculations and operates with a relatively small advisory staff relative to its asset base, which may influence implementation and client servicing compared with larger advisory teams.
Client services
Expertise
Fee options
Fixed fees range from $400 to $3,000
$0 - $500,000: 1.50% Above $500,000+: 1.00%
$200 to $400 per hour
Fee-only: Fixed fees range from $400 to $3,000; hourly fees range from $200 to $400
Main office
4613 W. North A St.
Tampa FL 33609
Advisors at this office
2
Most active in
Florida · Georgia · North Carolina · Texas · Virginia
Also doing business as
Brightwater Advisory, LLC · Tampa Asset Management
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
David M
Series 63, Series 65
Tampa, FL
Brightwater Advisory, LLC
David Maddux Jr. is a financial advisor at Brightwater Advisory, LLC in Tampa, FL, with 27 years of industry experience. He holds Series 63 and Series 65 licenses and has previously worked at Wells Fargo Advisors and Tampa Asset Management. Brightwater Advisory serves individual and high-net-worth clients, charitable organizations, pension and profit-sharing plans, and business entities. The firm manages approximately $303.8 million across about 273 client relationships, offering discretionary and non-discretionary investment management, financial planning, and consulting with a primarily fundamental investment approach augmented by quantitative metrics and a risk-management overlay.
Barry B
CFP®, Series 65
Tampa, FL
Brightwater Advisory, LLC
Barry Brindise is a CFP® and Series 65-licensed advisor with five years of industry experience, currently with Brightwater Advisory, LLC in Tampa, FL. His prior work includes a consulting role and a 12-year tenure at Catalina Marketing. Outside of advisory work, he is the owner of Oakellar LLC, a real estate investment related to managing a single-family residence. Brightwater Advisory provides investment management, wealth management, financial planning, and consulting services to individuals, including high-net-worth clients, as well as charitable organizations and business entities. The firm employs a primarily fundamental investment process supplemented by technical analysis and manages a wrap fee program alongside standard advisory accounts.
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor’s Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and introductions are provided by FinanceHQ LLC (“FHQ”), a wholly-owned subsidiary of Warmer and an SEC-registered investment advisor. We receive compensation from certain participating advisors for introductions or referrals. This creates a conflict of interest because we have an incentive to recommend advisors who compensate us, including those who pay us more. You pay no fee to use our matching service, and advisor fees are not increased because of a referral or introduction. We do not review the ongoing performance of advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to our Terms of Service and Advisory Agreement, and acknowledge our Privacy Policy. Please review FHQ’s ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. (“Warmer”)