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Edgewater Asset Management

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Client assets under management

$40,915,801

Clients

28

64% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

More info

Clients per advisor

14

Very Low

Average account size

$1,461,279

About

Edgewater Asset Management serves a small group of individual, trust, and corporate clients with discretionary portfolio management and separate consulting engagements. The firm operates as a fee-only fiduciary and manages client assets custodied at the client’s chosen broker-dealer while also offering fixed-fee consulting services.

Investment decisions are driven by a top-down economic framework with focused sector allocation, and the firm combines fundamental, technical (charting), and cyclical analysis when constructing portfolios. Implementations may include equities, bonds, mutual funds, ETFs and, in appropriate accounts, options, margin, and short sales; clients may impose reasonable investment restrictions.

What is distinctive is the firm’s small, experienced two-advisor structure that manages discretionary assets in the tens of millions while also providing consulting for outside portfolios totaling over $200 million, a service mix less common among peers. The firm also leaves proxy voting to clients rather than voting on their behalf and explicitly declines commissions or soft-dollar arrangements, underscoring its purely fee-only advisory model.

Client services

Portfolio management Consulting services

Expertise

Options & derivatives strategies Active portfolio management Wealth management

Occupation focus

Founder/Business Owner

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Fee options

Percentage

$0 - $1,000,000: 1.00% annually $0 - $1,000,000: 0.25% quarterly (equivalent to 1.00% annually) $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly $0 - $1,000,000: 0.25% quarterly

Other

Account minimum: $500,000 Fee-only: Consulting fees negotiable; minimum $1,000 per annual meeting; quarterly fees minimum $500; fees up to $10,000 per month for accounts over $25 million

Main office location

Edgewater Asset Management

5244 Shenstone Circle, Suite 200

Virginia Beach VA 23455-3214, United States

Number of offices

1

Most active in

More info

Virginia

Disclosures

More info

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

More info

Forms ADV

Form ADV Part 2: Client Brochure

Quick links

Website 757-363-7696

Advisors at this firm

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Steven W

Series 63, Series 65

Virginia Beach, VA

Edgewater Asset Management

Steven Winter is a financial advisor at Edgewater Asset Management in Virginia Beach, VA, holding Series 63 and Series 65 designations with 22 years of industry experience. He has been with Edgewater Asset Management since 1996. Edgewater Asset Management serves a limited clientele of individuals, families, trusts, and corporations with personalized portfolio management and consulting services. The firm operates as a fee-only fiduciary, emphasizing a top-down economic investment approach with active sector allocation and tailored advice based on client objectives and tax considerations.

Options & derivatives strategies Active portfolio management Wealth management Founder/Business Owner
user avatar

Lynne M

CFA®, Series 63, Series 65

Virgina Beach, VA

Edgewater Asset Management

Lynne Mallory is a CFA® charterholder with 22 years of industry experience. She has been with Edgewater Asset Management since 1991. The firm serves a limited clientele of individuals, families, trusts, and corporations, providing fee-only fiduciary discretionary investment management and fixed-fee consulting services. Edgewater’s investment approach combines top-down economic analysis with active sector allocation, using a range of securities tailored to client objectives and tax considerations.

Options & derivatives strategies Active portfolio management Wealth management Founder/Business Owner
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